Rare earth market quotation in China: praseodymium neodymium oxide and metal prices edge higher while lanthanum oxide price is unchanged on July 27, 2022. 

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price maintains stability as market participants kept cautious sentiment. On the one hand, the cost of raw material smelting remains relatively high under the background of high inflation; on the other hand, market consumption is weak in the high-temperature weather and off season. 

Molybdenum market quotation in China: sodium molybdate, ammonium molybdate and molybdenum powder prices edge lower on July 27, 2022 due to the deadlocked market, limited deals and weak consumption. 

Canada’s tungsten operator Almonty Industries Inc. (AII) plans to produce top tungsten production outside of China, and the company is now steadily advancing production and is expected to become major tungsten producer within the next few years.