Extracting lithium and other valuable minerals from geothermal brines is of great importance with the fierce application of lithium batteries in electronic products, new energy vehicles, and other fields. Companies are seeking novel methods for extracting lithium from brines economically produced in geothermal power plants.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price maintains stability with the approaching of the holiday of May Day. Under the deadlocked supply and demand, market participants mainly hold cautious sentiment. 

Rare earth market quotation in China: dysprosium oxide, lanthanum oxide and praseodymium neodymium oxide prices are unchanged from last week on cautious sentiment of market participants with the approaching of the holiday of May day. 

Molybdenum market quotation in China: the latest of ferro molybdenum, molybdenum concentrate and molybdenum oxide prices edge higher in the week began on Monday April 27, 2020 in wake of active trading activity but transactions prices are not raised.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price showed signs of bottoming out in the week ended on Friday April 24, 2020 with the support of high cost of raw materials. But as the COVID-19 is continuing spread in foreign countries, insiders are still worrying about the outlook. Most market participants held a watchful stance. 

The europium oxide, praseodymium oxide and dysprosium oxide prices in China maintain stability due to sluggish market demand. On the one hand, the COVID-19 has led to a relatively poor development for the entire manufacturing industry around the world, so downstream users mainly consume their inventories. However, in order to promote the healthy circulation of various industries, countries have successively introduced favorable policies to stimulate downstream consumption, thereby making upstream businesses generally keep firm offers. 

The ferro molybdenum, molybdenum oxide and molybdenum bar prices in China continue to rise when downstream users become active in consuming and raw material manufacturers have strong raised mentality. 

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten powder prices in China maintain stability with the impact of weak demand. With the support of high cost, sellers are reluctant to cut product prices and market prices show signs of bottoming out. With the approaching of the holiday of May Day, market participants mainly take a watchful stance. 

Chinese rare earth price was in the upward trend in the week ended on Friday April 24, 2020 but market transactions still were hardly concluded. In the light rare earth market, although downstream magnetic companies were not active in trading, affected by rainy weather and successive introduction of favorable national policies, the confidence of suppliers in firm offers has been strengthened. Prices have risen slightly. 

The molybdenum price in China was in the upward trend in the week ended on Friday April 24, 2020 because both buyers and sellers are active in trading. But with the impact of negative factors, insiders hold different views on the outlook.