China rare earth market is still tepid on July 6, 2022, which is mainly reflected in the low sentiment of traders entering the market, the weak price rise of mainstream products, the sparse actual trading volume, and the low probability of a significant improvement in the market conditions in the short term.

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price remains stable as the relationship between supply and demand continues to be in a stalemate. Most raw material sellers keep taking watchful stance while downstream buyers are worried about the consumption off-season and the uncertainty of the external environment. 

Molybdenum market quotation in China: sodium molybdate, ammonium molybdate and ammonium heptamolvbdate prices remain weak adjustment on July 6, 2022 with participants keeping cautious sentiment in trading.

The Vienna University of Technology (TU Wien) has developed a new method for concerting carbon dioxide (CO₂) into liquid methanol (CH₃OH) with the help of a special sulfur-molybdenum catalyst material. This new technology has now been patented and expanded to industrial scale.