Vietnam to Become Focus for New Rare Earths Supply

The rare earths minerals image

According to the U.S. Geological Survey (USGS), Vietnam is estimated to have the world's second largest mineable rare earth resource after China, with reserves of 22 million tons, compared to China's 44 million tons. North Korea holds the world's largest deposits, but sanctions have prevented the resource from being exploited in the global rare earths supply chain.

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Norway Discovers Rare Earths on Sea Floor

The Norwegian Petroleum Directorate building in Stavanger image

Norway has discovered a "substantial" of metals and minerals ranging from copper to rare earths on the seabed of its extended shelf. These resources are of high interest for their role in the transition to a green economy. The Nordic country, a major oil and gas exporter, is considering whether to open its offshore areas to deep-sea mining, a process that requires parliamentary approval and raises environmental concerns.

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China Tungsten Price Rose Before Inhibition in the First Quarter of 2023

tungsten ore image

Analysis of latest tungsten market from Chinatungsten Online

In the first quarter of 2023, China tungsten price generally showed a trend of rising first and then falling, mainly due to the negative change in market fundamentals and the continued impact of uncertainties such as international economic pressure, geopolitical issues and extreme weather events. 

Read more: China Tungsten Price Rose Before Inhibition in the First Quarter of 2023

How Tungsten Can Help Make Nuclear Fusion Energy A Reality

Nuclear fusion energy image

Researchers at Pacific Northwest National Laboratory (PNNL) and Virginia Polytechnic Institute and State University are using tungsten (W) materials research to achieve the goal of generating energy through nuclear fusion. In the paper, published in the journal Scientific Reports, the researchers propose improving tungsten heavy alloys by mimicking the structure of sea shells to make nuclear fusion energy.

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Holmium Oxide Prices - April 3, 2023

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Rare earth market quotation in China: holmium oxide, dysprosium oxide and terbium oxide prices edge higher on April 3, 2023. 

Read more: Holmium Oxide Prices - April 3, 2023

 

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