China molybdenum market is relatively calm on February 8, 2022 after the holiday of Chinese Lunar New Year because many upstream and downstream enterprises in the industrial chain have not yet fully resumed normal operation.

Strategic Minerals plc has started production of tin and tungsten from the Penouta mine at its Redmoor project, 25 kilometers from Plymouth, UK. Meanwhile, the crushing plant is in the final stages of commissioning.

Tungsten is an irreplaceable and non-renewable strategic metal resource in the field of national economy and modern national defense. It is the metal element with the highest melting point. Because of its excellent characteristics such as high melting point, high specific gravity, high hardness, strength and toughness and corrosion resistance, it is widely used in aerospace, shipbuilding industry, automobile manufacturing, electrical engineering, electronic information, chemical and petroleum, mining, iron and steel metallurgy, CNC machine tools, national defense and military and other important fields.

Australian tungsten producer EQ Resources has been awarded a $600,000 grant from the Advanced Manufacturing Growth Centre to support high-tech sorting and recovery of the key mineral tungsten, an essential ingredient in cutting tools, welding electrodes, abrasives, and many other industrial applications.