Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and ammonium metatungstate (APT) prices in China maintain stability but show signs of rise in the middle of February but market deals are rarely concluded when the operating rate of the industry is low due to the epidemic. The market outlook remains unclear with heavy wait-and-see atmosphere. 

Rare earth market quotation in China: the DyFe, terbium oxide and dysprosium oxide prices edged higher despite of low market inquiry and cautious sentiment of traders. 

Chinese molybdenum prices show stable in the middle of this week, except for the decline in molybdenum concentrate. In the molybdenum concentrate market, price rose sharply due to the epidemic situation in the early stage. However, as the number of resumed production companies continued to increase this week, the prices dropped rationally.

Catalyst made by molybdenum, nickel and magnesium could be used to recycle greenhouse gases. The new study published by the Korea Advanced Institute of Science and Technology (KAIST) in Science on February 14 showed that taken a major step toward a circular carbon economy by developing a long-lasting, economical catalyst that recycles greenhouse gases into ingredients that can be used in fuel, hydrogen gas, and other chemicals. The results could be revolutionary in the effort to reverse global warming. According to foreign media reports.

The world's top lithium miner Albemarle (ALB) quietly submitted an application of December last year to monitor and assess the state of Atacama groundwater flows as the salt flat water scarcity of Chile, and ALB has been warned by local residents and the court.

Analysis of latest tungsten market from Chinatungsten Online

A new round of resumption of work comes in China this week, with a increase in vehicles and people on Monday. However, the industry insiders are still worried about the supply of raw materials, especially tungsten concentrates. 

The europium oxide, lanthanum oxide and cerium oxide prices in the Chinese market maintain stability in the middle of February partly affected by the stability in listed prices of Northern Rare Earth. In the light rare earth market, most smelting factories have resumed production, but due to logistic constrain, the deals are limited. 

The molybdenum powder, molybdenum concentrate and sodium molybdate prices in the Chinese market remain stable in the middle of February considering to low trading activity and cautious sentiment of traders. 

A recent study shows the early cosmic impacts may have influenced the tungsten isotope ratio, suggesting that Mars formed much slower than previously thought. The early solar system was chaotic, and there is evidence that the red planet was likely to have been struck by planetesimals, small protoplanets with a diameter up to 1930 km, early in its history.

Recent observations by active members of the Tesla community suggest that the electric car maker may have acquired SilLion Inc., a lithium-ion battery cell specialist startup from Louisville, Colorado. If the above speculation proves accurate, the company is likely to further expand its leading position in the electric vehicle market, according to foreign media reports.