Molybdenum market quotation in China: the latest prices of ferro molybdenum, molybdenum concentrate and molybdenum oxide edged lower compared with last week while molybdenum powder price remained unchanged. The market is not active in trading with rare transactions.

Rare Earths Research Institute of Chinese Academy of Sciences co-building strategic cooperation agreement meeting was held in Nanchang on October 18. The People's Government of Jiangxi Province and the Chinese Academy of Sciences signed the "Strategic Cooperation Agreement for the Establishment of the Chinese Academy of Sciences Rare Earth Research Institute” and unveiled the Lushan Botanical Garden of the Chinese Academy of Sciences.

Molybdenum-catalyzed ammonia production has been developed by researchers at the University of Tokyo. This new ammonia-making process is light, efficient, clean, low-energy, and low-cost based on a special Samarium-Water Ammonia Production (SWAP) promises to scale down ammonia production and improve access to ammonia fertilizer to farmers everywhere which subverts the Haber-Bosch process. Related research results are published in Nature.

Lithium has been pushed into the spotlight by domestic and foreign media along with the 2019 Nobel Prize in Chemistry awarded to three scientists "for the development of lithium-ion batteries," for which enabled the development of long-range electric cars and the storage of energy from renewable sources, such as solar and wind power. The importance of this metal has gradually become recognized by the public.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten carbide powder and cesium tungsten bronze prices are unchanged from the previous trading day when the supply in the raw material markets becomes increase with mining enterprises returning to work gradually. But the purchasers remain low enthusiasm in trading, so the whole market is in a stalemate. 

Rare earth environment-friendly pigments of Baotou are exported to five continents, on October 13, according to the reporter learned from the Baotou Market Supervision and Administration Bureau that since the city officially launched the establishment of “Standard Internationalized and Innovative City”, it has led dozens of leading enterprises to participate in the creation work, and gradually established the standard system of key areas. The standard is in perfect harmony with the world, and rare earth pigments developed in line with international standards are exported to five continents.

Analysis of latest tungsten market from Chinatungsten Online

The latest ferro tungsten and ammonium paratungstate (APT) prices in China start to stabilize with eased supply shortage of raw materials after the National Day holiday but continued weakness in the demand side. The speculation of the industry is gradually cooling down and offers are expected to be re-adjusted. 

Rare earth market quotation in China: the prices of terbium oxide and neodymium oxide declined slightly while lanthanum oxide price remained stable in the middle of October. In the light rare earth market, the prices of products have fallen, affected by the weak market demand of the permanent magnet motor manufacturing industry. 

The latest ferro molybdenum, molybdenum concentrate and powder prices edged lower compared with last trading day due to heavy wait-and-see atmosphere. The molybdenum concentrate market now features declined prices and rare transactions limited by poor performance in the ferro molybdenum market. 

Lithium is widely used in smartphones, pure electric vehicles (EVs) and accumulators, and the value is not to lose rare earth. The growing demand for lithium-ion batteries is bringing new business opportunities to the raw materials sector. In addition to trading companies and resource companies, cross-border companies such as battery companies and IT companies have also set off intricate battles.