Molybdenum market quotation in China: sodium molybdate, ammonium molybdate and ammonium heptamolvbdate prices are in the upward trend in the week ended on Friday, March 18, 2022. 

Analysis of latest tungsten market from Chinatungsten Online

China’s ferro tungsten and tungsten bar prices remain stable on March 16, 2022 as the whole market is caught in wait-and-see atmosphere with rare deals concluded in the market. 

The U.S. Department of Energy announced last month that it plans to provide $140 million to build and operate a plant to separate rare earth elements (REEs) from coal wastes as a way to increase the rare earth supply. However, the REE concentrations in these wastes are low and comparable to those in soil and rock, casting doubt on whether such an operation would be economically viable.

Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) and tungsten powder prices in the Chinese market edge higher on March 15, 2022 when many market participants are preferring to taking a watchful stance.