The molybdenum price in China keeps stable on quiet market trading and cautious sentiment of market participants. The molybdenum concentrate market stabilizes with the impact of stopping production to undergo repair of domestic factories and lockdown of some foreign countries. Molybdenum companies keep firm offers, paying attention to quotation from large mining enterprises. 

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten powder prices in China remained weak adjustment with the persistent weakness in the demand side. Factories faced pressure both at capital and sales while the international market still remained weak. The supply and demand sides are in a stalemate. 

The cerium oxide, europium oxide and neodymium oxide prices remain weak in the Chinese market. Prices of praseodymium and neodymium related products were lowered according to the listed price released by Northern Rare Earth. 

Molybdenum oxide, ammonium molybdate and ammonium heptamolvbdate prices in the Chinese market are unchanged from the previous trading day on deadlocked supply and demand and reasonable inventory control.  

The University of Leeds has made breakthroughs in seeking new, sustainable permanent magnet with no rare earth, according to foreign media reports. Most permanent magnets are made from rare earth alloys, but mining and processing such materials produce toxic by-products, leading to ecological challenges associated with rare-earth mines and refineries. Meantime, demand for the permanent magnet is increasing as they are a common component in renewable energy, consumer electronics, and electric-powered vehicles.

Lithium batteries are used around the world, and though over the last few years they have had some competition, such as sodium and magnesium, they continue to be indispensable due to their high density and capacity. The University of Cordoba, Spain, and the University of San Luis, Argentina, have collaborated on a research project that can make use of graphite in used cellphones and devices with low recycling rates to manufacture new lithium batteries.

The rare earths are 16 strategically critical metals necessary for manufacturing nearly all high-tech products, from smartphones to guided missiles. According to foreign media reports, China seeks to control the global supply of rare earth minerals or may search for the transactions of advanced chips with rare minerals.

The lithium-air battery could work at low temperatures as its cathodes developed by Nanjing University can absorb sunshine. Lithium-air batteries with inorganic solid-state electrolytes have the potential to surpass lithium-ion batteries as the electrochemical energy storage technology of choice for electric vehicles. Most battery systems use liquid electrolytes, which have poor safety and thermal stability. In theory, lithium-air systems have very high energy densities. However, lithium-air batteries with solid electrolytes lose most of their capacity and power as the temperature drops below 0°C.

A new refrigerator devised by MIT scientists can cool sodium lithium molecules down to nanokelvin temperatures. For years, scientists have been looking for ways to cool molecules to ultra-cold temperatures. In this state, the molecular movement will be extremely slow, allowing scientists to control their quantum behavior precisely, so they may be able to use the molecules as complex bits for quantum computing, tuning individual molecules like tiny knobs to carry out multiple streams of calculations at a time.

For rare earth resources, Trump recently signed an executive order stating America has the right for space mining to explore and use resources from outer space. If the US successfully exploits rare minerals in outer space, it will break the export monopoly by countries such as China and Russia. The US president also said space is not a common area for resources and doesn't need the permission of international agreements to get started.