Rare earth market quotation in China: terbium oxide, neodymium oxide and praseodymium neodymium metal prices are in the upward trend in the week began on Monday November 23, 2020 due to increased trading activity. 

Tanzania is in the final stages of approving a right for the country’s first rare earths mine to Australian company Peak Resources Ltd - a mineral exploration company, which is focused on gold, base metal, and uranium prospects within Western Australia, as the government seeks a bigger share of the revenue from natural resources.

Molybdenum market quotation in China: the molybdenum oxide, ferro molybdenum and molybdenum powder prices continue to remain stable early in this week under many uncertain factors at home and abroad. 

Luoyang’s unmanned molybdenum mine project was awarded second prize lately. The 3rd “Blooming Cup” 5G Application Pitch Competition was held recently. The "Luoyang Luanchuan Molybdenum Group Co., Ltd. Intelligent Unmanned Mine" project selected by China Molybdenum Group won the prize.