Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and ammonium paratungstate (APT) prices in China remain firm in the week began on Monday February 22, 2021 with the support of high production costs and the rise in other commodity metal prices.

The US president Joe Biden will direct his administration to conduct a review of key U.S. supply chains, including those for semiconductors, high-capacity batteries and rare earths to ensure that the U.S. does not rely too much on rival countries including China in terms of key technologies, anti-epidemic materials, and raw materials.

Recently, researchers of the Chinese Academy of Sciences developed a multi-restricted one-step controllable synthetic doping method to prepare nitrogen-doped porous graphite with high separation selectivity for rare earth ions Olefin film. This research not only opens up a new way for the preparation of heteroatom-doped nanoporous graphene materials but also provides new ideas for the realization of highly selective membrane separation of rare earth ions, which has potential industrial application prospects.

Analysis of latest tungsten market from Chinatungsten Online

China's tungsten associations and listed companies have raised their February reference prices for tungsten concentrate, ammonium paratungstate (APT) and tungsten powder, in response to higher spot prices and tighter feedstock availability.

China rare earth price is in the upward trend in late February, 2021 despite of low trading activity. Upstream and downstream enterprises in the industry chain have not yet fully resumed normal production at the end of the Spring Festival holiday. In addition, the current market prices are relatively high, downstream magnetic companies are more cautious in their operations, resulting in a small increase in orders. 

Molybdenum market quotation in China: ferro molybdenum, molybdenum oxide and molybdenum powder prices show signs of rise in late February. Under active trading activity for both buyers and sellers, the trading volume is considerable. 

Premier African Minerals (PAM) has restarted RHA Tungsten Project and the Zulu Lithium Project of the company would also be restarted soon. According to foreign media reports, the diversified mining firm, Premier African Minerals says the Zulu Lithium Project can be restarted soon as a result of improvement in Zimbabwe’s country risk profile as well as an increase in global lithium prices.

Molybdenum acetate molecules are used on the surface of the insulator to arrange the metal atoms neatly, which can be used in nanoelectronic products. In order to produce miniature electronic memory or sensors in the future. It is essential to be able to arrange individual metal atoms on an insulating layer. Scientists at Bielefeld University's Faculty of Chemistry have now demonstrated that this is possible at room temperature.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten market maintains stability after the holiday of Spring Festival as most market participants take a watchful stance without any guidance in the market. 

China rare earth price continues its upward trend in late February, 2021 after the holiday of the Spring Festival, benefiting resonance of fundamentals, market and policy.