According to a recent report from Peru's Ministry of Energy and Mines (MINEM), production of key metallic and non-metallic minerals increased in 2021 compared to 2020 due to the recovery of the domestic mining industry, with copper and molybdenum production increasing by more than 6% in 2021.

Analysis of latest tungsten market from Chinatungsten Online

The prices of ammonium paratungstate (APT) and tungsten powder in the Chinese market remain stable temporarily on Feb. 10, 2022 when market trading keeps quiet on the whole. 

China has long had a strong presence in the rare earth industry, but after years of heavy mining, its share of global production and reserves has declined significantly. World reliance on Chinese rare earths is gradually slowing, but China is expected to continue to increase its production, exports, and pricing of rare earths through 2022, driven by increased global demand for clean energy.

South African state-owned Nuclear Energy Corporation of South Africa (NECSA) has launched a tender to replace its aging nuclear research reactor, Safari 1, and help maintain its position as one of the world's top producers of molybdenum-99 (Mo-99) for medical diagnostic imaging.