COVID-19 in Shanghai Has a Significant Negative Impact on Tungsten Industry

tungsten acid photo

Analysis of latest tungsten market from Chinatungsten Online

China’s domestic tungsten price remains stable at the beginning of the week as COVID-19 continues to impact the operation of the whole tungsten industry. As of April 18, there are 181 medium and high risk epidemic areas in China. 

Read more: COVID-19 in Shanghai Has a Significant Negative Impact on Tungsten Industry

Indonesia Maps Rare Earth Element Reserves for Industry Goals

Indonesia maps rare earth reserves image

Indonesia’s government has developed a rare earth element reserve plan as part of a plan to develop the rare earth downstream industry. "The ministry has identified eight sites containing rare earth reserves and plans to explore more areas by 2024," said Ridwan Djamaluddin, mining director-general of the Ministry of Energy and Mineral Resources Ministry.

Read more: Indonesia Maps Rare Earth Element Reserves for Industry Goals

Chevron Mining’s Ramping Up Remediation of Questa Molybdenum Mine

Questa molybdenum mine image

Restoration activities at Chevron Mining, Inc.'s Questa molybdenum mine have been ramping up in recent months. The reclamation of the mine and tailings site could take decades more, and 'Chevron will own the mine forever,' said one company executive.

Read more: Chevron Mining’s Ramping Up Remediation of Questa Molybdenum Mine

China's Rare Earth Exports Rose 6.5% in Q1, 2022

China rare earth exports rose 6.5 percent in Q1 image

China's rare earth exports rose 6.5% year-on-year to 12,680 tons in Q1, 2022, slowing from 10.9% growth in the first two months of the year, customs data showed.

Read more: China's Rare Earth Exports Rose 6.5% in Q1, 2022

Amerigo Resources Reports Q1, 2022 Production Results, with 0.2 M lbs of Mo Production

copper mine of Amerigo Resources image

Amerigo Resources Ltd. announced production results from Minera Valle Central (MVC) for the quarter ended March 31, 2022 (Q1 2022), with 0.2M pounds of Mo production from the company's 100% owned project located near Rancagua, Chile.

Read more: Amerigo Resources Reports Q1, 2022 Production Results, with 0.2 M lbs of Mo Production

 

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