The europium oxideand praseodymium oxide prices in Chinese rare earth market are unchanged from the previous trading day owing to thin market trading and heavy wait-and-see atmosphere. For light rare earth market, the overall trading activity has increased slightly. During the National Day, the market is expected to stop production and emission reductions. In addition, due to the end of the traditional off-season, the holders will slowlyriseproduct prices. 

The China molybdenum price will continue to maintain a strong trend when the spot trading market is relatively stable, and the low-cost supply in the market is hard to find. In the molybdenum concentrate market, the overall transaction situation is relatively good. Although the mine maintenance work has been over for some time, due to the news of the military parade and the high temperature and flood season, the supply of raw materials will continue to be in shortage, and the manufacturers' quotations remain high. 

Tungsten and rare earth led new material industries in Jiangxi Province got lots of progress: 15,000 tons of electrolytic copper foil's expansion project produced by Jiangxi Copper was officially launched, 1450mm high-strength of new steel single-stand reversing mill unit was successfully tested for a thermal load.

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.