On April 11, the special wafer production machine of the National Memory Base in Wuhan "China Optical Valley" was formally installed. This marks that the National Memory Base has entered the stage of mass production preparation from the stage of plant construction. The first 32-storey three-dimensional NAND flash memory chips with full independent intellectual property rights in China will be mass produced in the year, thus filling the gap in the mainstream memory field in China.

Rare earth market quotation in China: rare earth prices in the Chinese market continue to show different trends in April. For light rare earth products, market prices start to show signs of rebound with the support of environmental protection inspection and high production cost. Sellers are reluctant to sell their products at low prices. For heavy rare earth products, the limited import of Myanmar mines and good expectation for the market boost their prices. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices remained stable on Tuesday April 30. With the approaching of May Day holiday, the deadlocked situation of supply and demand is continuing and trading atmosphere is quiet as buyers and sellers have different psychological prices for products. Downstream factories are cautious to purchase and mainly seeking for low-price resources. Under the firm tungsten ore prices, low-price goods are hardly got. 

China molybdenum prices remained stable before the holiday of May Day on good sentiment of traders. In the molybdenum concentrate market, sellers still have strong rised mentality due to tight supply, but considering the pressure of weak demand, tungsten concentrate price continues to stabilize, and traders are waiting for new offers from large mines.