China molybdenum price was in a dilemma in the first trading week after the holiday of May Day as traders remained low enthusiasm under both weak demand and supply.

American Resources Corporation announced its membership in the global Rare Earth Industry Association (REIA), an international nonprofit organization representing the global rare earth elements (REE) industry. The company says REIA provides a platform for stakeholders to network, conduct research, and develop strategies and supply chain standards.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price remained stable in the first trading day after the holiday of May Day as the whole market kept quiet without news updated. 

Recent exploration results from American Rare Earths (ARE) indicate that the reserves in Arizona and Wyoming may be the two largest rare earths mines in the United States, making ARE's holdings the largest in North America. According to SEC filings, the current U.S. leader in rare earth production is MP Materials, which owns the only operating rare earth mine in Mountain Pass, California, responsible for producing 15% of the mineral content consumed on the global market, according to SEC filings.