Tungsten News

Tungsten News
Molybdenum Market Update – March 11, 2025 60

Molybdenum market update on March 11, 2025 The domestic molybdenum market is exhibiting an overall stable yet slightly weak pattern, primarily characterized by a slight decline in the price focus of many products and low enthusiasm among traders for market participation. Today, the prices of molybdenum concentrate, molybdenum iron, and ammonium tetramolybdate have decreased by approximately 50 yuan/ton-degree, 2,000 yuan/ton, and 1,000 yuan/ton, respectively. In the molybdenum concentrate market, transaction price is hovering around 3,420 yuan/ton-degree. Influenced by declining steel…

Tungsten News
Rare Earth Market Update – March 11, 2025 68

Rare earth market update on March 11, 2025 Domestic rare earth price is fluctuating within a reasonable range, influenced by factors such as tightening spot supply of raw materials, a slight increase in inquiries from downstream users, strong support from production costs, and promising development prospects for downstream rare earth industries. As a result, many suppliers have slightly raised their quotations. Today, the prices of praseodymium-neodymium oxide, praseodymium-neodymium metal, and terbium oxide have increased by approximately 2,000 yuan/ton, 3,000 yuan/ton,…

Tungsten News
Tungsten Market: Supply-Demand Dynamics and Macroeconomic Pressures Coexist 43

Analysis of latest tungsten market from Chinatungsten Online On Monday, tungsten prices remained generally stable, with weak market trading sentiment persisting due to relatively slow demand recovery. At the macroeconomic level, the effectiveness of domestic economic and consumption-related stimulus policies remains to be observed, while the challenging trade environment under major power competition continues to negatively impact exports, consequently dampening market sentiment in the tungsten sector. The atmosphere of insufficient confidence is unlikely to reverse in the short term. The…

Tungsten News
The Newly Added Molybdenum Resources in Inner Mongolia Exceeded 50,000 Tons in 2024 73

Recently, according to a report from the Press Office of the Inner Mongolia Autonomous Region Government, in 2024, the region’s public welfare geological exploration efforts achieved significant results, playing a leading and exemplary role, while the commercial exploration market continued to heat up, with several mines realizing substantial increases in reserves. In 2024, Inner Mongolia made remarkable progress in increasing reserves of strategic mineral resources. Newly added resources included 52,400 tons of molybdenum, 591 million tons of iron ore, 80.6…

Tungsten News
The Focus of NPC and CPPCC: Changes and Prospects of Rare Earth Industry 42

Recently, according to non-ferrous metals news, rare earths, as a critical component of non-ferrous metals, serve as a core material for transforming traditional industries, developing strategic emerging industries, and supporting the defense technology sector. However, how can the rare earth industry deeply integrate technological innovation with industrial innovation? Under the “dual carbon” goals, with increasingly stringent environmental policies, how should the rare earth industry strike a balance between resource development and ecological protection? Ao Hong, Vice President of the China…

Tungsten News
Northern Rare Earth and Huahong Technology’s Subsidiary Signed a 2025 Praseodymium-Neodymium Oxide Purchase Agreement 38

Recently, Huahong Technology announced that its wholly-owned subsidiary, Xintai Technology, along with its subsidiaries Wanhong High-Tech and Jishui Jincheng, signed the 2025 Annual Cooperation Agreement for Praseodymium-Neodymium Product Procurement with Northern Rare Earth. This collaboration aims to secure a stable and sustainable supply of rare earth oxide products for Xintai Technology and its subsidiaries over the next 11 months, ensuring the operational stability and sustainability of Xintai Technology and its subsidiaries. It further highlights their industry position and comprehensive strength…

Tungsten News
New Standard for Tungsten Concentrate: Determination of Fluorine and Mercury Content 41

Recently, two national standards, led by the Provincial Tungsten and Rare Earth Quality Inspection Center, were officially released on January 24, 2025: GB/T 6150.19-2025: Methods for Chemical Analysis of Tungsten Concentrates-Part 19: Determination of Fluorine Content-Ion-Selective Electrode Method and GB/T 6150.20-2025: Methods for Chemical Analysis of Tungsten Concentrates-Part 20: Determination of Mercury Content-Direct Solid Sampling Method. The release of these two new standards not only standardizes the analytical methods for detecting fluorine and mercury content in tungsten concentrates, improving the…

Tungsten News
Molybdenum Market Update – March 10, 2025 61

Molybdenum market update on March 10, 2025 At the beginning of the week, the domestic molybdenum market continued to maintain a relatively weak performance, primarily due to factors such as lackluster inquiry and procurement activity from downstream users, low steel tender prices, and a fluctuating decline in international molybdenum prices. However, supported by strong production cost pressures and the gradual initiation of molybdenum iron tenders by steel companies, suppliers have limited room to offer discounts. Today, the prices of molybdenum…

Tungsten News
Rare Earth Market Update – March 10, 2025 59

Rare earth market update on March 10, 2025 At the beginning of the week, domestic rare earth price fluctuated within a narrow range. Specifically, the prices of praseodymium-neodymium oxide, gadolinium oxide, and dysprosium oxide stabilized at approximately 442,000 yuan/ton, 165,000 yuan/ton, and 1,720,000 yuan/ton, respectively. On the positive side, several factors supported the market: first, the spot supply from rare earth mining companies remained tight; second, imports of rare earth minerals from Myanmar continued to be relatively limited; and third,…

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