According to data from the US think tank ‘Center for Strategic and International Studies (CSIS), China supplies 85% of the world's rare earth, and accounts for a third of the global supply of rare metals and minerals such as antimony and baryte. The United States restarted the Mountain Pass mine in California and gradually rebuilt the rare-earth production and supply chain.

Rare earth market quotation in China: europium oxide, neodymium oxide and praseodymium neodymium oxide prices decline slightly on May 17, 2021 due to low consumption of downstream and stable supply from domestic rare earth mining enterprises. 

Analysis of latest tungsten market from Chinatungsten Online

China’s ammonium paratungstate (APT) and tungsten concentrate prices maintained stability in the week ended on Friday, May 14, 2021 with the support of increased bid prices from tungsten companies for the first half of May and strong metal prices in domestic market. 

Molybdenum market quotation in China: ferro molybdenum, molybdenum powder and molybdenum concentrate prices continue the upward trend on May 17, 2021 driven by the rising prices of bulk commodities, the high enthusiasm of steel companies to enter the market for bidding, and the good atmosphere of the international molybdenum market.