Tungsten News

Tungsten News
Rare Earth market Update – April 29, 2025 48

Rare earth market update on April 29, 2025 Domestic rare earth prices in China are consolidating within a reasonable range, with praseodymium oxide at approximately 433,000 yuan/ton, gadolinium oxide at 163,000 yuan/ton, and dysprosium oxide at 1,600,000 yuan/ton. Market activity remains subdued, with few new orders. On the positive side, strong production cost support and tightening supply of certain products have reduced suppliers’ willingness to offer discounts. On the negative side, the upcoming May Day holiday and tight liquidity have…

Tungsten News
Tungsten Market Remains Strong Before May Day 55

Analysis of Latest Tungsten Market from Chinatungsten Online As the May Day holiday approaches, the tungsten market shows no signs of changing direction. Suppliers maintain a firm stance, reluctant to sell, while buyers cautiously replenish stocks as needed. Prices for various tungsten products are steadily rising, supported by ore costs,but the transaction volume of high prices has decreased, and the game between the supply and demand sides of the tungsten market continues. The price of 65% black tungsten concentrate is…

Tungsten News
The Average Price of Hubei Scheelite Concentrate Rose in March 2025 49

Recently, according to the Hubei Provincial Department of Natural Resources website, in March 2025, the average price of 65% scheelite concentrate in Hubei was 139,821 yuan/ton, up approximately 11.75% year-on-year; 60% scheelite concentrate averaged 138,821 yuan/ton, up about 11.40% year-on-year; APT (ammonium paratungstate) averaged 208,060 yuan/ton, up approximately 12.26% year-on-year; and tungsten carbide powder averaged 307,429 yuan/ton, up about 12.14% year-on-year. According to CTIA GROUP LTD, in March 2025, the tungsten market experienced a tug-of-war in prices due to tight…

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China Rare Earth’s Revenue Was 700 Million Yuan in the First Quarter of 2025 42

In the first quarter of 2025, China Rare Earth reported revenue of 728 million yuan, up 141.32% year-on-year; net profit attributable to shareholders was 72.62 million yuan, up 125.15% year-on-year; non-recurring profit-adjusted net profit was 66.22 million yuan, up 122.83% year-on-year; net cash flow from operating activities was -119 million yuan, up 76.46% year-on-year; basic earnings per share were 0.068 yuan, up 125.14% year-on-year; total assets at the end of the reporting period were 5.293 billion yuan, down 3.51% year-on-year;…

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China Rare Earth’s Revenue Was 3 Billion Yuan in 2024 50

In 2024, China Rare Earth reported revenue of 3.027 billion yuan, down 24.09% year-on-year; net profit attributable to shareholders was -287 million yuan, a decline of 168.69% year-on-year; non-recurring profit-adjusted net profit was 145 million yuan, down 158.65% year-on-year; net cash flow from operating activities was 594 million yuan, down 271.65% year-on-year; basic earnings per share were -0.27 yuan, down 163.94% year-on-year; total assets at the end of the reporting period were 5.486 billion yuan, down 0.92% year-on-year; and equity…

Tungsten News
Tungsten Prices Surge Continues – April 28, 2025 108

Analysis of Latest Tungsten Market from Chinatungsten Online On Monday, tungsten prices continued their upward trend. The raw material side maintained a strong bullish sentiment, with downstream tungsten product prices passively following the rise, though overall demand feedback remained weak. The tungsten market showed a mix of optimism and caution, with a slow pace of transactions. Coupled with the complexity of the macroeconomic environment, participants largely adopted a cautious stance. The price of 65% black tungsten concentrate surpassed RMB 150,000/ton.…

Tungsten News
Molybdenum Market Update – April 28, 2025 35

Molybdenum market update on April 28, 2025 The domestic molybdenum market in China remains stable, but as positive factors weaken, negotiations between buyers and sellers are gradually heating up, leading to reduced market enthusiasm and slower order growth. On the positive side: first, some downstream users, such as Baotou High-Tech, Xinxing Ductile Iron Pipes, Guangdong Shaogang, Zhongnan Steel, and Baosteel Zhanjiang, continue to maintain rigid demand procurement, supporting suppliers’ confidence in holding prices; second, with molybdenum prices at a relatively…

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Rare Earth market Update – April 28, 2025 27

Rare earth market update on April 28, 2025 The domestic rare earth market in China continues to operate in a sideways trend, with a cautious atmosphere prevailing due to the conflicting dynamics of suppliers’ reduced willingness to lower prices and persistently weak downstream demand, resulting in slow order growth. Today, prices for praseodymium-neodymium oxide, terbium oxide, and dysprosium oxide are approximately 408,000 yuan/ton, 6,750 yuan/kg, and 1,600,000 yuan/ton, respectively. From the supply side, despite limited imports of overseas rare earth…

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Molybdenum Market Update – April 27, 2025 49

Molybdenum market update on April 27, 2025 The domestic molybdenum market has maintained a stable and relatively strong operating trend. With downstream demand still low in the desire of raw material manufacturers to lower prices and ship shipments, the prices of most products continue to rise slightly, among which the prices of molybdenum concentrate and ferromolybdenum rise by about 30 yuan and 3,000 yuan respectively. In the molybdenum concentrate market, the market performance is stable, and the product price is…

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Rare Earth market Update – April 27, 2025 42

Rare earth market update on April 27, 2025 The overall performance of the domestic rare earth market is poor. Under the interweaving of long and short factors, the price trends of mainstream light and heavy rare earth products have slightly differentiated: the center of gravity of praseodymium and neodymium continues to decline, while the price of dysprosium terbium is relatively stable. Today, the prices of neodymium praseodymium oxide and neodymium praseodymium metal have decreased by approximately 3,000 yuan per ton…

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