Drakelands Tungsten Mine Was Rescued with a £2 Million Loan

Drakelands tungsten mine picture

Plymouth’s huge Drakelands tungsten mine has secured its short-term future with a £2 million loan – but will be conducting a major financial review into its finances as it is now more than £60million in debt.

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Cesium Tungsten Bronze Price Stabilizes on Quiet Trading Activity

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Analysis of latest tungsten market from ChinaTungsten Online

The latest price of ammonium paratungstate, tungsten powder and cesium tungsten bronze is unchanged from the previous trading day, although Chinese tungsten prices are in a downward trend. The weakness in market demand now affects price moves greatly. Deadlocked supply and demand will continue on poor circulation of spot goods.

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Dysprosium Oxide Price - Aug. 01, 2018

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Chinese rare earth prices show signs of decline as the market still faces great pressure from imbalanced supply and demand. Dysprosium oxide price declined to RMB 1,155/ton from RMB 1,160/ton previous, while praseodymium neodymium metal declined to RMB 420,000/ton from RMB 423,000/ton.

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Sodium Molybdate Price - Aug. 01, 2018

sodium molybdate picture

The molybdenum market in China appeared to be warming up in sympathy, with prices continuing to push higher. Ferromolybdenum rose to RMB 134,000/ ton from RMB 132,000/ton previously, molybdenum concentrate rose to RMB 1,790/ ton from RMB 1,750/ton, while molybdenum oxide rose to RMB 1,930/ ton from RMB 1,900/ton. 

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Strong Global Demand, International Tungsten Prices Rise

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Tungsten is a natural rare material. It is commonly found in wolframite and scheelite. Tungsten is famous for its unique properties, such as high density, high melting point and excellent mixing ability. Tungsten is also one of the highest melting point metals found on the earth. Many tungsten alloys are used in various fields, such as bulb filaments, electrodes, X-ray tubes, radiation shielding, microelectronic integrated circuits, superalloys, aerospace, etc. Tungsten is also used for military purposes because of its hard physical form and high density, such as armor piercing shells and insulation shielding. In addition, tungsten products can also be used as catalysts in many industrial processes.

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Chinese Tungsten Prices Become Weak in a Weakening Market

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Analysis of latest tungsten market from ChinaTungsten Online

Opening this week, Chinese tungsten price continues its weak adjustment on heavy wait-and-see atmosphere at the end of July. The operating rate of downstream factories remains low in the off season while market demand is weak. So sales in the raw material market become difficulty and trading volumes are thin again.

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Dysprosium Oxide Price - Jul. 31, 2018

dysprosium oxide picture

The latest price of praseodymium neodymium oxide and praseodymium neodymium metal climbs slightly while dysprosium oxide price maintains stability from last trading day. Market participants in Chinese market now are uncertain about the outlook with quiet policy side. Under environmental checks and off season, deadlocked supply and demand will not be eased, and rare earth prices may continue to decline.

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Molybdenum Powder Price - Jul. 31, 2018

molybdenum powder picture

The latest price of molybdenum concentrate, molybdenum powder and molybdenum oxide continues to go up slightly compared with last trading day, boosted by environmental checks tightening molybdenum raw materials. Low-price raw materials are rare and businesses are more reluctant to sell in anticipation of low production in mines. 

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Look!Hard Alloys Can Also be Printed with 3D

3D printing image

There is no doubt that 3D printing will be an indispensable component of the future industrial 4.0. As the 3D printing technology of plastic materials is relatively mature, the metal 3D printing technology is also showing great potential for development, which has become an important development direction and hot research hot spot.

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Chinese Tungsten Prices Declined in Anticipation of Weak Demand

tungsten powder picture

Analysis of latest tungsten market from ChinaTungsten Online

Chinese tungsten prices were in a downward trend last week on the weakness in both demand and funds. Although environmental protection policy offers supports for the supply and production costs, trading activity is still thin in the off season. Insiders now are not optimistic about market expectation. 

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