Rare earth market quotation in China: praseodymium oxide, dysprosium oxide and praseodymium neodymium oxide prices have shifted downward. The atmosphere of negotiation between buyers and sellers is slightly stalemate, so the transaction is less than expected and the market outlook may remain weak.

China’s domestic molybdenum market maintained a stable operation as a whole. Under the situation of relatively balanced supply and demand, the mood of traders entering the market was temporarily stable, so the transaction was good.

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China’s domestic tungsten price continues to remain stable as the demand in both domestic and overseas markets are weak affected by Russia-Ukraine conflict, increased supply pressure on energy and metal supplies and soaring commodity prices. 

The Hemerdon tungsten and tin mine in Devon of Tungsten West will be subject to public consultation as it may reach a throughput of 300 movements per day. The Hemerdon mine is being taken over by Tungsten West in 2019, and by 2026, potentially 300 vehicles a day will be passing through the site.

With rapid industrialization, some Molybdenum (Mo) and Rhenium (Re) based alloy scrap is generated in successive preparation, manufacturing, and application processes. The separation and purification from secondary resource with high concentrations of Mo and Re shows great potential for recovery.

Electron microscopes generate images by bombarding samples with electrons and then converting the results of this interaction into visual images. In order to form an image, the generated electrons need to be tightly controlled.

Analysis of latest tungsten market from Chinatungsten Online

Chinese ferro tungsten exporters are pushing for higher prices in the week ended on Friday, March 11, 2022 due to tight spot supplies in both the domestic and overseas markets, with a sharp increase in inquiries from abroad.  

Rare earth market quotation in China: terbium oxide, dysprosium oxide and praseodymium neodymium metal prices edge lower at the beginning of the week affected by weak demand and supply. 

Molybdenum market quotation in China: ferro molybdenum, molybdenum powder and bar prices go up slightly at the beginning of the week. Under the influence of factors such as the slack supply of molybdenum concentrate, the rising price of steel and the continuous increase in the international molybdenum market, traders are generally active when entering the market. 

Tungsten West is currently raising cash to re-operate the Plymouth Tungsten Mine with plans to increase production at the site, which has the second-largest tungsten reserves in the Western Hemisphere. The company is moving forward with developing its aggregates business, an operation that is currently challenged by the need to increase the number of trucks traveling to and from the site.