Highly nano-crystalline tungsten oxide mitigates lithium battery life decay, the nanoparticle is an N-type semiconductor material with a moderate band gap and is widely used in the field of energy storage due to its excellent electrical conductivity.

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten powder prices in China are unchanged from the previous trading day as most market participants are waiting for the new average tungsten forecast prices from institutions and offer levels from listed tungsten companies. Now the market faces pressure of imbalanced supply and demand with negative outlook. 

Analysis of latest tungsten market from Chinatungsten Online

Opening this week, the ferro tungsten price declined slightly while tungsten powder and ammonium metatungstate (APT) prices remained unchanged in the week began on Monday November 4, 2019 as the market was under pressure.

A massive joint lithium project of Bolivia and southern German firm ACI Systems Alemania (ACISA) was overturned by the Bolivian government. The project is considered vital for the German auto industry's plans to develop electric batteries.

Analysis of latest tungsten market from Chinatungsten Online

The tungsten prices in China remained unchanged in the week ended on Friday November 1, 2019 because the raw material market and downstream demand side were in the stalemate. In early November, market participants would wait for the new average tungsten forecast prices from Ganzhou Tungsten and offer levels from listed companies. 

Rare earth market quotation in China: the latest prices of terbium oxide, lanthanum oxide and dysprosium oxide edged lower in the week began on Monday November 4, 2019 on low trading atmosphere and limited transactions. 

The molybdenum prices in China are in the downward trend in the first trading day on November 4, 2019 due to downstream buyers' low demand for raw materials and weak confidence of raw material sellers. 

Demand for electronic materials such as tungsten and rare earths exceeded more than 110 billion US dollars per year globally in recent years, according to the Industrial Research Institute (ITRI) of Taiwan. It is expected that with the advent of the 5G and IAOT era the development of the electronic materials industry will be boosted.

Besides holding rare earths, China owns another invaluable resource with a monopoly position which is merely available - the rare earth magnets. They are super-strong permanent magnets. Nowadays, most of the electronic products use these materials. As the US is a big technology country, permanent magnets have a huge impact in the country. To some extent, the rare earth magnets are even more important than rare earths for the US.

Victoria releases more land for exploring gold, lithium and rare earths. According to the miningweekly.com, Australia's Victorian Minister for Resources Jaclyn Symes announced last Tuesday that it would open up more land in the North Central Victorian Goldfields to mining companies that could demonstrate a commitment of engaging with traditional owners and which would boost local employment.