Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China’s domestic tungsten price remains stable as the market is caught in heavy wait-and-see atmosphere. Buyers are not active in taking goods while sellers keep strong offers. Most participants wait for the new guide prices from the market.

Canada aims to be an entry point for the production North American hub of rare earths production. Recently, the monazite deposits discovered in Alces Lake by Appia Energy Corp. are significant for magnet rare earths. As Appia's monazite is rich in neodymium variants and is most desirable for the production of rare earth permanent magnets. Appia's monazite is not only rich in neodymium (Nd) and praseodymium (Pr), but also contains 1% xenotime, which is the best heavy rare earth bearing hard rock mineral.

With the global shortage of chips and the rising value of rare earths, the recycling of used cars is more important than ever. And it’s just one of the projects in the Automotive Engineering Graduate Program (AEGP) of Swinburne University of Technology in Australia.

Ionic Rare Earths (IonicRE) added 2,100 meters of infill drilling in its Phase 4 drilling plan to increase the rare earth project Makuutu's measurement and indicator resource base to more than 250 million tons and to increase the confidence of Area I resources in the indicator category.