E-invoicing company Tungsten Corp PLC said Monday that its Network Finance division saw a record number of invoice outstandings in the last two months of 2017.

Analysis of latest tungsten market in China from Chinatungsten Online: Domestic tungsten market is running steadily with good market mentality, and mainstream tungsten price keeps firm. However, due to financial strain and continuing shutdown of smelters at the end of the year, market trading volumes are thin. On the whole, tungsten market in China will stabilize in the short term.

Tungsten, which has the highest melting point of all elements, is considered the main candidate material for the first wall of the plasma vessel in fusion reactors. This is because of its reliable resistance to the harsh operating conditions in the long duty-cycles in these reactors caused by transient heat loading, thermal fatigue, neutron irradiation and erosion.

Rare earth market quotation: Chinese rare earth remained stable last week amid the price of europium oxide, praseodymium oxide and dysprosium oxide is unchanged from the previous trading day. The expectation of industry consolidation boosts market confidence, coupled with the previous high price squeezes profits of manufacturers, the rare earth price now is expected to rebound. Considering the weak demand, and no latest policy coming from the government, the space for price rise will be limited.