Molybdenum market quotation in China: the prices of molybdenum oxide, ferro molybdenum and molybdenum bar are unchanged from the previous trading day as buyers and sellers control their inventories rationally. The offers are hard to be raised in the short term. 

Geologists have developed a machine learning technique that highlights the potential for further tungsten deposits in southwest England. Tungsten is an essential component of high-performance steel, but global production is strongly influenced by China, and western countries are keen to develop alternative sources.

Contemporary Amperex Technology Co. Limited (CATL) and the German company Trailer Dynamics GmbH have signed a supply agreement of lithium batteries to electrify long-haul trucks. According to the agreement, CATL will develop, manufacture, and supply batteries for the Newton eTrailer, which will launch in 2023 to promote sustainable road transport development in Europe.

Analysis of latest tungsten market from Chinatungsten Online

Chinese ammonium paratungstate (APT) exporters maintained firm offer prices this week amid strength in the domestic market, this despite the fact that conditions in the export market itself remain challenging.

Rare earth market quotation in China: the europium oxide, neodymium oxide and dysprosium oxide prices decline slightly due to heavy wait-and-see atmosphere in the market. 

The ferro molybdenum, ammonium molybdate and ammonium heptamolvbdate prices continue to remain stable affected by continued spread of coronavirus, geopolitical risks, bad weather and logistic constrains. Offers are hard to be raised while buyers can not find low-price resources. 

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten powder prices in China keep stable in the week began on Monday August 24, 2020. The market is expected to stabilize in the short term and market participants are optimistipc about the outlook, but actual transactions are still limited due to quiet market trading. 

The Dolphin Tungsten Project is located near the town of Grassy near the coast of King Island, Tasmania, Australia. It belongs to the skarn scheelite deposit and is one of the top ten tungsten mine projects outside China. The project is a fully permitted operation, which will be developed on the historic Dolphin Mine property at which mining was suspended in 1992.

The Mittersill mine is a large tungsten mine located in Mittersill, in the State of Salzburg in western Austria, 30 kilometers South of Kitzbühel, and some 340 kilometers southwest of the capital, Vienna. It is the largest scheelite mine in Europe and one of the top ten tungsten mine projects outside China. It is currently working in accordance with the highest safety and environmental standards.

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten powder prices in China remained stable in the week ended on Friday August 21, 2020 due to quiet market trading. The whole market was in a stalemate affected by the continued spread in foreign countries, trade conflicts and geopolitical conflicts. The new forecast prices for late August also released signals of stability.