Rare earth market quotation in China: the latest of terbium oxide and dysprosium oxide prices climbed while praseodymium neodymium oxide and metal prices edged lower on March 2, 2020 due to quiet market trading. 

Molybdenum market quotation in China: the latest prices of ammonium heptamolvbdate, molybdenum concentrate and ammonium molybdate were in the downward trend on March 2, 2020 on cautious sentiment of both sellers and buyers. Market trading activity is low, but supported by the cost side, most companies have good confidence for the outlook. 

Analysis of latest tungsten market from Chinatungsten Online

Chinese tungsten powder and ferro tungsten prices stay firm with the recovery of logistics, increased operating rate of enterprises and rising supply of raw materials. But the terminal side still remains cautious to purchase affected by the coronavirus. The supply and demand sides are in a stalemate and deals are rarely concluded. 

Canadian marine battery supplier Corvus Energy is proud to announce that it has been selected by Damen Shipyards to provide its next-generation lithium-ion capacitor (LiC) energy storage system (ESS), a groundbreaking energy storage system for cruise ships, for the four new battery-hybrid ferries for BC Ferries, according to foreign media.

Vietnam formulates 2021-2030 to 2050 stage plan of tungsten, rare earth, and other minerals for exploration, mining, processing, and usage. Vietnam's Deputy Prime Minister has issued approval for Decision No. 295 of 2021-2030 to 2050 stage vision for the formulation in the exploration, mining, processing and use of various minerals.

Australia has identified 15 rare earth and critical mineral projects to champion as part of joint Australia-US efforts to challenge China's dominance in the supply of materials commonly used in the defense and high-tech industries in September last year. The 15 development projects include plans by Australia-listed Northern Minerals to build a mine and processing plant in the Western area.

BioSolar Corporation, a US developer of energy storage technology and materials, announced that it has started to produce and test its second batch of commercial-grade prototype 21700 lithium-ion batteries with the help of its South Korean technology partner TopBattery, according to foreign media reports.

The iron-doped tungsten oxide (W₁₈O₄₉) nanoreactor provides a new idea for electrocatalytic efficient nitrogen fixation. Recently, a team of researchers from Jian Liu of the Institute of Chemicals of the Chinese Academy of Sciences and the team of Ji Liang from the University of Wollongong, Australia, developed an iron-doped W₁₈O₄₉ nanoreactor through the strategy of defect-doped iron doping which achieved higher ammonia yield and higher Faraday efficiency at low potential, providing new ideas for efficient electrocatalytic nitrogen fixation.

LG Chem has signed an agreement with the US electric vehicle (EV) maker Lucid Motors on February 25 to exclusively supply next-generation cylindrical batteries for EVs from the second half of this year until 2023, but the quantity and amount of the supply are not specific. Lucid Motors plans to start producing Lucid Air pure electric cars in 2020.

Analysis of latest tungsten market from Chinatungsten Online

The ammonium metatungstate(APT) and ferro tungsten prices in the Chinese market are still in the upward trend as the supply of raw materials remains tight. With the gradual recovery in logistic and production of factories, market inquiry becomes active despite transactions do not increase.