Recently, the official website of the Guangxi Zhuang Autonomous Region Department of Natural Resources reported that during the "14th Five-Year Plan" period, the Guangxi Autonomous Region Department of Natural Resources has thoroughly implemented the national energy and resource security strategy. Taking mineral exploration system construction as the foundation, institutional reform as the driving force, and innovative cooperation as the engine, Guangxi has achieved remarkable progress in the new round of strategic mineral exploration breakthroughs. As of the end of June 2025, Guangxi has completed all 10 strategic mineral exploration tasks assigned by the state ahead of schedule. This includes significant increases in the resource volumes of minerals such as rare earths, aluminum, manganese, tin, antimony, and indium, further solidifying Guangxi’s position in strategic minerals nationwide.

Molybdenum market update on August 1, 2025

This week, the domestic molybdenum market exhibited an initial rise followed by stabilization. At the beginning of the week, influenced by tight raw material spot supply, significant price increases by major molybdenum mining companies, and strong speculative sentiment among traders, the price of molybdenum concentrate rose notably.

According to recent news on the official website of the Hubei Provincial Department of Natural Resources, in June 2025, the average price of 65% white tungsten concentrate in Hubei was 171,288 yuan per ton, increased by approximately 7.01% month-on-month and 16.81% year-on-year; the average price of 60% white tungsten concentrate was 170,788 yuan per ton, increased by approximately 7.03% month-on-month and 17.02% year-on-year; the average price of APT (ammonium paratungstate) was 251,300 yuan per ton, increased by approximately 6.03% month-on-month and 14.02% year-on-year; and the average price of tungsten carbide powder was 368,350 yuan per ton, increased by approximately 6.83% month-on-month and 12.89% year-on-year.

Analysis of Latest Tungsten Market from Chinatungsten Online 

At the beginning of August, the tungsten market was characterized by a wait-and-see atmosphere. After tungsten prices surged over 35% across the board and downstream alloy industry associations and companies advocated for "small fluctuations and rational price increases", the market gradually stabilized.