With the vigorous development of the new energy vehicle industry, the demand for power lithium-ion battery continues to heat up, causing many lithium-ion battery materials to face supply shortages. Many people in the industry said that whoever has the upstream lithium resources, nickel resources and cobalt resources will have the initiative to develop power batteries.

As the lithium-ion batteries that power most phones, laptops, and electric vehicles become increasingly fast-charging and high-performing, they also grow increasingly expensive and flammable.

At present, the spreading of COVID-19 is furious in the world. Several previous difficult viruses (such as HIV, HBV, PIV, etc.) have not yet been attacked, and new mutant viruses (such as SARS coronavirus, avian influenza virus, and H1N1 influenza virus, etc.) have appeared in humans, seriously affecting human health. 

As one of the most hot topics recently, cobalt-free lithium ion battery is considered as an upgraded version of the current commercial ternary lithium ion battery. Because of their higher energy density and lower production costs, they are popular among many battery manufacturers. As a typical transition metal N-type semiconductor material, how should nano tungsten oxide be used in cobalt-free lithium battery?

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten powder prices in the Chinese market remains stable when tungsten associations and listed companies declined their new offers for the market, which mainly due to lukewarm demand from end users after customers retreated from the market.

China rare earth price remains stable but shows signs of rise on July 9, 2020, but downstream buyers are not active in inquiry and thus market trading fails to meet market expectations. 

The ferro molybdenum, molybdenum oxide and molybdenum oxide prices still maintain stability as most market participants are waiting for a new round of rise. Both downstream and upstream companies control their stocks reasonably. 

Analysis of latest tungsten market from Chinatungsten Online

The tungsten powder and ammonium metatungstate(APT) prices in the Chinese tungsten market maintain stability due to deadlocked supply and demand in the market and unclear outlook of the economy. Moreover, the July and August are the traditional off season, which discourages the confidence of the whole industry.  

Rare earth market quotation in China: neodymium oxide, praseodymium neodymium oxide and praseodymium neodymium metal prices climbed slightly when market becomes active. But considering the deadlocked supply and demand, the whole market trading is thin. 

China molybdenum price is unchanged from the previous trading day owing to low trading activity, cautious sentiment of market participants and persistent weakness in the demand side under the continued spread of COVID-19.