China molybdenum price remains stable on June 11, 2020 under intricate economies both at home and abroad and geopolitical instability. Market participants are cautious and trading activity increases. 

The tungsten mine developer Minerao Pará Tungstênio (MPT) in Brazil plans to build a large-scale operation of up to 1200 tonnes per year WO3 (950 tonnes per year contained W) at its project in Rio Maria, Pará state, with scope to increase capacity further depending on exploration results. MPT estimates a high-grade ore of 0.4-0.5% WO3 could be produced, which would make it one of the higher grade tungsten mines globally. The company is targeting start-ups for H2 2021. According to the foreign media report.

After adding molybdenum disulfide as a catalyst in the solar paint, the wall can generate electricity as well as saves energy. As environmental issues such as climate change are increasingly concerned, many people try to integrate environmental protection concepts into home design. For example, in Hong Kong, there is an on-grid electricity tariff plan implemented by the government to encourage citizens to install solar and wind power generation equipment to generate electricity, hoping to reduce the carbon emissions caused by citizens in their daily lives.

The reporter learned from Baotou Rare Earth High-tech Zone that 500-ton rare earth ceria-zirconia solid solution production lines in northern China have been built and are expected to reach production in September this year, which also signals that our country's ceria-zirconia solid solution technology has broken the international monopoly.

A new tech of the University of Texas Austin (UT Austin) quadruples lifespan of lithium-sulfur batteries. Li-S batteries are hailed as the next-generation battery technology, which is expected to make mobile phones, electric vehicles, and other products last longer, and compared with current lithium-ion batteries, such batteries can be produced in a more environmentally friendly manner and sustainably. However, the service life of such batteries is shorter than that of lithium-ion batteries and will deteriorate over time.

The autonomous mining trucks operated in China's rare earth capital Baotou, Inner Mongolia is 13 meters long, 7 meters wide, 6.8 meters high, and has a self-weight of 139 tons. Due to the slow response of power transmission and braking, and the large vibration during operation, how to precisely control is a technical difficulty in the field of international autonomous driving. Liang Xiao from Beijing Tage Zhixing Technology Co Ltd. said, "We are gradually breaking through these difficulties."

The US Albemarle said it hopes to take full control of the world's largest lithium mine-Greenbushes, Australia, signaling that it intends to block any competitor from acquiring Tianqi Lithium Corp's controlling stake.

Analysis of latest tungsten market from Chinatungsten Online

The cesium tungsten bronze price in China remains weak adjustment on deadlocked supply and demand and low trading activity. The confidence in the market is weakened and most market participants now take a watchful stance.  

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten powder prices in the Chinese market remained weak adjustment in the week ended on Friday Jun. 5, 2020 due to persistent weakness in the demand side. The COVID-19 is till spreading worldwide, resulting in a relatively negative sentiment of traders and weak market prices. 

Rare earth market quotation in China: the terbium oxide, neodymium oxide and praseodymium neodymium oxide prices edge higher on Jun. 9, 2020 as downstream buyers become active in inquiring but actual transactions need to be improved.