Rare earth market quotation in China: domestic rare earth price continued its stability earlier in this week, affected by the low operating rate of mines. Although manufacturers have strong rised mentality, market trading is thin without supports of the demand side. Considering the quiet news from the policy side, the market will be caught in wait-and-see atmosphere. 

China's tungsten market in 2017 demand improvement and price rise is a welcome change, so far, in the price trend and price bottom line, the Chinese market is still optimistic about this view. (source: London Metal Bulletin)

The latest prices of sodium molybdate and ammonium heptamolvbdate rose slightly earlier in this week while molybdenum bar price edged lower in Chinese market. The production in mines increases, but the demand remains weak. The deadlocked supply and demand make businesses more cautious on trading. Moreover, steel tenders for ferromolybdenum becomes quiet. Market participants tend to wait and see.

At the 51st International Consumer Electronics Exhibition (CES) held in Las Vegas on January 9, 2018, Hyundai Motor Group unveiled a new generation of hydrogen fuel cell vehicle NEXO based on customizable platform, which is scheduled to go on sale in early 2018. This is the first of two fuel cell electric vehicles launched by Hyundai Automobile Group in 2020, which attracted wide attention of the media and audience. The car has a range of 595 kilometers, can be filled in five minutes, and will be equipped with mobile charging station to provide mobile charging service at any time.