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. 

A newly invented coating of lithium metal batteries that overcomes some of the batteries' defects and could make the lightweight batteries safe and long-lasting, according to foreign media reports. This study is led by a team of researchers at Stanford University and SLAC National Accelerator Laboratory, and the paper was published in Joule on August 26, which will lead the birth of the next generation of electric vehicles.

Analysis of latest tungsten market from Chinatungsten Online

A steep downturn in consumer spot demand and geopolitical turmoil dragged European tungsten prices to a near three-year low, with the premium to the Chinese market narrowing, despite the yuan's depreciation this month.

Rare earth market quotation in China: the latest prices of terbium oxide, praseodymium neodymium oxide and neodymium oxide declined slightly on weak market confidence and cautious sentiment of traders. 

Molybdenum market quotation in China: the molybdenum concentrate, molybdenum powder and molybdenum prices are unchanged from last week on heavy wait-and-see atmosphere. 

Analysis of latest tungsten market from Chinatungsten Online

Chinese tungsten prices maintained stability as Fanya stock concerns continued to weigh on the market. Smelting factories remained low operating rate affected by environmental protection inspection and supported by output cuts of factories to stabilize prices. Now the whole market is still quiet in trading.

China rare earth prices showed a low-level fluctuation in the overall pattern with increased market inquiry but limited trading volumes. Recently, under the strong rectification of inspectors, high temperature and heavy rainfall weather and the “parade of blues”, the total output of most mining enterprises has declined, and the awareness of reluctance to sell has increased. 

China molybdenum prices remained weak adjustment in the week ended on Friday August 23, 2019 due to persistent stalemate in the industry chain and different sentiments of traders. The space for price decline of purchasers and a rise in selling prices was limited. 

According to the report, U.S. electric vehicle maker Tesla Inc is in advanced talks with South Korea’s LG Chem Ltd to source batteries for vehicles to be made in its Shanghai plant. As a result, it will help accelerate the layout of the high-end lithium batteries industry.