China molybdenum price kept firm in April 2022 on the whole, according to Chinatungsten Online. Specifically, the transaction volume and price of molybdenum market increased in the first half of April. 

Meryllion Resources Corporation announced that it has entered into an agreement with Essex Minerals Inc. for an arm's length option and revenue joint venture on the Mt Turner copper-molybdenum and Drummer Fault gold projects in northern Queensland, Australia.

Research available as a pre-proof in the journal Materials Chemistry and Physics demonstrates the feasibility of using 2D molybdenum disulfide/graphene oxide quantum dot nanocomposites (2D MoS₂/GOQD nanocomposite) as a sensing material for humidity sensor.

Analysis of latest tungsten market from Chinatungsten Online

The tungsten bar and tungsten powder prices in the Chinese market maintain stability as the trading sentiment is greatly affected by the continued spread of COVID-19. With the approaching of May Day holiday, the market is expected to stabilize in the short term.

Masan High-Tech Materials Corporation has announced an 86 percent increase in its net income to more than VND13.5 trillion ($586.9 million) in 2021, thanks to a merger with a German tungsten producer and a rise in tungsten prices last year.

Tungsten producer Group 6 Metals (ASX: G6M) is reopening its Dolphin tungsten mine at King Island off Tasmania and hopes to start producing concentrate early next year as planned.

Analysis of latest tungsten market from Chinatungsten Online

The tungsten powder and ammonium paratungstate (APT) prices in the Chinese market are weak on April 26, 2022. On the one hand, the market supply and demand fundamentals are weak as the epidemic has affected the raw material consumption at the cemented carbide end to a certain extent. Buyers are not willing to take the initiative to receive goods and constrained logistics capacity further affects the market's trading activity.

China’s domestic rare earth prices were partially stable, with some minor adjustments in the second half of April, 2022. Affected by the bullish and bearish factors, traders entered the market with low sentiment, resulting in slow growth of market orders and lack of motivation to increase transaction prices. 

Molybdenum market quotation in China: sodium molybdate, ammonium molybdate and ammonium heptamolvbdate prices are weak on April 27, 2022 as the liquidity is slow and traders are not high in trading. 

China is a major producer of rare earth elements (REEs), with 60% of the world's supply, and its share of production used to be around 95%, but after the rise in rare earth prices in 2009, other countries, including Australia, which is the fourth largest producer in the world, accounting for 8% of REE production, started mining REEs.