China Ferro Molybdenum Price - March 16, 2020

ferro molybdenum image

The sodium molybdate, ammonium molybdate and molybdenum oxide prices in China decline slightly while ferro molybdenum price goes up opening this week. On the one hand, with the continued spread of new coronavirus all over the world, decreased demand weakens market confidence and thus some product prices were declined. 

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Brazil to Expand Molybdenum, Copper and Other Ores' Exploration to Diversify Mining Industry

Brazil to expand exploration of molybdenum and other ores image

Brazil hopes to expand the exploration of molybdenum, copper and other ores to diversify its mining industry. According to the BNAmericas website, Brazilian mining industry representatives and officials returning from the annual meeting of Prospectors & Developers Association of Canada (PDAC) are reported to be optimistic about attracting more investment.

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Li-ion Battery Recycle: AMY Announces A 99% Nickel, Cobalt Recovery Purity

AMY announces high recovery purity of Li-ion battery recycle image

American Manganese Inc. (AMY) aims at long term development of its Li-ion battery recycling project, which provides high extraction of cathode metals, such as lithium, cobalt, nickel, manganese, and aluminum. According to foreign media reports, AMY announced that its research and development contractor, Kemetco Research, has obtained preliminary samples of cathode materials from disassembled electric vehicle battery packs provided by the result of the US Department of Energy (DOE).

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China Tungsten Bar Prices Are Weak on Low Trading Activity in March

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Analysis of latest tungsten market from Chinatungsten Online

The latest of ferro tungsten and tungsten bar prices in China remain weak adjustment in wake of low trading activity of downstream users and sluggish demand in the current international economic situation. 

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Praseodymium Oxide Prices - March 13, 2020

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Chinese rare earth prices continued to show different trends in the week ended on Friday March 13, 2020. The prices of neodymium oxide and praseodymium oxide declined slightly while DyFe and dysprosium oxide prices rose slightly. 

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Chinese Molybdenum Prices - March 13, 2020

molybdenum rod image

Chinese molybdenum prices maintained stability on the whole in the week ended on Friday March 13, 2020 due to the coronavirus affecting trading activity. Though China’s coronavirus situation has improved a lot, downstream manufacturing is yet to recover. Manufacturers hold a very cautious view on economic development after the virus and demand for upstream products. 

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China's Xianglu Tungsten Declined its Offers for APT in Early March

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Analysis of latest tungsten market from Chinatungsten Online

Chinese tungsten powder and ammonium metatungstate(APT) prices continue to decline owing to sluggish demand and weak market confidence. The new guide prices from listed tungsten companies and associations showed stabilization on the whole, but some companies lowered their offers. 

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USTC to Achieve Integrated Solid-State Quantum Memory Based on Rare Earth Doped Crystals

multifunctional solid-state quantum memory image

University of Science and Technology of China (USTC) has made breakthroughs in the high-performance integrated solid-state quantum memory based on rare earth doped crystals. Quantum memory is the core device for constructing a quantum network. It can effectively overcome the channel loss and thereby extend the working distance of quantum communication and can also integrate quantum computing and quantum sensing resources in different places.

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Chile and Argentina Propose to Adjust Mining Taxes on Lithium, Copper

Chile attempts to move up the lithium value chain image

On lithium and copper mining taxes, the mining and energy committee of Chile's lower chamber dispatched a bill last week, which would introduce a 3% tax on the value of the minerals extracted for companies that produce over 12,000t of fine copper or 50,000t of lithium a year. Similar initiative has also adopted in Argentina. The funds would be used to invest in the area where the mine is located to reduce the environmental damage caused by mining.

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COVID-19 Notice from Chinatungsten Online (Xiamen) Manu .& Sales Corp.(CTOMS)

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Dear all friends and partners,

Wish your colleagues, your family and you are all well!

It seems that 2020 is a year full of difficulties and challenges under the influence of COVID-19 spreading globally. Fortunately, based on our enough pre-prepared protection equipments, including facial masks, ethyl alcohol etc., all CTOMS’ facilities and offices are running now and none of our employees is infected.

As is known the COVID-19 is under primary control in China, and the situation is getting better. Though our business is not affected by the overall situation, actions should be taken to prevent its further outbreak. Therefore, here are several notices in order to protect all of us and ensure our stable cooperation:

1. Any inquiring/purchase should be better to be considered earlier than usual for CTOMS cannot predict the uncertainty in and out of China.
2. Unless otherwise re-scheduled and permitted, all scheduled visiting, meetings at our facilities, offices and exhibitions are cancelled and no onsite visiting and face-to-face meetings are scheduled before April 30, 2020*.
3. Unless otherwise re-scheduled and permitted, any business trip of CTOMS’ employees both domestic and aboard is forbidden before April 30, 2020*.
4. All types of online working, meeting, communicating are preferred during COVID-19.
5. Information is better to be shared if there’s any policy issued or changed regarding export and import, such as temporary shutdown, delivery forbidden and any others besides the COVID-19.

*The date will be re-settled according to the COVID-19 situation and the announcement of WHO and the Governments timely.

We will try our best to provide it to you if you may need any of our prevention experiences or paper material.

Sincerely wish the situation can be controlled soon all over the world.

Chinatungsten Online (Xiamen) Manu. & Sales Corp. COVID-19 Prevention Team

Email: sales@chinatungsten.com

Tel:+86 592 512 9595 / 512 9696

Fax: +86 592 512 9797

Wechat: China-Tungsten 

 

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