The terbium oxide, neodymium oxide and praseodymium neodymium metal prices in China rare earth market continue to rise in early August. Due to the successive introduction of national policies and the impact of high temperature and heavy rains, the supply of medium and heavy rare earth elements would continue to be tight, plus Sino-US trade frictions are escalating, the risk-aversion feeling boosts confidence in strategic metal markets, according to industry insiders. 

The molybdenum concentrate, molybdenum oxide and molybdenum power prices in China remain unchanged but show signs of rise with the impact of persistent supply shortage, strong rised mentality and active inquiry in the market. 

Northcliff Resources Ltd. has announced its Sisson Tungsten-Molybdenum Project planned for central New Brunswick has taken a major step forward, receiving a final key federal authorization for the launch of the mine.

Tungsten has biological functions—especially in heat-loving microorganisms. A team led by Tetyana Milojevic from the Faculty of Chemistry at the University of Vienna report for the first time rare microbial-tungsten interactions at the nanometer range. Based on these findings, not only tungsten biogeochemistry, but also the survivability of microorganisms in outer space conditions can be investigated. 

The PDC stars are heading Down Under to prepare for the World Series of Darts treble-header in Brisbane, Melbourne and Hamilton.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten prices remained stable in the week began on Monday August 5, 2019 as the market participants are waiting for the new tungsten forecast average prices from Ganzhou Tungsten and offer levels from listed tungsten companies. 

Rare earth market quotation in China: the latest prices of neodymium oxide, dysprosium oxide and praseodymium neodymium oxide climb slightly with the impact of good trading atmosphere and positive expects for the market outlook. 

China molybdenum prices are still in a high level on increased market inquiry, improved trading activity and eased selling pressure of traders. In the molybdenum concentrate market, although the maintenance tasks of some mining enterprises have been completed, it is still impossible to solve the problem of insufficient supply of raw materials immediately. Therefore, sellers still do not reduce product prices. 

Rare earth is the next battlefield of Sino-US trade war and USD/CNY broke through 7 recently. The US President President Trump did not agree on Tuesday that China and the US would fall into a protracted trade war, although Beijing warned Washington’s decision to list China as a currency manipulator would trigger financial market chaos.

Tungsten-molybdenum ecological industrialization of Luanchuan practiced successfully. The second phase of the APT project has been completed, which uses low-grade complex scheelite recovered from molybdenum tailings as raw material, adopts new environmental protection technology, and comprehensively recovers deep processing to obtain ammonium para tungstate, ammonium molybdate, molybdenum trisulfide, and phosphate rock powder products.