Rare earth market quotation in China: the lanthanum oxide, praseodymium oxide and dysprosium oxide prices are unchanged from the previous trading day in the middle of August. 

The ferro molybdenum and molybdenum concentrate prices in China show signs of rise supported by positive factors. Both buyers and sellers are willing to enter the market and market trading becomes active. 

The "General Survey Report of Biyun'an Tungsten and Molybdenum Polymetallic Ore in Jingde County, Anhui Province" submitted by the Anhui Provincial Geological Survey Institute recently passed the review of mineral resources reserves by the Ministry of Natural Resources and was put on record.

A Malaysian minister said that Malaysia has approved an application from Australian rare earth miner - Lynas Corp, to establish a permanent disposal facility for waste treatment. According to a report by the mining.com website.

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten powder prices in China keep stable early in this week. Although trading in the raw material side seems not increased, raw material manufacturers try to raise product offers. 

Terbium oxide, neodymium oxide and praseodymium neodymium metal prices in China continue to edge higher thanks to active inquiry from downstream. But actual transactions are limited as most product prices are in a relatively high level. 

The ferro molybdenum and molybdenum concentrate prices in China climb slightly under deadlocked supply and demand with the impact of many uncertainties. Upstream sellers are not willing to cut prices while buyers can not accept high products. 

Scientists at Penn State University say a new way to treat acid mine drainage (AMD) can help turn environmental pollution issues into an important domestic source of important rare earth elements needed to produce technologies ranging from smartphones to fighter jets.

British Cornish Lithium has raised nearly 1 million pounds for lithium exploration in Cornwall, which is called the "gold rush" in the 21st century. The company has raised just over £826,000 from shareholders for continuing exploration for lithium in Cornwall, in both geothermal waters, and hard rock and will build on the successful drilling programs that concluded earlier this year.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price was in the upward trend in the week ended on Friday August 7, 2020 but market trading seems quiet. With the increase in new average tungsten forecast prices from listed companies and associations, the market was boosted.