Military of Taiwan received the strongest tanks equipped with KEW-A1 tungsten core armor-piercing discarding sabot (APDS) from US. Taiwan has purchased 108 units of M1A2T Abrams tanks for nearly 20 million US dollars each. It is the highest unit price record of the world's already serviced tanks.

Tungsten-containing compound plays a unique role in converting cellulose into ethanol because of its special function in catalyzing the cleavage of cellulose carbon-carbon bonds. This major discovery was recently discovered by Dalian Institute of Chemicals Physics of Chinese Academy of Sciences.

Analysis of latest tungsten market from Chinatungsten Online

Chinese tungsten prices remained weak adjustment in the mid week Wednesday July 10 affected by the sharp decline in new tungsten forecast prices from Ganzhou Tungsten Association.

Rare earth market quotation in China: prices of neodymium oxide and praseodymium neodymium oxide declined slightly caused by the worry for imbalanced supply and demand and low trading activity of downstream. Heavy rare earth elements prices kept stable under the rectification of the industry. 

Chinese molybdenum prices maintain stability as the market is caught in heavy wait-and-see atmosphere and traders remained cautious sentiment. Due to environmental checks and heavy rains, the production of raw materials is decreasing and market inquiry becomes active. 

Australian scientists have discovered the mechanism of metal ferroelectricity in WTe2, after the systematic research on crystal structure, electron transport measurement and theoretical considerations. It is proved that the ferroelectric state can be changed under external electric bias.

Analysis of latest tungsten market from Chinatungsten Online

Ganzhou Tungsten Association released its new tungsten forecast prices for July: tungsten concentrate price was $10,468.75/t, down $3,593.75/t from last month; ammonium paratungstate(APT) price was $187.20/mtu, down $60/mtu; medium particle tungsten power prices was $28.2/kg, down $6.3/kg from June. 

Chinese rare earth prices keep stable in the midweek, but the supply and demand are still in a stalemate and trading atmosphere is not certain. Rare earth import and export reserves have declined, and the overall trading mentality of the market is cautious.

Molybdenum price in China: the latest prices of molybdenum powder, ammonium molybdate and ammonium heptamolvbdate are unchanged from the last trading day. Molybdenum concentrate market stabilizes on stable production capacity of mainstream mining enterprises. Sellers are still reluctant to sell products.

The “rare earth throne” of MP Materials is the best opportunity for the US in the US-China trade war. Rare earth has become an important bargaining chip in the trade war. MP Material is the only rare earth mining company in America. They own the Mountain Pass mine, which is an open-pit mine of rare-earth elements on the south flank of the Clark Mountain Range, just north of the unincorporated community of Mountain Pass, California, United States.