JDC and Zijin Mining Sign Letter of Intent

Molybdenum Mine Images

On August 29, 2025, JDC (JinDuiCheng) and Zijin Mining Group Co., Ltd. signed a "Letter of Intent," reaching a preliminary agreement to jointly develop the Shapigou Molybdenum Mine in Jinzhai, Anhui Province.

Read more: JDC and Zijin Mining Sign Letter of Intent

Average Price of White Tungsten Concentrate in Hubei Increased in August 2025

Tungsten Concentrate Images

According to the official website of the Hubei Provincial Department of Natural Resources, in August 2025, the average price of 65% white tungsten concentrate in Hubei was 209,286 yuan per ton, increased by approximately 16.83% month-on-month, increased by approximately 56.46% year-on-year; the average price of 60% white tungsten concentrate was 208,619 yuan per ton, increased by approximately 16.79% month-on-month, increased by approximately 57.14% year-on-year; the average price of APT (ammonium paratungstate) was 308,738 yuan per ton, increased by approximately 17.19% month-on-month, increased by approximately 54.07% year-on-year; and the average price of tungsten carbide powder was 459,976 yuan per ton, increased by approximately 19.67% month-on-month, increased by approximately 54.80% year-on-year.

Read more: Average Price of White Tungsten Concentrate in Hubei Increased in August 2025

Molybdenum Market - October 10, 2025

Molybdenum bar images

Molybdenum market update on October 10, 2025

The domestic molybdenum market overall maintains a firm operation, with low consumer enthusiasm among downstream users and strong reluctance among suppliers to lower prices, resulting in low market trading activity, no significant changes in product prices, and limited actual transaction volumes. Currently, traders are awaiting guidance from the next round of steel bidding prices.

Read more: Molybdenum Market - October 10, 2025

Tungsten Waste and Scrap Market Picks Up - October 11, 2025

Tungsten Price Trend from January to October 11, 2025

Analysis of Latest Tungsten Market from Chinatungsten Online

Recently, tungsten industry organizations and several representative tungsten companies have released tungsten raw material price quotes. Minor adjustments in some areas do not mask overall market stability, and the tungsten market is generally stable. 

Read more: Tungsten Waste and Scrap Market Picks Up - October 11, 2025

Tungsten Concentrate Price Slightly Lowered - October 10, 2025

Tungsten Price Trend from January to October 10, 2025

Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten prices remain under overall pressure, and a new round of downward price guidance from tungsten companies has had a certain impact on industry confidence. However, MOFCOM has intensively implemented export control policies for rare earths, superhard materials, lithium batteries, and artificial graphite anode materials, enhancing the strategic value of key minerals, which has had a certain impact on the tungsten industry.

Read more: Tungsten Concentrate Price Slightly Lowered - October 10, 2025

 

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