The Nui Phao Tungsten Polymetallic Mine is located in Dai Tu District of the Thai Nguyen Province in Vietnam, approximately 80km northwest of Hanoi by road. It is the largest tungsten mine in Vietnam and one of the top 10 tungsten mine projects outside China. The mine site is spread over an area of 9.21km², accessible by road and adjacent to a narrow-gauge railway that connects to the Vinarail railway system.

The Sisson Tungsten-Molybdenum Project is an open-pit mine, located in central New Brunswick, Canada, on the Crown land about 100 kilometers northwest of Fredericton, covering an area of more than 18,880 hectares. It is an open-pit mining project and one of the top ten tungsten mine projects outside China. Northcliff Resources and Todd Minerals are jointly developing the project under a partnership called Sisson Project Limited Partnership.

The Bakuta Tungsten Mine (Boguty) is located in the east of Almaty central city in Kazakhstan, 150 km away from Horgos Port of China's largest port in Xinjiang. The mine is a world-class super large opencast mine and one of the top ten tungsten mine projects outside China. It was developed by former Soviet experts in the late 1960s. The discovered and proven reserves are about 270,000 tons.

Analysis of latest tungsten market from Chinatungsten Online

The whole tungsten market in China continues to keep stable due to slow recovery in the demand side both at home and abroad. Now China’s tungsten associations and major domestic producers are gradually releasing their offers for the second half of August. 

Analysis of latest tungsten market from Chinatungsten Online

The ammonium metatungstate (APT) and cesium tungsten bronze prices in China continue to maintain stability affected by the off season and stricter environmental protection. Most insiders hold optimistic view about the outlook as China’s Ganzhou Tungsten Association (GTA) and major domestic producers expected prices for tungsten to rise in August, in line with a recent recovery in both markets.

The rare earth price in China maintains stability on the whole affected by the deadlocked supply and demand in the market. But the latest of terbium oxide, praseodymium oxide and neodymium oxide prices are in the upward trend.

Molybdenum market quotation in China: the prices of molybdenum concentrate, ferro molybdenum and molybdenum powder are unchanged from the previous trading day as the market is still in a stalemate. The whole market trading activity is low and actual transactions are limited. Insiders now hold different views towards the outlook. 

To recycle lithium-ion batteries, Australian lithium company Neometals (ASX: NMT) has entered a binding deal with German metallurgical equipment supplier SMS Group GmbH to establish a joint venture. The joint venture, called Primobius GmbH, will use the company recycling technology to recover lithium, nickel, cobalt, and other materials from waste electric vehicles and consumer electronics.

Lake Resources NL has appointed Colorado-based independent assay laboratory Hazen Research Inc to produce larger samples of battery-quality lithium carbonate for supply to potential off-takers and other interested parties. This will be done using the efficient, disruptive clean technology developed by Lake's technology partner Lilac Solutions for brine from the company's flagship Kachi project in Argentina.

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten powder prices in the Chinese market are unchanged from last week as the market outlook remains unclear and transactions are still in a relatively low level.