Shares of China Tungsten and Hightech Mtrls Co Ltd (SHE:000657) last traded at 12.91, representing a move of 0.23%, or 0.03 per share, on volume of 572,900 shares. After opening the trading day at 12.98, shares of China Tungsten and Hightech Mtrls Co Ltd traded in a close range. China Tungsten and Hightech Mtrls Co Ltd currently has a total float of shares and on average sees shares exchange hands each day. The stock now has a 52-week low of 10.93 and high of 17.34.

Analysis of latest tungsten market in China from Chinatungsten Online: Affected by the environmental protection policy, raw materials are in short supply and production costs are rising, and then tungsten manufacturers wait the time for rising product prices. But with the limitation of purchasing capacity in the downstream market, the market has very little enthusiasm in buying and selling goods.

Tungsten Mining has signed a nonbinding memorandum of understanding (MoU) with China’s Xiamen Tungsten Company (XTC) over the Mt Mulgine project, in Western Australia.

Rare earth market quotation: Chinese rare earth price is in downward trend. Europium oxide price edges up while the price of praseodymium oxide, neodymium oxide and cerium oxide declines slightly.