Ormonde Mining is considering all future options after opting to sell out of its chief asset. So the Meath-based prospector has decided to sell its 30% stake in the Barruecopardo tungsten mine, in western Spain, for €6m to its joint-venture partner US investment firm Oaktree Capital Management.

Scott Mitchell and David Evans are both through to the Quarter-Finals at the 2020 BDO World Championship to end the evening session at the Indigo at the O2.

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and ammonium paratungstate (APT) prices are in the upward trend because tungsten institutions and listed companies raised their new guide prices for the first half of January. 

Rare earth market quotation in China: dysprosium oxide and praseodymium neodymium oxide prices decline slightly while cerium oxide price maintain stability. 

Molybdenum market quotation in China: the latest of molybdenum concentrate and molybdenum oxide prices edge higher while ferro molybdenum price is unchanged from the previous trading day on the stability in mentality of both buyers and sellers. 

On rare earth exploration, Japan plans to use the deep-sea exploration ship "Earth" to carry out practical verification of the sea bottom rare metals around the South Bird Island of the Ogasawara Islands from 2021. This is more than a year ahead of schedule.

SKC would acquire KCFT, the world's top manufacturer of copper foil for the use of lithium batteries, to diversify its business portfolio, according to report on January 6. SKC is a South Korea-based company mainly engaged in the production and sale of polyethylene terephthalate (PET) film.

Global tungsten markets are expected to recover in the second half of 2020 because supply and demand move closer to balance compared with last year, but political instability and trade tensions in major industrial economies could limit tungsten demand growth.

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten carbide powder prices in China continue to maintain stability in wake of the stabilization of offer levels released by listed tungsten companies. Buy affected by the holiday of Chinese New Year, the whole market transactions are limited. 

Scientists at the U.S. Department of Energy's (DOE) Princeton Plasma Physics Laboratory (PPPL) have discovered a way to use insulating boron powder to isolate tungsten from the plasma, making the tokamak nuclear fusion reactor safer. Related research results have been published in the International Atomic Energy Agency (IAEA) academic journal Nuclear Fusion.