Recently, the 514 Geological Brigade of the North China Geological Exploration Bureau announced that the resource verification report for the Shamai Tungsten Mine project, implemented by its Mineral Exploration Institute, has successfully passed the expert review by the Ministry of Natural Resources. Exploration revealed the immense potential of the Shamai Tungsten Mine, with resource reserves reaching a new high and the discovery of associated minerals like silver. The total identified wolframite metal content exceeds 40,000 tons, with newly added resources reaching the scale of a medium-sized tungsten mine. This achievement holds significant importance for China's tungsten resource reserves and related industrial development.

The Fujian Provincial Department of Natural Resources recently announced that the Tungsten Exploration Project in the Sanjingjue tungsten mine of Shaowu City and the 1:50,000 Songkouping Regional Mineral Geological Survey Project in Fujian have both passed their field inspections with an excellent rating.

Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten prices are at a high level and sideways, and the psychological game of all parties in the industrial chain has intensified. 

Molybdenum market update on May 19, 2025

At the beginning of the week, the domestic molybdenum market in China maintained stable operations, with a mix of bullish and bearish factors creating a slightly stalemated negotiation atmosphere between buyers and sellers.

Analysis of Latest Tungsten Market from China Tungsten Online

Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten prices continue to rise strongly. According to a survey conducted by China Tungsten Online, as of press time:

Molybdenum market update on May 16, 2025

This week, the domestic molybdenum price in China saw a slight upward shift in its overall focus, primarily driven by strong price-holding sentiment among raw material suppliers, stable downstream demand, and the release of news regarding China's special operation to combat the smuggling and export of strategic minerals.

Molybdenum market update on May 15, 2025

The domestic molybdenum market in China remains stable, with traders engaging in primarily rigid transactions, resulting in moderate market trading activity, no significant price changes, and slow order growth.

Analysis of Latest Tungsten Market from Chinatungsten Online

The easing of the Sino-US tariff game has opened a 90-day window for foreign trade rush shipments. However, based on the special strategic attributes of tungsten products and the control requirements of dual-use items, it is expected that the intention to inquire and stock up will increase during this period, but the actual executable export orders are limited.

Molybdenum market update on May 14, 2025

The overall domestic molybdenum market in China is currently moderate, primarily characterized by difficulties in updating product prices and a stable order growth rate. Industry attention is focused on the shipment dynamics of molybdenum mining companies, the volume and pricing of steel tenders, and the impact of tariff policy adjustments on the molybdenum industry's development.