Rare earth market quotation in China: neodymium oxide, dysprosium oxide and praseodymium neodymium metal prices continue to rise on November 4, 2020 with the impact of active market trading and increased transactions. 

Molybdenum market quotation in China: sodium molybdate, ammonium molybdate and molybdenum powder prices are unchanged from the previous trading day under the chaotic global market. Traders have different views on the market outlook. Therefore, trading activity is low. 

The Sino-US tech war continues to escalate. A private think tank in the US warned that as rare earths are indispensable in the production of electric vehicles and 90% of global rare earth produced in China, this means that China has a firm grasp of the US electric vehicle industry. They publicly called for the United States to use international cooperation to prevent China from restricting rare earth exports.

China Northern Rare Earth (Group) High-Tech Co., Ltd, (North Rare Earth) announced that after two years’ reorganization, the Gansu Rare Earth Group Co., LTD. (Gansu Rare Earth) has achieved high-quality development and its production capacity is among the top 3 in China.

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and ammonium metatungstate (APT) prices in China maintain stability in the first trading day on November 2, 2020 affected by many uncertainties in the world such as the US election, Brexit, and worsened coronavirus in European countries. 

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten powder prices in China declined slightly in the week ended on Friday October 30, 2020 when the market tended to stabilize with the impact of persistent weakness in the demand side. In the short term, market participants will focus on the US election and new guide prices for the first half of November.  

Rare earth market quotation in China: the praseodymium oxide and neodymium oxide prices pick up slightly while europium oxide price is unchanged from the previous trading day on November 2, 2020. At present, insiders have good confidence for the outlook. 

Molybdenum market quotation in China: ferro molybdenum, molybdenum powder and sodium molybdate prices maintain stability in the week began on Monday November 2, 2020 as the market is in a stalemate. 

Rare earth magnets are at the forefront of today's technology from computer hard drives, smart phones to earplugs and electric motors, making varieties of daily necessities getting smaller. While, rare earth elements (REEs) may be difficult to obtain, either because of their scarcity or the challenging geopolitical climate. Recently, scientists have discovered magnets based on rare earths that are more readily available, as well as some promising magnets that do not contain rare earths.

Recently, Baotou Rare Earth Research Institute's EASTO.1098 heat-insulating rare earth coating on glass was recognized as the first batch of new materials at the Inner Mongolia autonomous region level in 2020.