Kingfisher Mining Ltd (KFM) shares soared after reporting high-grade total rare earth oxides (TREO) at its wholly-owned Mick Well property. The property is located in the Gascoyne region of Western Australia and is one of a number of properties owned by KFM in the region.

Analysis of latest tungsten market from Chinatungsten Online

The tungsten carbide powder and ferro tungsten prices in the China’s domestic tungsten market are in a steady rise in the middle of January, 2022. Recently, the repeated outbreak of epidemic in many places in China and the approaching of the Chinese Spring Festival have reduced the output of tungsten and replenishment plans of factories. 

Happy Creek Minerals intersects 6.7m of 0.43% WO₃, including 1.2 m grading 1.83% WO₃ at Nightcrawler Zone, Fox Tungsten Project, British Columbia. The company reported assay results from its 2021 drilling and rock sampling program, located near the community of 100 Mile House in southern British Columbia, which is accessible by road.

Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) and concentrate prices in the Chinese tungsten market remain stable and firm. Recently, Hunan, the main production area of tungsten products in China, has faced great output pressure due to high electricity costs.