Analysis of latest tungsten market from Chinatungsten Online

Tungsten wire for diamond wire busbar is now available. The above quoted price is for reference only and the last price will be calculated according to the diameter, quantity and other requirements. If you have got any purchasing plans, please feel free to contact us.

Rare earth market quotation in China: dysprosium oxide and DyFe prices decline slightly while lanthanum oxide price remains stable on June 22, 2022.

Molybdenum market quotation in China: sodium molybdate, ammonium molybdate and ammonium heptamolvbdate prices are unchanged from the previous trading day on June 22, 2022.

Rare-earth permanent magnets are essential in modern life, and it is crucial to research improved magnet production and rare earth recovery technologies to reduce dependence on scarce elements, and microbial methods are a green recycling technology.

Rare earths play a critical role in green electronics and devices due to their specific chemical and physical properties, and there are three common ways to quantify electronic waste in rare earth recycling. Rare earths are a group of 17 metals (scandium, yttrium, and 15 other lanthanides) that are widely used in new technologies (cell phones, wind turbines, LCD screens, batteries). Applied in small amounts, these metals also enhance the physical or magnetic properties of strong other materials.

1. The Total Consumption Scale, Import and Export Calculation of Cutting Tool Market of China in 2021

The tool branch of China Machine Tool & Tool Builders’ Association (CMTBA) has calculated the total consumption scale and import and export volume of China's tool market in 2021 based on the investigation and analysis of the statistical data of member department, customs data, tool raw material statistical data, tool gathering area data, etc.

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price maintains stability as the market keeps quiet. Faced with the challenges of the epidemic, the conflict between Russia and Ukraine, and extreme weather events, market participants are mostly cautious, waiting for new guide prices from state-owned tungsten companies. 

The European Raw Materials Alliance (ERMA) has announced that it will support Greenland Resources Inc. in securing financing for the Malmbjerg molybdenum project and strengthening its relationship with downstream molybdenum users in the EU industrial ecosystem. Europe is currently the world's second-largest user of molybdenum but has no production of its own, and the development of the Malmbjerg molybdenum mine may change that.

Elementos Ltd has confirmed major tin (Sn) and tungsten (W) extensions at the Battery Sn-Cu zone and the deeper Foley W zone at its Cleveland tin project in Tasmania. The company has received satisfactory exploration results from a recently completed exploration diamond drill program, including 14.2 meters of tungsten trioxide intersections from 221 meters and 3.85 meters of 1.05% Sn and 0.28% copper Sn-Cu intersections from 64.25 meters.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price was in the downward trend in the week ended on Friday June 17, 2022 with the impact of continued weakness in the demand side despite of economy growth.