Heavy Rare Earth Market Ushers Long-Awaited Spring

heavy rare earths engine image

Domestic heavy rare earth market seems to usher the long-awaited "spring". Since the beginning of November 2019, when the market price of light rare earth has fallen, the price of heavy-rare earth has continued to rise, such as dysprosium oxide. From early November till now, the domestic market prices have risen sharply, with a monthly increase of 13.5%.

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US Teams Up with Canada to Reduce Rare Earth Reliance on China

a ball mill turns during processing at a mine in Mountain Pass image

To reduce global rare earth reliance on China, Canada and the US recently signed a Memorandum of Understanding (MOU) to strengthen cooperation in mining and production of rare earths. The memorandum was signed on December 19 to ensure the supply of crucial minerals to key industries such as aviation, defense, and clean energy.

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MoS2 Enabled Rectenna Converts Wi-Fi Signals into Electricity

ambient signals from Wi-Fi router to power sensors image

Two-dimensional Molybdenum disulfide (MoS2) enabled flexible rectenna converts Wi-Fi signals into useful DC power, it is expected to realize wireless fidelity power generation. Nowadays, wireless fidelity is everywhere. Asides from surfing the Internet, relevant foreign scientists have invented a device that can convert its signals into electricity to open a way for the widespread application of wireless energy transmission.

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SK Innovation Supplies Lithium-Ion Batteries for Hyundai Mass-Produced Models

SK Innovation has become a battery supplier Volkswagen image

South Korean power battery company SK Innovation is about to provide lithium-ion batteries for 500000 electric cars for Hyundai Motor Group on its E-GMP platform.

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Myanmar Banned Rare Earth Exports to China

the Qingshuihe National Port in Gengma County image

Myanmar has closed the border to China to suspend rare earth ore exports, given the environmental damage and conflicts caused by Chinese miners' unregulated operations. According to data, the trade volume between the two nations in the fiscal year 2016 to 2017 was 10.8 billion US dollars, and the fiscal year 2017 to 2018 was 11.78 billion US dollars. In the first four months of fiscal 2018 to 2019 (October 1, 2018, to January 31, 2019), the trade volume reached the US $ 3.74 billion.

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Rare Earths Pilot Plant Opens in Colorado, US

the challengers to Chinese rare earths image

US Rare Earths and its partner Texas Mineral Resources have opened a pilot processing plant in Wheat Ridge, Colorado, to purify rare earths, lithium, and other critical minerals.

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IBM's Cobalt-Free Lithium Batteries Use Materials Extracted from Seawater

cobalt-free lithium batteries use materials extracted from seawater image

Cobalt-free lithium batteries developed by IBM extract substances from seawater to replace heavy metals. In the process of promoting sustainable energy development globally, lithium-ion batteries are regarded as vital and key technology. At the same time as it is widely used in electric vehicles, which will play an important role in reducing greenhouse gas emissions, but they are not yet a perfect solution.

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Super-Large Tungsten-Molybdenum Deposit Discovered in Luanchuan

molybdenum ore image

A super-large tungsten-molybdenum deposit discovered in Luanchuan to lead the city to become the "molybdenum capital of the world". According to the Henan Daily, on December 23, the Bureau of Geology and Mineral Exploration of Henan province reported that after nearly 10 years survey, a new ultra-large tungsten-molybdenum deposit was discovered in Luanchuan, Luoyang, with 3.170 million tons of molybdenum, 396,600 tons of tungsten, 361,600 tons of lead, 2.629 million tons of zinc, 2.71 tons of copper, and 39.182 tons of silver, which is equivalent to 39 newly discovered large-scale molybdenum ore, 14 large tungsten ore, and 5 large lead-zinc mine.

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Pentagon to Stockpile Rare Earth Magnets

a front-end loader is used to reinforce a safety berm inside the open pit at a rare earth facility image

Pentagon steps up inventory on rare earth magnets to shake off its dependence on Chinese imports. According to the Reuters report on December 20 that the U.S. military plans to stockpile rare earth magnets (NdFeB), a type of rare earth magnet essential to weapons manufacturing. Responses to this latest Pentagon request are due by January 22, 2020, to store six-month neodymium-iron-boron rare earth magnets in turns and store them for at least 30 months to weaken China's control of the rare earth magnet industry.

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Cesium Tungsten Bronze Prices in China Stabilize on Low Trading Activity

tungsten powder image

Analysis of latest tungsten market from Chinatungsten Online

The cesium tungsten bronze and ammonium paratungstate(APT) prices in China are unchanged from the previous trading day. Although miners have rised mentality and the rise in offers of listed tungsten companies boosts market confidence, downstream users' demand for raw materials is low and the macro economy is not optimistic. Therefore, the whole market tends to keep quiet. 

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