Inner Mongolia Will Add 1.14 Million Tons of Molybdenum Resources from 2021 to 2024

Image of Mine

Recently, the Inner Mongolia Daily reported that during the "14th Five-Year Plan" period, the Inner Mongolia Autonomous Region invested a total of 2.61 billion yuan in geological exploration, identifying vast mineral resources rich in iron, niobium, and rare earths in the Baiyun Ebo South mining belt. From 2021 to 2024, Inner Mongolia leveraged 2.655 billion yuan in social funds for geological exploration, achieving significant growth in strategic mineral resource reserves. For instance, molybdenum resources increased by 1.1427 million tons, iron ore by 718 million tons, and gold by 364 tons. Currently, the region has identified reserves for 149 types of minerals, with coal, lead, zinc, silver, and rare earths leading the nation in proven resource quantities.

Read more: Inner Mongolia Will Add 1.14 Million Tons of Molybdenum Resources from 2021 to 2024

2025 China 500: Tungsten Enterprises

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On July 22, 2025, Fortune magazine released the 2025 China 500 ranking, featuring several molybdenum, rare earth, and tungsten  enterprises, including Xiamen Tungsten Co., Ltd. (ranked 395th with 2024 revenue of 4,891.7 million USD), Luoyang Molybdenum Industry Co., Ltd. (ranked 138th with 2024 revenue of 29,607.1 million USD), and China Northern Rare Earth (Group) High-Tech Co., Ltd. (ranked 415th with 2024 revenue of 4,581.7 million USD).

Read more: 2025 China 500: Tungsten Enterprises

Tungsten Prices Soar 35%, Cemented Carbide Companies Cry Foul

Tungsten Price Trend from January to July 28, 2025

Analysis of Latest Tungsten Market from Chinatungsten Online 

On Monday, the frenzy of tungsten prices continued to unfold, with raw material prices reaching unattainable heights, leaving downstream cemented carbide companies in distress. 

Read more: Tungsten Prices Soar 35%, Cemented Carbide Companies Cry Foul

Molybdenum Market - July 28, 2025

Molybdenum copper sheet picture

Molybdenum market update on July 28, 2025

At the beginning of the week, the domestic molybdenum market maintained a high-level sideways trend, with moderate trading activity and product prices fluctuating within a reasonable range.

Read more: Molybdenum Market - July 28, 2025

Surging 30%, Tungsten Ore Price Reaches RMB 190,000!

Tungsten Price Trend from January to July 25, 2025

Analysis of Latest Tungsten Market from Chinatungsten Online 

Tungsten prices rose strongly this week. 

Read more: Surging 30%, Tungsten Ore Price Reaches RMB 190,000!

 

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