The rare earths market has been in comparison with semiconductors in recent years.  However, rare earths and semiconductors seem to be incomparable in terms of industrial scale. Petroleum is the 'blood' of industry, the chip is the 'food' of industry, and the rare earth is the 'vitamin' of industry. Globally, the Middle East controls the petroleum, the United States controls the chip, and China occupies most of the 'vitamin' market.

The United States seeks support from allies and joins hands with Japan, India, Australia, Canada and other countries to establish rare earth procurement and supply chains to reduce its dependence on China's rare earths. Especially under the trend of electric vehicles, aluminum is an important raw material. And Mitsubishi Corporation of Japan announced that it will acquire a 30% stake in the Australian Aurukun mine owned by Swiss resource giant Glencore to strengthen its aluminum smelting business.

Recently, the EASYTO·1098 heat-insulating rare earth glass coating of the Northern Rare Earth Institute was listed as the first batch of new materials at the Inner Mongolia Autonomous Region level in 2020. The coating could be applied on the surface of the glass directly, in addition to blocking solar radiation, it can also achieve the effects of heat insulation, heat preservation, and energy saving when combined with hollow glass.

Analysis of latest tungsten market from Chinatungsten Online

The ferro tungsten and tungsten bar prices in China continue to maintain stability in late March owing to low buying appetite of buyers and strong rised mentality of suppliers. 

Rare earth market quotation in China: DyFe and dysprosium oxide prices rise while europium oxide price is unchanged from the previous trading day as buyers and sellers are different in their operations. 

Prices of molybdenum products in China continue to remain stable on March 25, 2021 because the decline in international molybdenum price has dented domestic market confidence, and the demand is weak as well. 

Analysis of latest tungsten market from Chinatungsten Online

Prices of tungsten intermediate products in China dropped slightly this week after reaching 17-month highs in early March as suppliers destocked to take profits and the decline in new average tungsten forecast prices also dented market confidence. 

Rare earth market quotation in China: terbium oxide, neodymium oxide and cerium oxide prices climb on March 24, 2021 owing to following favorable factors. 

China molybdenum price continues to maintain stability on March 24, 2021 due to quiet market trading and cautious market sentiment. Molybdenum concentrate price stands at 1,730 yuan/ton and sellers are reluctant to reduce prices.

Southern Marine Science and Engineering Guangdong Laboratory (Guangzhou) (hereinafter referred to as Guangzhou Marine Laboratory) research revealed the rare earth enrichment mechanism of deep-sea sediments and its influencing factors. The related study was recently published online in Minerals.