North Dakota's lignite coal seams are rich in rare earths needed to produce touch screens for cell phones, missile guidance systems, and motors and batteries for hybrid vehicles.

China rare earth price was in the downward trend in the week ended on Friday, June 24, 2022. Although supported by the difficulty in increasing the supply of rare earth raw materials and production costs, there are still many suppliers willing to maintain firm quotations, but it is still difficult to offset the damage caused by the long-term weak demand of downstream users.

Analysis of latest tungsten market from Chinatungsten Online

China’s tungsten powder and ammonium metatungstate (APT) prices continue to be stable when participants remain cautious in trading and deals are rarely concluded. 

China molybdenum price was stable in the week ended on Friday June 24, 2022 with the gradual weakening of favorable factors and new increased orders.