Clean lithium developer Lake Resources NL with its technology partner, Lilac Solutions Inc, reported that high concentrations of Li chloride are being consistently produced from Lilac's direct lithium extraction (DLE) pilot plant module using brines from Lake's Kachi Lithium Brine Project. Results obtained are similar to prior bench top testing.

The neodymium oxide, praseodymium neodymium oxide and praseodymium neodymium metal prices in the Chinese market are in the upward trend in early August. Under the influence of many favorable and unfavorable factors, many traders still remain cautious, reasonably controlling the growth rate of inventory, but the actual trading volume is relatively considerable.

The molybdenum oxide, ferro molybdenum and ammonium molybdate prices in the Chinese market continue to maintain stability when downstream buyers seek for lower prices and remain rigid demand. In the short term, prices of molybdenum chemical product are not likely to reduce sharply for most traders are trying to avoid the risks of price inversion. 

Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) and tungsten carbide powder prices in China rise slightly in the first trading day in August but the demand remains lukewarm. 

The US Department of Defense has resumed funding for two rare earth mineral processing projects. The assessment believes that these two projects that can provide the military with rare earth products are in the best interest of the US government. According to the MiningWeekly report.

Anhui University of Technology (AHUT) has revealed rare earth nitriding mechanism recently. Through first-principles studies of the effects of rare metal elements on the adsorption and diffusion of nitrogen atoms on the surface of body-centered cubic iron, the new study by Professor Zhang Shihong’s team from AHUT revealed the catalytic effect of rare-earth nitriding Infiltration mechanism.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price was in the upward trend in the week ended on Friday July 31, 2020, but affected by the weakness both in the supply and demand sides, transactions were poor at the end of this month. In the short term, market participants will take a watchful for the new guide price for early August from tungsten institutions. 

Rare earth market quotation in China: the neodymium oxide, praseodymium neodymium oxide and praseodymium neodymium metal prices continue to rise in the first trading day in August affected by good trading atmosphere between buyers and sellers. The deals increase but most downstream buyers remain cautious sentiment. 

Molybdenum market quotation in China: the prices of molybdenum oxide, molybdenum powder and ferro molybdenum keep stable in the first trading in August on deadlocked supply and demand and quiet trading activity. 

Rare earths have been widely used in electronics, petrochemicals, metallurgy, and many other fields. Scientists discover new uses of rare earth for every technological innovation, and the 5G era has come, innovative integration of a series of new technologies. So, what impact will the arrival of the 5G era have on rare earth materials?