Molybdenum Market Update - March 17, 2025

Molybdenum wire picture

Molybdenum wire picture

Molybdenum market update on March 17, 2025

At the beginning of the week, the domestic molybdenum market in China continued to exhibit a slight downward trend overall, with prices of molybdenum concentrate, ferromolybdenum, and molybdenum oxide dropping by approximately 10 yuan, 1,000 yuan, and 10 yuan, respectively.

Read more: Molybdenum Market Update - March 17, 2025

The Tungsten Concentrate Output of Youmapo Tungsten-Molybdenum Mine after the Production Process Has Attracted Attention

Picture of tungsten-molybdenum mine

Picture of tungsten-molybdenum mine

Recently, according to a report from China Mining News, in Jingkou Town, Bobai County, Guangxi Zhuang Autonomous Region, the project team of the Guangxi Sixth Geological Team, working on the "Geological Survey and Evaluation of the Daqiao-Ningtan Tungsten-Molybdenum Polymetallic Deposit in Luchuan County and Bobai County, Guangxi," is carrying out drilling operations for the final borehole. The sounds of drilling and machinery resonate loudly as the team lowers and retrieves the drill.

Read more: The Tungsten Concentrate Output of Youmapo Tungsten-Molybdenum Mine after the Production Process...

Hubei Scheelite Concentrate Average Price Increased in January 2025

Picture of tungsten concentrate

Picture of tungsten concentrate

Recently, according to information from the official website of the Hubei Provincial Department of Natural Resources, in January 2025, the average price of 65% white tungsten concentrate in Hubei was 143,279 yuan/ton, reflecting a month-on-month increase of approximately 1.16% and a year-on-year increase of about 17.47%. The average price of 60% white tungsten concentrate was 142,279 yuan/ton, up approximately 1.17% month-on-month and 17.62% year-on-year. The average price of APT (ammonium paratungstate) was 211,912 yuan/ton, showing a month-on-month increase of about 0.86% and a year-on-year rise of approximately 17.00%. The average price of tungsten carbide powder was 311,235 yuan/ton, with a month-on-month increase of about 0.46% and a year-on-year rise of approximately 16.53%.

Read more: Hubei Scheelite Concentrate Average Price Increased in January 2025

Molybdenum Disulfide: Opening a New Chapter in the Preparation of 2D Metal Material

Single-layer metal bismuth encapsulated by single-layer molybdenum disulfide (Image source: Institute of Physics, Chinese Academy of Sciences)

Single-layer metal bismuth encapsulated by single-layer molybdenum disulfide (Image source: Institute of Physics, Chinese Academy of Sciences)

In the vast field of materials science, two-dimensional (2D) material has long been a focal point of cutting-edge research. Since the discovery of single-layer graphene in 2004—an event akin to dropping a massive stone into a calm lake, sending ripples in all directions—the family of 2D materials has rapidly expanded. To date, hundreds of experimentally accessible 2D materials have been identified. However, for a long time, these 2D materials were largely confined to layered material systems. Metals, which hold a significant position in the materials world, are mostly non-layered materials. Reshaping metals into 2D forms has thus posed a major challenge to the scientific community.

Read more: Molybdenum Disulfide: Opening a New Chapter in the Preparation of 2D Metal Material

2025 Hubei Tungsten and Molybdenum Mining Rights Transfer Income Market Benchmark Price

Tungsten Mine Picture

Tungsten Mine Picture

To further implement the spirit of the "Notice of the Ministry of Finance, the Ministry of Natural Resources, and the State Taxation Administration on Issuing the 'Measures for the Collection of Mineral Rights Transfer Proceeds'" (Cai Zong [2023] No. 10) and the "Notice of the General Office of the Ministry of Natural Resources on Issuing the 'Guidelines for Formulating Market Benchmark Prices for Mineral Rights Transfer Proceeds'" (Zi Ran Zi Ban Han [2023] No. 1905), the Hubei Provincial Department began updating and adjusting the market benchmark prices for mineral rights transfer proceeds in 2025 for 25 mineral types listed in the "Mineral Catalogue" of Cai Zong [2023] No. 10, including tungsten, molybdenum, gold, copper, and phosphorus. This effort resulted in the "2025 Hubei Province Research Results on Market Benchmark Prices for Mineral Rights Transfer Proceeds for 25 Mineral Types Including Gold, Copper, and Phosphorus (Draft for Comments)."

Read more: 2025 Hubei Tungsten and Molybdenum Mining Rights Transfer Income Market Benchmark Price

 

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