Latin Metals Inc. announced positive exploration results from its 100% owned Auquis copper-molybdenum project, located in the coastal copper belt, with soil sampling results identifying high-grade anomalous copper deposits over a 3km x 2km area.

At the beginning of the week, China rare earth price remains stable on the whole, except a little decline of praseodymium neodymium oxide price. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price was in the downward trend in the week ended on Friday, April 22, 2022 because the continued spread of epidemic in Shanghai, Jilin and other places affected the demand for hard alloys such as tools and molds in the automobile and other industries, which increased the profit-taking sentiment on the tungsten raw material side. 

Molybdenum market quotation in China: ferro molybdenum, molybdenum oxide and power prices are unchanged from last week at the beginning of the week. With supply and demand relatively balanced, the atmosphere of negotiation between buyers and sellers is a bit stalemate, resulting in few new orders and uncertain market outlook. At present, industry players are focusing on the volume and price of the new round of steel bidding.