China’s domestic rare earth market as a whole has stopped falling and started to stabilize in early September, 2021. Since mid-August, the prices of many rare earth products have shown a downward trend. However, due to the limited support of production costs and spot positions, the continuous downward adjustment of product prices has been small.

ATAC Resources Co., Ltd. reported on September 2 that its trenching and other surface explorations have confirmed compelling porphyry copper-molybdenum-gold potential at Connaught, an exploration in western Yukon. The project is known for its high-grade silver-lead-gold veins, which usually also carry copper and zinc. Yukon is the smallest and westernmost of Canada's three territories.

China’s ferro molybdenum price declines slightly while molybdenum concentrate and ammonium molybdate prices remain unchanged on September 8, 2021 as the price game between buyers and sellers is fierce. 

To acquire the large copper-molybdenum porphyry project at Montana, USA of Boulder Property held by Westmount Resources, Peloton Minerals and Westmount have reached an agreement to acquire the privately held issued and outstanding shares of Westmount through Celerity Mineral Corporation, a wholly-owned subsidiary of Peloton.