Molybdenum market quotation in China: molybdenum oxide, molybdenum bar and ferro molybdenum prices k eep stable on October 26, 2020 when market participants have good expect for the outlook with the impact of increase quantity and price of import of raw materials. 

Joe Biden's campaign team had privately promised to miners that they would support them in expanding domestic metal production capacity, such as rare earths, cobalt, and nickel to support the needs of green energy industries such as electric vehicles (EVs) and solar energy, according to market hearsay. It is worth noting that the sharp rise in the prices of cobalt and nickel has driven the metal index of EVs to climb to the highest peak since 2020.

The US President Donald Trump and former Vice President Joe Biden are both keen on securing rare earth metals. The presidential candidate Joe Biden, whose greater focus on environmental issues is seen as a likely headwind for the oil industry with Trump's campaign activity limited.

The first domestic rare earth nano fluorescent probe for COVID-19 detection has been developed and produced by Xiamen Aode Biotechnology Co., Ltd., and the probe has recently obtained the third-class medical device registration certificate issued by the State Drug Administration.

Researchers have addressed the limitation of the collection of photogenerated carriers by using a composite of molybdenum disulfide (MoS₂) and a multi-photon absorbing lanthanide-doped upconversion nanoparticles, that emits in the visible, to make a photodetector device with ultrahigh broadband responsivity.

Rare earth is a non-renewable strategic resource, known as the "vitamin" of modern industry. It is widely applied in aerospace, new energy vehicles, rail transit, information transmission, laser lighting, intelligent manufacturing, and other fields in China, as well as in the word-wide area. Rare earth elements (REEs) are also used to manufacture missiles, radar, submarines, satellites, fighter jets and other high-tech weapons are irreplaceable core materials.

A production line of new rare earth hydrogen storage alloy electrode materials located in the Baotou Rare Earth Research and Development Center under the Chinese Academy of Sciences has been put into operation in China. The production line was built with independent intellectual property rights.

Analysis of latest tungsten market from Chinatungsten Online

The ammonium paratungstate (APT) export price in China was unchanged in a muted overseas market. Chinese exporters maintained their offers, unwilling to lower prices due to the appreciation of the yuan against the dollar. 

Rare earth market quotation in China: the dysprosium oxide, praseodymium neodymium metal and oxide prices rose slightly in the week ended on Friday, October 23, 2020 due to increased market confidence and trading activity.

Molybdenum market quotation in China: the molybdenum concentrate, molybdenum oxide prices edged lower while molybdenum powder price remained stable in the week ended on Friday October 23, 2020 due to deadlocked supply and demand in the market.