China molybdenum price is in the upward trend on February 20, 2021 after the holiday of Spring Festival. Driven by the continuous rise in international molybdenum price, domestic molybdenum chemical companies have strong rised mentality. 

The large-scale Songjiagou molybdenum deposit is located 342 degrees northwest of Luonan County, 31.5 kilometers away from Luonan County, and the deposit is in Huanglongpu Village, Shimen Town, Luonan County in Shaanxi Province. The deposit was discovered after more than 10 years of geological exploration in 2000 later.

Australia's Northern Territory (NT) Government owns rare earth and tungsten mine projects, announced on February 5 that it plans to prohibit seabed mining in the area to obtain rare earth and other minerals.

The sole tungsten miner in Uganda has filed a claim against the International Tin Association (ITA) over alleged anti-competitive behavior, a claim summary published by Britain’s Competition and Appeal Tribunal shows.