After setting out in search of lithium and gold, Kula Gold has conducted a second round of drilling on its Rankin Dome project in Western Australia's Southern Cross region, discovering a rare earth element cluster. The project found some impressive results across the property, with 70% of the 375 samples exceeding 115 ppm total rare earth elements, with two samples peaking at 1080 ppm.

Rare earth market quotation in China: praseodymium oxide, cerium oxide and europium oxide prices are unchanged from the previous trading day. Under the influence of many uncertain factors, the mentality of light and heavy rare earth traders is obviously different, which is mainly reflected in the slight increase in the price of mainstream light rare earth products, while the price of heavy rare earth products is weak.

Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) and tungsten powder prices in the Chinese market continue to stabilize with the effective control in domestic epidemic and the continuous recovery of demand in the manufacturing industries such as automobiles and equipment.

China molybdenum price was in the downward trend on May 25, 2022, including ferro molybdenum, sodium molybdate, ammonium heptamolvbdate and molybdenum powder. Market trading is limited and insides lack of confidence to the market outlook.