China rare earth price was in the downward trend in the week ended on Friday, June 24, 2022. Although supported by the difficulty in increasing the supply of rare earth raw materials and production costs, there are still many suppliers willing to maintain firm quotations, but it is still difficult to offset the damage caused by the long-term weak demand of downstream users.

Midland Exploration Inc. announced the commencement of a significant exploration program in the James Bay area to define the source of rocks with gold-silver (Au-Ag) and gold-silver-copper-molybdenum deposit (Au-Ag-Cu-Mo deposit) discovered in the Chisaayuu Block of the Mythril Regional project during the summer of 2021.

China molybdenum price was stable in the week ended on Friday June 24, 2022 with the gradual weakening of favorable factors and new increased orders. 

Essex Minerals Inc. said Meryllion Resources will exercise its option on the Mt Turner copper-molybdenum-gold project in Australia, which entitles Meryllion to a 70 percent interest in the project through a further $3.8 million in exploration funding in three phases. interest in the project.