At the beginning of the week, China’s domestic molybdenum market continued to remain strong Affected by factors such as the low spot inventory of molybdenum concentrate, the acceptable price of steel tenders and the generally strong awareness of profit-taking among suppliers, the trading activity in the market was relatively high. 

Analysis of latest tungsten market from Chinatungsten Online

Ferro tungsten and tungsten carbide powder prices in the Chinese market maintain stability but show signs of rise affected by the tension between Russia and Ukraine. However, spot transactions were still suppressed by the deadlocked supply and demand. 

In a new study published in Science Advances, Rice University researchers have developed a method to extract rare earth elements (REEs) from fly ash using flash of heat. Coal fly ash may be a particularly valuable source of REEs. James Tour, an organic chemist at Rice University and author of the study, said, "Between the extracting chemicals and the toxic waste, REE mining turns out to be an environmental disaster."

Rare earth market quotation in China: terbium oxide, dysprosium oxide and praseodymium neodymium oxide prices showed a trend of decline in the week ended on Friday, March 18, 2022.