Tesla to Deploy Biggest Megapack Battery Systems in Hawaii

Tesla Megapacks battery Hawaii image

Tesla is working on a bid to deploy one of the biggest battery systems in the world with 244 Megapacks, the company's latest giant battery system, on a Hawaii to replace traditional power plants. This is also an important part of Tesla's deployment in the energy business. According to foreign media reports on March 30.

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NASA Reveals All-Electric X-57 Maxwell Plane

the all-electric X-57 Maxwell image

National Aeronautics and Space Administration (NASA) has shared the first pictures showing its new all-electric X-57 Maxwell plane on Twitter, which will be 500 percent more efficient than conventional aircraft while producing zero emissions and less noise pollution. The X-57 Maxwell aircraft will be the first manned X-plane produced by the administration in the past two decades and is designed to help develop standards for future all-electric aircraft, according to Mail Online report.

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Coronavirus Spread Clouds China Tungsten Market in Early April

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Analysis of latest tungsten market from Chinatungsten Online

China tungsten market remained weak in the first trading of April due to cautious sentiment of downstream users and low trading activity. Ammonium paratungstate (APT) exporters experienced a slow market, while unrecovered downstream manufacturing, such as the automobile industry, in China also dragged the domestic tungsten market price down.

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Lithium Isotopes System Acquired in Qaidam Basin

salt lake in Qaidam Basin image

Lithium isotopes system, a sensitive geochemical tracer, can be used to track a wide range of geological processes and sources. Recently, sources and a proposal for comprehensive exploitation of lithium brine deposits in the Qaidam Basin on the northern Tibetan Plateau depending on the lithium isotopes have been unveiled by researchers. And the thorough understanding of the origin and distribution of lithium brine deposits is the foundation for lithium resource exploration, development, and utilization.

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Tungsten Bar Prices in China Decline With the Impact of Coronavirus

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Analysis of latest tungsten market from Chinatungsten Online

The tungsten powder and tungsten bar prices in China continue to decline when many global industries expect a global slowdown in the second half of 2020 due to the impact of coronavirus. With the approaching of holiday of Tomb-Sweeping Day, most market participants take a watchful stance. 

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FLX Bike Launches Eco-Friendly Lithium Battery E-Bikes

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The start-up FLX Bike launches eco-friendly lithium battery e-bikes recently. The company has raised $1.3 million in crowdfunding, far-surpassing its initial $20,000 goal, in less than one day, according to foreign media reports.

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70,000 Tons of China's Tungsten Output in 2019, Over 80% of World's Total

major import resources of nonfuel mineral commodities of the US image

Per the mineral product summary 2020 data of U.S Geological Survey (USGS), the world's tungsten reserves were 3.2 million tons as of the end of 2019, of which the reserves in China were 1.9 million tons, which was the world's largest resource country; Russia, 240,000 tons, ranks second; followed by Vietnam, 95,000 tons; Spain, 54,000 tons; the United Kingdom, 44,000 tons; North Korea, 29,000 tons; Australia, 10,000 tons; and Portugal, 3100 tons.

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290,000 Tons of Global Molybdenum Output in 2019, China Accounts for Nearly 50%

global molybdenum mine production image

U.S. Geological Survey mineral product summary 2020 data shows that as of the end of 2019, the world's molybdenum reserves were 18 million tons, of which China's reserves were 8.3 million tons, which was the world's largest resource country; followed by Peru, 2.9 million tons; the United States, 2.7 million tons; Chile, 1.4 million tons; Russia, 1 million tons; Turkey, 700,000 tons; Mongolia, 210,000 tons;  Armenia, 150,000 tons; Mexico, 130,000 tons; Argentina, 100,000 tons; Canada, 100,000 tons; Uzbekistan, 60,000 tons; and Iran, 43,000 tons.

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China Tungsten Powder Prices Continue to Drop in Late March

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Analysis of latest tungsten market from Chinatungsten Online

China ferro tungsten and tungsten powder prices continue to drop in the week began on Monday March 30, 2020 due to profit cuts of products and slowdown in manufacturing output. Most market participants take a watchful stance at the end of this month. 

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Praseodymium Oxide Prices - Mar. 31, 2020

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Rare earth market quotation in China: the latest of terbium oxide, dysprosium oxide and praseodymium neodymium oxide prices are in the downward trend on Mar. 31, 2020 due to the slowdown in manufacturing industry around the globe. 

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