China Tungsten Price Was in the Downward Trend at the End of September 2022

tungsten cathode photo

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price was in the downward trend in the week ended on Friday, September 23, 2022 with the impact of weak demand, repeated COVID-19 in domestic market, geostrategic conflict, economy recession and other factors. In addition, China’s state-owned tungsten companies also lowered down their long-term contract prices for the second half of this month. 

Read more: China Tungsten Price Was in the Downward Trend at the End of September 2022

Terbium Oxide Price - Sep. 26, 2022

rare earth permanent magnet materials photo

Rare earth market quotation in China: terbium oxide price increases slightly while neodymium oxide and cerium oxide prices remain unchanged on September 26, 2022. 

Read more: Terbium Oxide Price - Sep. 26, 2022

Rare Earth Supplier Turns to Greenland in a Bid to Cut Reliance on Russia

Greenland has a lot of the minerals necessary for electric cars image

Rare Earth Supplier, Neo Performance Materials of Canada announced a deal to begin mining rare earth metals in Greenland. One of the world's last rare earth processors outside of China is buying mining rights in Greenland to reduce dependence on Russia’s ore and stabilize prices, the latest move by Western companies to diversify their supply chains in the wake of the Russia-Ukraine conflict.

Read more: Rare Earth Supplier Turns to Greenland in a Bid to Cut Reliance on Russia

Molybdenum Powder Price - Sep. 26, 2022

molybdenum boat photo

Molybdenum market quotation in China: ferro molybdenum, molybdenum powder and oxide prices continue to be strong at the beginning of the week due to tight raw material supply. 

Read more: Molybdenum Powder Price - Sep. 26, 2022

Canada's Saskatchewan Invests in Rare Earth Processing Facilities

Saskatchewan new Rare Earth Processing Facility image

Saskatchewan, Canada receives a total of $7.5 million in funding to support Canada's first-ever rare metals processing facility in Saskatchewan. In Saskatchewan, mining and mineral exploration play an integral role in shaping the economy. Whether it's potash for agriculture, uranium for clean fuels, helium for medical and industrial applications, or a myriad of other applications.

Read more: Canada's Saskatchewan Invests in Rare Earth Processing Facilities

 

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