Tungsten News

Tungsten News
Molybdenum Market Update – March 24, 2025 49

Molybdenum market update on March 24, 2025 At the beginning of the week, the overall domestic molybdenum market improved slightly, mainly reflected in the rebound of product prices and the increase in the enthusiasm of downstream users to inquire and purchase. Today, the prices of molybdenum concentrate, ferromolybdenum and molybdenum powder are consolidated at around 3,330 yuan/ton, 218,000 yuan/ton and 400 yuan/kg respectively. Recently, the steel companies that have bid for ferromolybdenum include Huaigang Special Steel, Northeast Special Steel, Dongfang…

Tungsten News
Rare Earth Market Update – March 24, 2025 58

Rare earth market update on March 24, 2025 The overall domestic rare earth market is generally normal, mainly due to the low willingness of suppliers to reduce prices and the difficulty of downstream users to improve their rigid purchasing status. Today, the prices of praseodymium-neodymium metal, terbium oxide and dysprosium oxide dropped by about 2,000 yuan/ton, 20 yuan/kg and 10,000 yuan/ton respectively. According to China Tungsten Online, the price center of gravity of rare earth raw materials has dropped to…

Tungsten News
Tungsten Market Stalemate Awaits Breakthrough 78

Analysis of latest tungsten market from Chinatungsten Online On Monday, tungsten prices remained stable, with tight resource availability at the mining end and lackluster downstream terminal demand continuing to pull the market in opposite directions. This essentially reflects a contest between the long-term strategic value of tungsten and short-term economic cycles. Divergent views between bullish and bearish market participants are evident, leading to a stagnant trading atmosphere and pervasive wait-and-see sentiment. The price of 65% wolframite concentrate saw a slight…

Tungsten News
Rare Earth Market Update – March 21, 2025 61

Rare earth market update on March 21, 2025 This week, the domestic rare earth market has generally maintained a stable trend, with no significant changes in product prices and moderate transaction volumes. This stability stems from the conflicting dynamics of suppliers’ reluctance to sell and their firm pricing stance, juxtaposed against the difficulty of increasing downstream demand. Currently, industry participants are primarily focused on the issuance of the first batch of rare earth mining quotas for this year. According to…

Tungsten News
Molybdenum Market Update – March 21, 2025 79

Molybdenum market update on March 21, 2025 This week, the overall domestic molybdenum price continued to decline, primarily due to heightened panic among suppliers, persistent price suppression by steel companies, and limited influence from the international molybdenum market. However, factors such as steady downstream demand, increased support from production costs, and a stabilization and rebound in international molybdenum prices toward the weekend have led to a narrower decline in molybdenum product prices compared to the previous week. According to CTIA…

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Rare Earth Magnetic Materials Output in Baotou City Increased by More Than 66% in January-February 2025 46

According to the Baotou Industry and Information Bureau, from January to February 2025, the industrial added value of large-scale enterprises in Baotou City grew by 16.0% year-on-year, an acceleration of 1.7 percentage points compared to the full year of the previous year. This growth rate exceeded the national average (5.9%) by 10.1 percentage points and the Inner Mongolia regional average (5.8%) by 10.2 percentage points, marking 54 consecutive months of double-digit growth. From January to February, among Baotou City’s six…

Tungsten News
Inner Mongolia’s Rare Earth Compound Output Increased by More Than 9% in January-February 2025 39

According to the Baotou Industry and Information Bureau, from January to February 2025, the industrial added value of large-scale enterprises in Inner Mongolia grew by 5.8% year-on-year. By major industry categories, the mining sector saw a 2.5% increase in added value, manufacturing grew by 10.3%, and the production and supply of electricity, heat, gas, and water rose by 7.1%. In terms of specific products, raw coal output reached 207 million tons, up 2.0%; power generation totaled 135.98 billion kilowatt-hours, up…

Tungsten News
Fujian Jiefangqiao Mining Area Tungsten Polymetallic Ore Exploration Project Passed The Review 47

On March 17, the “Exploration Report of the Tungsten Polymetallic Deposit in the Jiefangqiao Mining Area, Jiangle County, Fujian Province,” submitted by Fujian Province’s 196 Geological Brigade, successfully passed an expert review organized by the Fujian Provincial Land and Resources Assessment Center. The Jiefangqiao mining area was identified as one of the high-quality prospecting target zones during the 1:50,000 Wan’an regional mineral geological survey conducted by the 196 Geological Brigade. To implement the new round of strategic actions for mineral…

Tungsten News
China’s First Set of “Rare Earth Magnetic Overrunning Clutch” Put into Production 35

Recently, an enterprise in Baotou City achieved large-scale production with its “Rare Earth Magnetic Overtaking Clutch First-Unit Industrialization Project.” Leveraging an advanced structural design, this project has increased the average service life of overtaking clutches in planetary gearboxes of domestic loaders by more than 2,000 hours. The product’s low cost and extended lifespan have disrupted the long-standing monopoly of imported fixed-shaft gearboxes from abroad. According to CTIA GROUP LTD, the rare earth magnetic overtaking clutch is an innovative self-regulating clutch…

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The First Synthesis of Octamer Molybdenum Blue: New Hope For the Molybdenum Oxygen Cluster Family 29

Recently, researchers from Donghua University and the University of Glasgow achieved a significant scientific breakthrough by successfully synthesizing two novel giant molybdenum blue wheel-shaped cluster compounds—{Mo85} and {Mo172}. This accomplishment fills a long-standing gap in high-nuclearity the molybdenum oxygen cluster family, specifically the octameric structure, injecting new vitality and momentum into this field of research. Polyoxometalates (POMs), as a class of inorganic cluster compounds constructed from metal-oxygen building blocks, are widely applied in fields such as catalysis, electronic devices, and…

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