Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices are forecast to hold stable ahead of the lunar new year holiday at the end of January. But market participants continue to fear the impact of geopolitical uncertainty and its effect on global economic development and subsequently on spot demand and prices.

On tungsten diselenide (WSe2), molybdenum disulfide (MoS2), and graphene to produce ultra-thin dielectrics for developing a new design strategy for manufacturing 2-D electronic devices. Two-dimensional semiconductors can have very useful applications, especially as channel materials for low-power transistors. These materials exhibit extremely high mobility at extremely high thicknesses, which makes them highly promising alternatives to silicon in the manufacture of electronics.

Recovering valuable cobalt lithium metal from used lithium battery materials has become a vital way to reduce battery costs and ensure the supply of raw materials. Recently, Canada's Li-Cycle Corp has reported its first shipment of commercially recycled battery material from its facility in Ontario. The company says it is one of the few companies globally capable of recovering critical battery materials from lithium-ion batteries in a sustainable and safe manner.

Foxconn opto-mechanical's high-end tungsten steel project successfully settled in Jincheng Park. Jincheng Industrial Fund and other companies jointly completed the first phase of the project to invest 80 million yuan to promote the city's cooperation with the group to cultivate the optical mechanical and electrical industry, create a smart manufacturing brand and the "World Optics Valley" in Shanxi province, as well as promote high-quality transformation.

The world's first semi-solid lithium-ion battery architecture will be used in Japanese electronics company Kyocera's new launching Enerezza residential storage fleet, which can greatly improve the economics of the battery and accelerate the price revolution of battery energy storage. It will be the first company to bring this technology to market, according to foreign media reports.

Ormonde Mining is considering all future options after opting to sell out of its chief asset. So the Meath-based prospector has decided to sell its 30% stake in the Barruecopardo tungsten mine, in western Spain, for €6m to its joint-venture partner US investment firm Oaktree Capital Management.

Scott Mitchell and David Evans are both through to the Quarter-Finals at the 2020 BDO World Championship to end the evening session at the Indigo at the O2.

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and ammonium paratungstate (APT) prices are in the upward trend because tungsten institutions and listed companies raised their new guide prices for the first half of January. 

Rare earth market quotation in China: dysprosium oxide and praseodymium neodymium oxide prices decline slightly while cerium oxide price maintain stability. 

Molybdenum market quotation in China: the latest of molybdenum concentrate and molybdenum oxide prices edge higher while ferro molybdenum price is unchanged from the previous trading day on the stability in mentality of both buyers and sellers.