At the beginning of the week, China’s ferro molybdenum, molybdenum powder and sodium molybdate prices are unchanged from last week. Under the influence of many uncertain factors, the mentality of buyers and sellers is slightly different, that is, suppliers have strong profit-taking psychology, and buyers have general demand. 

Neo Performance Materials Inc. recently announced that its high-purity heavy rare-earth separation plant in Jiangyin, China (JAMR) has reopened to full operations after a 12-day government-issued citywide lockdown. None of Neo's employees tested positive for the Covid virus.

A geological study of the Elk Creek project released by Colorado-based NioCorp estimates that the second largest rare earth mine in the US is located in Southeast Nebraska.

Kin Mining NL recently announced final results from reverse circulation (RC) drilling at its Cardinia Hill property, which showed an extension of mineralization to include silver, copper, antimony, molybdenum, selenium, and tellurium. The property is part of Kin's wholly-owned Cardinia Gold Project (CGP), located near Leonora, Western Australia.