Molybdenum market quotation in China: ammonium molybdate, ammonium heptamolvbdate and molybdenum powder prices remained unchanged in the first trading day in June 2022. 

Group 6 Metals and the University of Tasmania will collaborate on research and development activities related to the production of critical minerals, including tungsten (W). The project is expected to benefit its W assets on King Island in the state.

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price continues to remain stable as the whole market is still in a stalemate. With the effective control in COVID-19 as well as the release in personnel restrictions and logistics control in China, insiders believes that manufacturing industries such as automobiles and equipment are expected to be recovered in June, which is good for the release of demand. 

In early May 2022, Chief Thomas Tilden of the Curyung Tribal Council, a representative of the Confederated Tribes of Bristol Bay, spoke at a press conference in Washington, D.C., about the Pebble deposit, a vast deposit of minerals such as copper, gold, and molybdenum, located in headwaters of the Bay.