Recently, the Ministry of Natural Resources released a statement indicating that in the first half of 2025, China achieved significant breakthroughs in mineral exploration for key mineral types, discovering 38 new mineral deposits, an increase of 31% year-on-year, including 25 large- and medium-sized deposits. Exploration investments in non-oil-and-gas minerals such as tungsten and molybdenum continued to grow.

Analysis of Latest Tungsten Market from Chinatungsten Online 

The price of tungsten market continues to rise, mainly due to the current situation of supply contraction, the expected growth of demand and the impact of policy-based strategic regulation. 

Molybdenum market update on July 24, 2025

The domestic molybdenum market is maintaining a high-level sideways trend, with product prices showing no significant changes and actual transaction volumes remaining decent, as traders generally adhere to rigid trading practices.

Molybdenum market update on July 23, 2025

The domestic molybdenum market shows a trend of stabilizing after a decline, with a mix of bullish and bearish factors leading to differing pricing sentiments among upstream and downstream enterprises in the supply chain: molybdenum mining companies exhibit strong reluctance to sell and an optimistic outlook, intermediate smelting enterprises are ambivalent about raising or lowering prices, while molybdenum chemical enterprises maintain relatively stable quotations.