In 1945, scientists built the ENIAC, the world's first programmable general-purpose digital computer (SN: 2/23/46, p. 118). Nicknamed the "Giant Brain," ENIAC weighed more than four elephants and covered an area about two-thirds the size of a tennis court. Less than 80 years later, the ubiquitous smartphone, which has far more computing power than the ENIAC. society owes this miniaturization of electronics in large part to the special magnetic power of rare earths. A small rare-earth magnet can do the same job as large magnets that do not contain rare earths.

Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium metatungstate (APT) and tungsten powder prices keep stable on May 25, 2023 when the overall confidence in the raw material market has increased after the announcement of long-term contract prices by large companies. 

Coal mining can pollute nearby waterways, producing acidic water that is rich in heavy metals. Researchers are seeking to use this coal waste to obtain rare earth elements.

China rare earth price showed a steady upward trend in the week ended on Friday, May 26, 2023 mainly due to the recent increase in downstream inquiries, the slowdown of production by some rare earth manufacturers, the general increase in the profit awareness of holders, and the rapid development of rare earth downstream industries such as the wind power industry and the good market outlook.