Molybdenum market quotation in China: the latest prices of ammonium molybdat, ammonium heptamolvbdate and molybdenum bar declined slightly although the market released good signs for traders. 

The Tōryū-class diesel-electric attack submarine (SSK) for the Japan Maritime Self-Defense Force (JMSDF) equipped with lithium-ion batteries entered the water in a ceremony held at Kawasaki Heavy Industries (KHI)'s facilities in Kobe on the morning of November 6. It is the second lithium battery attack sub in Japan and as the Japanese next-generation sub verification boat numbered as SS-512.

Analysis of latest tungsten market from Chinatungsten Online

Chinese tungsten prices remained weak adjustment in the week ended on Friday November 15, 2019. The supply of raw materials increased while downstream demand remained lukewarm. In addition, traders faced pressure of sales in wake of capital shortage in the fourth quarter. But raw material prices got support from environmental protection policy and high cost. 

Transition Metals Corp (Transition) acquired a tungsten project in Ontario, Canada. The company is a Sudbury, Ontario-based company and pleased to reveal that it has purchased a 100% interest in the Fostung Property located at Sudbury, Ontario, the property hosts a historic tungsten trioxide (WO3) skarn resource that was stated in 2007 to contain an inferred mineral resource of 12.4 million tonnes grading 0.213 by weight of WO3 minerals, according to a press release.