Tungsten News

Tungsten News
Baotou Q1 2025 Rare Earth Industry Added Value up 10% Year-On-Year 8

According to the Baotou City Statistics Bureau, Baotou’s economy achieved a strong start in Q1 2025. The city’s GDP reached 109.13 billion yuan, up 7.1% year-on-year at constant prices. By sector, the primary industry’s added value grew by 5.0%, the secondary industry by 11.7%, and the tertiary industry by 4.0%, with their contributions to GDP at 0.8:46.5:52.7, and their respective contributions to economic growth at 0.6%, 67.3%, and 32.1%. The industrial, construction, and non-profit service sectors were the main drivers…

Tungsten News
Northern Rare Earth Q1 2025 Net Profit Exceeds 400 Million Yuan 9

In Q1 2025, Northern Rare Earth reported revenue of 9.287 billion yuan, up 61.19% year-on-year; net profit attributable to shareholders was 431 million yuan, up 727.30% year-on-year; non-recurring profit-adjusted net profit was 435 million yuan, up 11,622.98% year-on-year; basic earnings per share were 0.12 yuan, up 727.30% year-on-year; net cash flow from operating activities was 410 million yuan, up 371.14% year-on-year; total assets at the end of the period were 46.235 billion yuan, up 1.88% year-on-year; and net assets attributable…

Tungsten News
Molybdenum Market Update – May 7, 2025 26

Molybdenum market update on May 7, 2025 The domestic molybdenum market in China maintains a stable-to-strong trend, primarily reflected in the continued price increase of most molybdenum products and a relatively positive sentiment among traders entering the market. In the molybdenum concentrate market, molybdenum concentrate price have broken through the 3,500 yuan/ton-degree threshold, mainly due to suppliers’ strong reluctance to sell at lower prices and downstream users maintaining rigid demand procurement. In the ferromolybdenum market, a cautious wait-and-see atmosphere prevails;…

Tungsten News
Rare Earth market Update – May 7, 2025 31

Rare earth market update on May 7, 2025 The domestic rare earth market in China maintains stable operation, with supply and demand in a relatively balanced state, leading to a somewhat stagnant negotiation atmosphere between buyers and sellers. As a result, product prices show no significant changes, and transaction volumes remain limited. Today, quoted prices for praseodymium-neodymium oxide, terbium oxide, and dysprosium oxide are approximately 413,000 yuan/ton, 6,750 yuan/kg, and 1,600,000 yuan/ton, respectively. On the supply side, despite rare earth…

Tungsten News
Tungsten Prices Soar Again! 42

Analysis of Latest Tungsten Market from Chinatungsten Online Tungsten prices continue to rise, mainly driven by the significant increase in quotations from two major tungsten companies in Jiangxi and Fujian. The supply and demand of the tungsten market is still in a stalemate, the raw material side has a strong willingness to support prices, the demand side is not active enough to purchase, the intermediate smelters and traders have increased risk aversion, and continue to wait and see the quotations…

Tungsten News
Q1 2025 Tungsten Trioxide Imports Decreased by 88% 24

In Q1 2025, China’s tungsten products imports reached 3,832.85 tons, representing a year-on-year increase of 24.26%. Among them, the import volume of tungsten powder was 15.10 tons, a year-on-year increase of 93.21%; the import volume of tungsten wire was 1,004 kilograms, a year-on-year decrease of 29.84%; the import volume of tungsten carbide was 15.52 tons, a year-on-year decrease of 54.77%; the import volume of tungsten trioxide was 5,458 kilograms, a year-on-year decrease of 88.86%; and the import volume of tungsten…

Tungsten News
Q1 2025 Ammonium Paratungstate Exports Reach 122 Tons 24

In Q1 2025, China’s tungsten product exports totaled 3,316.95 tons, down 24.06% year-on-year. Specific export figures include: Tungsten powder: 410.84 tons, up 13.02% year-on-year. Tungsten wire: 89.27 tons, up 0.47% year-on-year. Tungsten carbide: 291.58 tons, down 69.51% year-on-year. Ammonium paratungstate: 122.50 tons, up 10.66% year-on-year. Tungsten trioxide: 330.48 tons, down 48.74% year-on-year.

Tungsten News
Q1 2025 Molybdenum Iron Exports Rise 7% 20

In Q1 2025, China’s molybdenum product exports totaled 9,535.28 tons, up 0.94% year-on-year. Specific export figures include: Molybdenum iron: 1,648.75 tons, up 7.40% year-on-year. Molybdenum powder: 6.61 tons, down 89.01% year-on-year. Molybdenum wire: 67.04 tons, down 3.32% year-on-year. Ammonium molybdate: 78.49 tons, down 47.16% year-on-year. Other molybdenum products: 46.87 tons, down 20.99% year-on-year.

Tungsten News
Q1 2025 Ammonium Molybdate Imports Reach 543 Tons 16

In Q1 2025, China’s molybdenum product imports totaled 21,329.20 tons, up 33.20% year-on-year. Specific import figures include: Molybdenum iron: 2,071.26 tons, up 1.42% year-on-year. Molybdenum powder: 987.00 kg, down 16.50% year-on-year. Molybdenum wire: 3.89 tons, down 13.06% year-on-year. Ammonium molybdate: 543.51 tons, up 251.82% year-on-year. Other molybdenum products: 5.86 tons, down 0.80% year-on-year.

Tungsten News
April Tungsten Market Trends Upward 18

In April 2025, China’s tungsten market exhibited an overall upward trend. Average prices were as follows: 65% black tungsten concentrate: 145,600 yuan/ton, up 3.34% month-on-month. Ammonium paratungstate: 215,000 yuan/ton, up 3.12% month-on-month. Tungsten powder: 320.41 yuan/kg, up 2.32% month-on-month. Tungsten carbide powder: 315.41 yuan/kg, up 2.36% month-on-month. 70% tungsten iron: 220,300 yuan/ton, up 1.94% month-on-month. Tungsten bar: 370.00 yuan/kg, down 0.19% month-on-month.

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