China to Impose Rare Earth Sanctions on US Lockheed Martin

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According to China's Global Times, China announced that it would impose rare earth sanctions on the US arms manufacturer Lockheed Martin for reaching a pre-agreement worth $620 million with Taiwan for repairing and refurbishing PAC-3 missiles. China would cut off the supply of materials, including rare earths, and restricting Lockheed Martin's material suppliers' operations in China.


Sigma's $45 Million Project Finance Beneficial for Lithium Industry

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SIGMA Lithium Resources Corporation (Sigma) is pleased to announce the signing of a term sheet for a US$45 million senior secured project finance facility to be led by Societe Generale. The Bank Project Finance Facility will be used for the construction and development of the Company's world-class and green Li Grota do Cirilo project in Minas Gerais, Brazil.


Two Ministries: Continue to Control Total Amount of Rare Earth and Tungsten Mines

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In order to protect and rationally develop rare earth and tungsten mines, Ministry of Natural Resources of the People's Republic of China and Ministry of Industry and Information Technology of the People's Republic of China announce that China will implement total mining control on rare earth ore (REO) and tungsten concentrates in 2020. The total mining control index for rare-earth minerals in China will be 140,000 tons in 2020. China's total tungsten-concentrate mining control index is 105,000 tons.


Progress of Lithium Extraction from Seawater

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Lithium extraction from seawater may address the growing demand for lithium of the booming electric vehicle sales in the future. However, lithium, the light metal, which is essential for making power-packed rechargeable batteries, isn't abundant in land, while in marine water is plenty. To address the resource issue, scholars report a major step toward tapping a virtually limitless lithium supply: pulling it straight out of saltwater.


Cesium Tungsten Bronze Price Stabilizes When Buying Appetite Outside of China Remains Weak

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Analysis of latest tungsten market from Chinatungsten Online

The tungsten carbide powder and cesium tungsten bronze prices in China keep stable in the week began on Monday July 20 when the whole market is weak under the pressure from the effects of Covid-19. Most insiders are waiting for the new guide prices from tungsten institutions and listed companies. 


Tungsten Trioxide May Accelerate the Process of Cobalt-free Batteries

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At present, tungsten trioxide nanoparticles, which are relatively reasonably priced and relatively loose in spot supply, may accelerate the production process of cobalt-free batteries.


Rare Earths Miner MP Materials of US to Go Public in $1.47 Billion Deal

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The US rare earths miner MP Materials will merge with a private equity-backed "blank check" company to be publicly listed at $1.47 billion, underscoring Wall Street's rising interest in efforts to boost production of the strategic minerals. According to a Reuters report.


Rice University Develops Tape to Make Lithium Batteries Better

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Sticky bits make better lithium batteries. Rice University's scientific research team used tape as an entry point and combined with some advanced laser technology, developed a promising new electrode material. This material can overcome the long-standing problems of current lithium batteries and is expected to greatly improve the performance of the battery.


China Tungsten Price Was in the Upward Trend in the Middle of July

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Analysis of latest tungsten market from Chinatungsten Online

China tungsten price was in the upward trend in the week ended on Friday July 17, 2020 in the wake of boosted market confidence and good expectation for the supply and de sides. However, considering the instability in the economy and relatively weak demand, deals are hard to increase in the short term. 


China Terbium Oxide Price - July 20, 2020

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Rare earth market quotation in China: terbium oxide price climbs slightly while lanthanum oxide and praseodymium oxide prices remain stable in late July. Under the influence of many uncertain factors, both the supply and demand sides are weak. Participants mostly maintain cautious operations and focus on on-demand procurement.