On July 19, 2025, the Office of the National Export Control Coordination Mechanism organized a meeting in Nanning, Guangxi, involving units such as the Ministry of Commerce, Ministry of Public Security, Ministry of State Security, General Administration of Customs, National Postal Administration, Supreme People’s Court, and Supreme People’s Procuratorate to advance the special operation against the smuggling and export of strategic minerals. The meeting reviewed and reported on initial progress, comprehensively analyzed the current situation regarding anti-smuggling efforts, and made further deployments and advancements for the special operation.

Molybdenum market update on July 22, 2025

The domestic molybdenum market exhibits an overall stable but weak pattern, primarily characterized by a continued slight decline in molybdenum raw material prices, low trading sentiment among traders, and slow order growth. However, supported by strong production costs and the continuous introduction of favorable policies, suppliers have limited room for price concessions.

Analysis of Latest Tungsten Market from Chinatungsten Online 

The tungsten market has been running strongly this year, and the prices of products in the entire industry chain have generally risen, forming a cost deferral and transmission pattern from "tungsten concentrate-tungsten smelting-deep processing of tungsten products". 

On July 19, the Yarlung Zangbo River downstream hydropower project officially started.