At the beginning of the week, China rare earth price generally remains within a reasonable range.

At the beginning of the week, China’s ferro molybdenum, molybdenum powder and sodium molybdate prices are unchanged from last week. Under the influence of many uncertain factors, the mentality of buyers and sellers is slightly different, that is, suppliers have strong profit-taking psychology, and buyers have general demand. 

A geological study of the Elk Creek project released by Colorado-based NioCorp estimates that the second largest rare earth mine in the US is located in Southeast Nebraska.

Neo Performance Materials Inc. recently announced that its high-purity heavy rare-earth separation plant in Jiangyin, China (JAMR) has reopened to full operations after a 12-day government-issued citywide lockdown. None of Neo's employees tested positive for the Covid virus.

Kin Mining NL recently announced final results from reverse circulation (RC) drilling at its Cardinia Hill property, which showed an extension of mineralization to include silver, copper, antimony, molybdenum, selenium, and tellurium. The property is part of Kin's wholly-owned Cardinia Gold Project (CGP), located near Leonora, Western Australia.

Vancouver-based ArcPacific Resources Corp. announced that GoldSpot Discoveries has completed its initial locational program and identified 24 target areas that show evidence of copper-gold-molybdenum-silver mineralization at the Company's LMSL Copper-Gold-Molybdenum-Silver Project (LMSL Project) where specific indicators of copper-gold-molybdenum and/or silica mineralization are present.

The tin, gold, and tungsten miner - W Resources PLC has announced the delisting of its shares from AIM trading and said it will seek to re-list on a stock exchange in the future if circumstances permit.

A recent study demonstrates that tungsten isotopes (¹⁸²W) in banded ferruginous strata can serve as a new geochemical archive and that ¹⁸²W can trace the evolution of both the mantle and the continents throughout Earth's history. This provides new opportunities to better understand the Precambrian Earth.

Analysis of latest tungsten market from Chinatungsten Online

The tungsten bar and tungsten carbide powder prices continue to keep stable on May 26, 2022, and participants start to show different attitudes toward the market outlook. 

China rare earth price was tepid in the week ended on Friday, May 27, 2022. Under the interweaving of positive and negative factors, the mentality of buyers and sellers was slightly different, which was mainly reflected in the fact that suppliers’ quotations were tentatively raised and the demand of downstream users was less than expected.