Molybdenum market quotation in China: sodium molybdate, ammonium molybdate and ammonium heptamolvbdate prices are unchanged from the previous trading day on July 7, 2021. 

In the 14th Five-Year Plan for Renewable Energy Development, Zhejiang Province states that the installed capacity of renewable energy will exceed 50 million KW. and reach more than 36% by the end of 2025. Among them, the capacity of wind power will reach more than 6.4 million KW, and the newly installed capacity will be more than 4.5 million KW.

A new Canadian Congress report recommends that as the Chinese Communist regime strengthens its control over the supply of rare earths and other critical materials, the Canadian government should take action to protect the country’s critical mineral industries.

Analysis of latest tungsten market from Chinatungsten Online

China’s domestic tungsten price keeps firm in the week began on Monday, July 05, 2021 boosted by high production cost and strong rised mentality of manufacturers. As the demand seems not improved significantly and new bid prices for early this month are not released, participants take a watchful stance.