Analysis of latest tungsten market from Chinatungsten Online

China’s domestic tungsten price mixes on March 8, 2022 – tungsten concentrate and ammonium paratungstate (APT) prices tend to decline as shipments of some traders increase due to slight oversupply; the back-end powder and its downstream alloy markets are still faced with the risks of cost pressure, deadlocked supply and demand, and macro uncertainty. 

Happy Creek Minerals Ltd. has reported the delineation of several multi-kilometer copper-moly targets during its 2021 exploration campaign at its Highland Valley project. In addition, the TSX-V has approved the purchase and sale agreement announced by the company on February 24, 2022, for the adjacent, highly prospective 438 hectares of Mystery property.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price continues to remain weak at the beginning of the week as participants mainly take a watchful stance to avoid risks due to the uncertainties under conflict between Russia and Ukraine. In addition, the new guide prices for early March also declined slightly. 

American Resources Corporation, a socially responsible supplier of rare earths and critical elements, carbon and advanced carbon materials for new infrastructure and electrification markets, announced that its subsidiary American Rare Earth LLC (ARE) has partnered with a leading applied research institute and collaborative organization, the Indiana Innovation Institute (IN3), to further ensure the company’s commercial production of critical elements and rare earth elements such as lithium, cobalt, nickel, neodymium, praseodymium and dysprosium at its production facilities.