Analysis of latest tungsten market from Chinatungsten Online

China tungsten price continues its stability on February 23, 2022 in the wake of rational purchasing sentiment of buyers and prominent cost pressure faced by manufacturers. In the short term, the market is expected to be quiet when opportunities and risks coexist on the policy side.

Group 6 Metals (G6M) is committed to redeveloping its Dolphin tungsten mine in an environmentally sustainable manner, with environmental protection at the core of its activities.

Senators Tom Cotton (R-AR) and Mark Kelly (D-AZ) introduced the Restoring Essential Energy and Security Holdings Onshore for Rare Earths ("REEShore") Act – the bipartisan bill to protect the United States from the threat of rare earth elements supply disruptions, encourage domestic production of these elements, and to reduce dependence on China.

Analysis of latest tungsten market from Chinatungsten Online

The ammonium metatungstate (APT) and tungsten powder prices in the Chinese market continue to stabilize. On the one hand, with the gradual resumption of mining enterprises and smelting factories, market supply increases and more traders consider profit-taking; 

China’s domestic rare earth price is stable and firm on the whole on Feb. 23, 2022. Although the current price of rare earth raw materials is relatively high, downstream users maintain a cautious attitude in buying, and transactions are sparse, but it is still difficult to offset the strong quotation brought by many favorable factors to suppliers.

China’s domestic molybdenum market remains quiet on the whole on Feb. 23, 2022. After a large-scale purchases and shipments in these two weeks, traders have slowed down their purchasing, and thus market price and orders show on increase. 

American Rare Earths Ltd (ARR) has partnered with leading U.S. research and development institutions to develop new rare earth processing technology for bio-based, sustainable rare earth element (REE) extraction, separation, and purification.

Analysis of latest tungsten market from Chinatungsten Online

At the beginning of the week, China tungsten price remained stable when the supply returned to normal and weakness demand continued after the Lantern Festival and the Winter Olympics. In addition, the new guide prices for the second half of this month tend to be cautious. 

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price remained stable on the whole in the week ended on Friday, February 18, 2022. Enterprises gradually resumed operation after the Lantern Festival, and supply of raw materials increased. 

At the beginning of the week, China’s neodymium oxide, lanthanum oxide and cerium oxide prices are unchanged from previous week.