China Tungsten Price Remained Stable with Rare Deals Concluded in Early April 2023

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Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price remained stable mainly due to the continued weak market with rare deals concluded. It will still take time for the market economy and consumption to fully recover from partial recovery. 

Read more: China Tungsten Price Remained Stable with Rare Deals Concluded in Early April 2023

China’s Ganzhou Tungsten Association Declined Average Tungsten Forecast Prices for April 2023

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Analysis of latest tungsten market from Chinatungsten Online

China tungsten price remained weak adjustment in the week ended on Friday April 7, 2023 affected by the decline in new guide prices from listed tungsten companies as well as tungsten association. 

Read more: China’s Ganzhou Tungsten Association Declined Average Tungsten Forecast Prices for April 2023

Sodium Molybdate Price - April 10, 2023

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At the beginning of the week, China’s sodium molybdate, ammonium molybdate and ammonium heptamolvbdate prices are unchanged from last week because the market remains stable temporarily. 

Read more: Sodium Molybdate Price - April 10, 2023

Gadolinium Oxide Price - April 10, 2023

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Rare earth market quotation in China: neodymium oxide, gadolinium oxide and dysprosium oxide prices moved down on April 10, 2023, mainly due to weak demand from downstream users and limited positive support. 

Read more: Gadolinium Oxide Price - April 10, 2023

Highest-Grade Rare Earth Deposit to Date Identified in US

highest-grade rare earth deposit image

US Critical Materials Corp. has revealed that they have discovered the highest-grade rare earth deposit ever found in the United States. Analytical results from Activation Labs, a highly respected independent analytical laboratory based in Ancaster, Canada, confirm that the deposit has the highest rare earth oxide (TREO) content in the United States. This discovery could be critical to advancing the domestic rare earth supply chain, which is essential in the green transition.

Read more: Highest-Grade Rare Earth Deposit to Date Identified in US

 

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