Analysis of latest tungsten market from Chinatungsten Online

China’s tungsten powder and tungsten carbide powder prices continue to maintain stability on August 25, 2021 as the market is still in a stalemate. 

China’s domestic molybdenum market generally maintains stable on August 26, 2021. Under the situation of high molybdenum raw material prices and low spot positions, buyers and sellers are in a stalemate.

China’s domestic rare earth market is in a dilemma as a whole on August 26, 2021. Under the influence of the second round of the fourth batch of central ecological and environmental protection inspections, natural disasters such as mountain torrents and typhoons, and power rationing in many places, the difficulty of mining by domestic rare earth mining companies increases and thus output decreases. 

BCM Resources (the “company” or BCM) is pleased to announce that core drilling is continuing in mineralized quartz monzonite porphyry (QMP) intrusive rocks at its Thompson Knolls (TK) porphyry Porphyry Cu-Mo-Au system discovery. In the spring of 2018, BCM discovered this by drillhole TK18-1 in Millard County, Utah, the US.