Tungsten foil is a kind of thin tungsten sheet with thinner thickness of 0.05mm to 0.3mm and more narrow width of 50mm to 400mm. With more than 99.95% purity, it owns excellent thermal, mechanical, chemical and electrical properties, and is widely used in many fields. 

Analysis of latest tungsten market from Chinatungsten Online

The overall China’s domestic tungsten price is weak mainly because the fundamentals are weak and external financial factors are bearish, which intensifies the market's anxiety.

Rare earth market quotation in China: DyFe, dysprosium oxide and praseodymium neodymium oxide prices decline slightly on September 28, 2022. Under the influence of many uncertain factors, the light and heavy rare earth market has a certain divergence, that is, the light rare earth market is uncertain, while the heavy rare earth market is relatively stable.

Molybdenum market quotation in China: sodium molybdate, ammonium heptamolvbdate and ammonium molybdate prices are unchanged from the previous trading day on September 28, 2022. 

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price continues its weakness due to limited support from domestic infrastructure and other consumptions as well as the contraction of international demand. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price was in the downward trend in the week ended on Friday, September 23, 2022 with the impact of weak demand, repeated COVID-19 in domestic market, geostrategic conflict, economy recession and other factors. In addition, China’s state-owned tungsten companies also lowered down their long-term contract prices for the second half of this month. 

Rare earth market quotation in China: terbium oxide price increases slightly while neodymium oxide and cerium oxide prices remain unchanged on September 26, 2022. 

Molybdenum market quotation in China: ferro molybdenum, molybdenum powder and oxide prices continue to be strong at the beginning of the week due to tight raw material supply. 

Rare Earth Supplier, Neo Performance Materials of Canada announced a deal to begin mining rare earth metals in Greenland. One of the world's last rare earth processors outside of China is buying mining rights in Greenland to reduce dependence on Russia’s ore and stabilize prices, the latest move by Western companies to diversify their supply chains in the wake of the Russia-Ukraine conflict.

Saskatchewan, Canada receives a total of $7.5 million in funding to support Canada's first-ever rare metals processing facility in Saskatchewan. In Saskatchewan, mining and mineral exploration play an integral role in shaping the economy. Whether it's potash for agriculture, uranium for clean fuels, helium for medical and industrial applications, or a myriad of other applications.