GM and GE to Collaborate to Boost Supply of Rare Earth Materials

GM 62 kW induction EV motor image

General Motors (GM) and GE Renewable Energy announced on 6 October that they have signed the terms of a non-binding memorandum to evaluate opportunities to improve the supply of light and heavy rare earth materials and magnets, copper and electrical steel used in the manufacture of electric vehicles and clean energy devices.

Read more: GM and GE to Collaborate to Boost Supply of Rare Earth Materials

China’s APT Price Keeps Firm due to Tight Supply of Raw Materials

tungsten powder image

Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) and tungsten powder prices keep stable and firm on October 19, 2021 as increased energy costs support the strong raw material market despite of continued weakness in the demand side. 

Read more: China’s APT Price Keeps Firm due to Tight Supply of Raw Materials

Molybdenum Powder Price - October 20, 2021

molybdenum electrode image

Molybdenum market quotation in China: ferro molybdenum, molybdenum concentrate and molybdenum powder prices become weak on October 20, 2021. 

Read more: Molybdenum Powder Price - October 20, 2021

Praseodymium Oxide Price - October 20, 2021

rare earth fluorescent materials image

Rare earth market quotation in China: terbium oxide and praseodymium oxide prices decline slightly while praseodymium neodymium oxide and metal prices rise on October 20, 2021. 

Read more: Praseodymium Oxide Price - October 20, 2021

China’s Tungsten Concentrate Price Stabilizes at $17,777.8/ton on Tight Supply

blue tungsten oxide image

Analysis of latest tungsten market from Chinatungsten Online

China’s domestic tungsten price kept firm on October 18, 2021 as the global new energy is still severe. The whole tungsten market is in a stalemate with the cost side supporting suppliers’ offers and the demand side affecting the willingness of buyers to take the initiative to receive goods. 

Read more: China’s Tungsten Concentrate Price Stabilizes at $17,777.8/ton on Tight Supply

 

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