China molybdenum prices start to show signs of rise in early July. firstly, downstream molybdenum concentrate prices keep at a relatively high level with active inquiry; secondly, some mainstream mining enterprises would stop production to undergo repair and with the approaching of second round of environmental protection inspection, the raw material markets are supported; finally, prices and quantity of steel tenders for ferro molybdenum increase, which boosts market sentiment. 

New national policy for tungsten and molybdenum has been issued: cancel the prohibition of foreign investment in molybdenum exploration and mining, and encourage foreign investment in tungsten and molybdenum deep processing industry.

THE PDC's 2019 World Series of Darts begins this week, with Las Vegas set to host the Dafabet US Darts Masters and Dafabet North American Championship.

Like many of the 35 minerals and metals deemed critical to the United States, China controls the new tungsten coming into global markets.

Analysis of latest tungsten market from Chinatungsten Online

Surplus supply has weighted on tungsten concentrate and ammonium paratungstenstate (APT) prices over the past couple of months in the Chinese market and is expected to further press transaction prices over the next two months as heavy rains in Jiangxi province have reduced production by around 20opc. 

Rare earth market quotation in China: the latest prices of praseodymium oxide, lanthanum oxide and praseodymium neodymium oxide remain stable due to quiet market in early July. For medium and heavy rare earth elements, most insiders think the market would continue its upward trend after a slight decline; and for light rare earth elements, oversupply still worries people and market trading seems down, so the market is weak at present. 

Molybdenum market quotation in China: the latest prices of molybdenum concentrate, molybdenum oxide and molybdenum bar maintain stability in early July on tightening availability of raw materials but persistent weakness in the demand side. Traders keep stable sentiment, waiting for the moves in fundamentals, policy, and news.

Estimates vary, but it’s likely that China controls more than 80% of the world’s tungsten production.

A group of researchers at tungsten specialist Wolfmet, Manchester, UK, have developed a method to additively manufacture complex tungsten components for high-precision applications such as collimators and radiation shields in CT, SPECT, MR and X-ray imaging systems.

Huge reserves of tungsten mine creates value as well as brings a resource crisis, just like China's rare earth events, policy makers have realized the seriousness of the problem and introduced corresponding protection measures.