China’s Domestic Tungsten Price Remained Weak Adjustment in the Middle of May

ammonium paratungstate photo

Analysis of latest tungsten market from Chinatungsten Online

China’s domestic tungsten price remained weak adjustment on the whole in the week ended on Friday, May 20, 2022 as market demand continued to fail market expectation. 

Read more: China’s Domestic Tungsten Price Remained Weak Adjustment in the Middle of May

Terbium Oxide Price - May 23, 2022

europium oxide photo

Rare earth market quotation in China: terbium oxide, praseodymium neodymium oxide and praseodymium neodymium metal prices declined slightly at the beginning of the week. Under the mutual influence of negative and positive factors, the atmosphere of negotiation between buyers and sellers was slightly stalemate, so the transaction was less than expected and the price of products was weak.

Read more: Terbium Oxide Price - May 23, 2022

Tungsten X-Ray Breakthroughs Advances Nuclear Fusion

A schematic drawing with the relevant dimensions of the sample image

JET is the world's largest fusion energy machine. Based on the same process that powers our sun and the stars, nuclear fusion has long been considered the ultimate energy source. A new paper reveals how tungsten parts can now be successfully scanned with tungsten X-rays to help detect defects and accurately determine their lifetimes in order to advance fusion.

Read more: Tungsten X-Ray Breakthroughs Advances Nuclear Fusion

China Molybdenum Price - May 23, 2022

molybdenum block photo

At the beginning of the week, China molybdenum price continued to be weak as last week. Affected by the weak downstream demand and its high price pressure sentiment, many molybdenum mining companies had little confidence in firm quotations. 

Read more: China Molybdenum Price - May 23, 2022

Pagero Group to Finance Its Proposed Acquisition of Tungsten Corporation Plc

Tungsten is a unique metal image

Pagero Group AB has entered into an arrangement whereby Pagero has issued a note facility in the principal amount of SEK 750 million (the "Notes Financing"), replacing the previous bank financing arrangement. The net proceeds from the initial notes will be used for the planned acquisition of Tungsten Corporation Plc.

Read more: Pagero Group to Finance Its Proposed Acquisition of Tungsten Corporation Plc

 

WeChat