Molybdenum market quotation in China: molybdenum oxide, molybdenum concentrate and ammonium heptamolvbdate prices were in the upward trend in the week ended on Friday September 4, 2020 affected by increased trading activity and good expectation for market outlook. 

Analysis of latest tungsten market from Chinatungsten Online

The ammonium metatungstate (APT) and tungsten carbide powder prices in China keep firm in early September despite of deadlocked supply and demand in the market. At present, insiders are waiting for the new average tungsten forecast prices from listed tungsten companies.

The price of cobalt is stable but shows signs of rise on September 3, 2020 when the market remains quiet and trading atmosphere maintains a cautious atmosphere. 

Rare earth market quotation in China: DyFe, dysprosium oxide and praseodymium neodymium metal prices decline slightly on Sep. 3, 2020. Under the background of quiet news from the policy side and general development in the global manufacturing industry, it is difficult for downstream users to substantially increase the demand, which is the main reason for the rise of quotation in the market.

Molybdenum market quotation in China: the prices of sodium molybdate, ammonium molybdate and ammonium heptamolvbdate are unchanged from the previous trading day on September 3, 2020 owing to quiet market trading and cautious sentiment of market participants. 

Tungsten (W) owns the highest melting point and lowest vapor pressure of all metals on the periodic table, as well as very high tensile strength, the properties that make it well-suited to take abuse for long periods of time, and a good candidate for armouring future fusion reactors. Zeke Unterberg and his team at the Department of Energy's Oak Ridge National Laboratory (ORNL) are currently working with this candidate metal.

As the use of Electric Vehicles (EVs) continues to rise, the demand of lithium batteries is booming, a new report launched today forecasts a bright future for the lithium industry in Western Australia (WA), however warns government support is vital for the sector to remain sustainable so that the State can take advantage of the growing future global demand for lithium.

Analysis of latest tungsten market from Chinatungsten Online

The tungsten powder and ferro tungsten prices in the Chinese market continue to stabilize in the first trading day in September due to good expectation of insiders for the market in Golden September and Silver October. 

Cobalt price is unchanged from the previous trading day under interwoven negative and positive factors. On the supply side, the epidemic situation in Africa is severe, resulting in production reduction. In addition, domestic purchases and reserves are still expected in the fourth quarter.

For extracting rare earths from e-waste to make car batteries, researchers at Lawrence Livermore National Laboratory (LLNL) under the US Department of Energy, in collaboration with Pennsylvania State University (PSU) and Idaho National Laboratory (INL), have designed a new process based on a natural protein, that could extract and purify rare earth elements (REE) from low-grade sources. It could offer a new avenue toward a more diversified and sustainable REE sector for the US.