Taking tungsten and rare earth’s advantages, the new energy automobile industry chain has formed in Ganzhou city, Jiangxi province. Before years, due to the low level of technology and weak market prices of rare metals, short-term industrial development relies on "old" resources. The city aims to transfer economy industry and builds a New Energy Automotive Technology City.

Chinese rare earth prices are unchanged from last week on relatively quiet market. Under the further intensification of Sino-US trade frictions and stricter environmental protection inspectors, most people in the industry have great hopes for the future market trend. 

Analysis of latest tungsten market from Chinatungsten Online

China’s Ganzhou Tungsten Association (GTA) and Zhangyuan Tungsten have raised both its tungsten concentrate and ammonium paratungstate (APT) price forecasts for August. The increase in the association’s forecast prices failed to live up to market expectations.

Molybdenum market quotation in China: the molybdenum concentrate, sodium molybdate and ammonium molybdate prices climb slightly in the week began on Monday August 12 when the market remains quiet.