Basalt is as precious as rare earth for its advantages of uniform structure, high hardness, and small porosity and can be applied in various vital industrials. According to relevant statistics, there are a large number of deposits in different areas in China, such as Qinling Mountains, Qilian Mountains of Gansu, Datong of Shanxi. In only 50 square kilometers in Datong, is estimated to have a storage capacity of 18 billion tons and an estimated value of 300 billion yuan, the reserves are extremely impressive!

Tungsten carbide is widely used in aerospace, petroleum, metallurgy, machinery and other fields because of its high hardness, wear resistance, high temperature resistance and corrosion resistance. In general industrial applications, we call it cemented carbide coating. Usually, tungsten carbide/cobalt is used as raw material to form a protective layer on the surface of nickel or iron-based materials by supersonic spraying, which can increase wear resistance and service life. In principle, the implementation cost of this kind of process is not cheap, but relative to the damage and replacement cost of the whole parts, the savings are considerable. In the field of aerospace engine research and development, surface-enhanced coating is one of the most attractive technologies. Tungsten carbide is an important basic coating material for aircraft parts.

The US is negotiating with Australia host a facility that would process rare earths to reduce reliance on China for the specialized materials used in military equipment, according to Reuters' report on August 26, local time.

"Tungsten ore battle" is being staged in "Battlefield Infatuation" recently, which is directed by Yi Hai, starring of Bo Yu, Qianyu Wu, Shuguang Gao, Dekai Liu, etc., tells the life and death contest of young revolutionaries headed by Wenqing He with the Nationalist Party and the Japanese after the defeat of Great Revolution during the economic war.

Analysis of latest tungsten market from Chinatungsten Online

The tungsten powder and ammonium metatungstate (APT) prices in China maintain stability when the auction of ammonium paratungstate stocks from the bankrupt Fanya metal exchange remains unclear. 

China rare earth prices continue to be in the upward trend because market inquiry becomes active despite of relatively low trading. Recently, in the context of increasing eco-environmental protection, the rectification of the rare earth industry, and the typhoon weather, high temperature and heavy rainfall, the release of production capacity of rare earth enterprises has decreased slightly compared with the first half of the year, and the spot supply has tightened. Most of the holders hold the goods. The industry has great hopes for the future market.

The European molybdenum markets fell in trading this week to a six-month low, with suppliers cutting their offer prices in the face of stubborn resistance among consumers against paying more.

Analysis of latest tungsten market from Chinatungsten Online

The Chinese tungsten market is expected to come under downwards pressure from a possible auction of ammonium paratungstate (APT) stocks from the bankrupt Fanya metal exchange.

Rare earth market quotation in China: the latest prices of praseodymium oxide, dysprosium oxide and praseodymium neodymium metal are unchanged from the previous trading day on imbalanced supply and demand in the market and cautious sentiment of traders. 

The molybdenum powder, molybdenum oxide and sodium molybdate prices in China keep stable owing to persistent weakness in the demand side and quiet market trading. Under the shortage of molybdenum concentrate and continued low trading activity, smelting factories are hard to quote.