Molybdenum market update on August 25, 2025

At the beginning of the week, the overall molybdenum market in China is performing well, with most product prices continuing the upward trend from last week.

According to CTIA GROUP LTD Online, the Henan Provincial Department of Natural Resources proposes to adjust the tungsten mining utilization target set in the "Henan Provincial Mineral Resources Master Plan (2021-2025)" from an annual output of 11,750 tons to "implemented according to quotas issued by the Ministry of Natural Resources," with the indicator nature remaining "binding."

On August 18, 2025, the Jiangxi Provincial Department of Natural Resources reported that, in terms of strategic mineral exploration, during the "14th Five-Year Plan" period, the provincial fiscal budget allocated 712 million yuan, funding 230 geological exploration projects. To date, 44 new mineral deposits of strategic importance have been discovered province-wide, including 10 large-scale, 12 medium-scale, and 22 small-scale deposits. Significant breakthroughs have been achieved in finding lithium ore, ion-adsorption rare earth, and fluorite.

Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten ore prices have surpassed RMB 220,000! APT prices have reached RMB 330,000! Tungsten powder prices have surpassed RMB 500,000! Crazy Friday is here again!!!