Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten powder prices in China keep stable early in this week. Although trading in the raw material side seems not increased, raw material manufacturers try to raise product offers. 

Terbium oxide, neodymium oxide and praseodymium neodymium metal prices in China continue to edge higher thanks to active inquiry from downstream. But actual transactions are limited as most product prices are in a relatively high level. 

The ferro molybdenum and molybdenum concentrate prices in China climb slightly under deadlocked supply and demand with the impact of many uncertainties. Upstream sellers are not willing to cut prices while buyers can not accept high products. 

Scientists at Penn State University say a new way to treat acid mine drainage (AMD) can help turn environmental pollution issues into an important domestic source of important rare earth elements needed to produce technologies ranging from smartphones to fighter jets.

British Cornish Lithium has raised nearly 1 million pounds for lithium exploration in Cornwall, which is called the "gold rush" in the 21st century. The company has raised just over £826,000 from shareholders for continuing exploration for lithium in Cornwall, in both geothermal waters, and hard rock and will build on the successful drilling programs that concluded earlier this year.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price was in the upward trend in the week ended on Friday August 7, 2020 but market trading seems quiet. With the increase in new average tungsten forecast prices from listed companies and associations, the market was boosted. 

Rare earth market quotation in China: the prices of terbium oxide, neodymium oxide and praseodymium neodymium oxide continue to rise in the week began on Monday 10, 2020 thanks to active inquiry from the downstream. But most suppliers are reluctant to sell, waiting for the best moment for maximum product profits. 

Molybdenum market quotation in China: the prices of ferro molybdenum, molybdenum concentrate and molybdenum powder maintain stability early in this week owing to deadlocked supply and demand. 

Recently, the research group of Xiamen University has made new progress in the module assembly of high nuclear rare earth-transition metal (3d-4f) clusters. The relevant study titled: “Synthetic Protocol for Assembling Giant Heterometallic Hydroxide Clusters from Building Blocks: Rational Design and Efficient Synthesis" was published in the Matter journal under Cell Publishing.

It was reported that Europe's lithium resources are mainly located in Serbia (Jadar deposit), Portugal, Spain, Finland, and Austria. In France, they can be found in the Massif Central (Beauvoir and Montebras granites, etc.) and the Armorican Massif.