China’s ferro molybdenum, molybdenum concentrate and oxide prices edge higher on December 22, 2021. In the context of low raw material inventories and acceptable steel tender prices, many suppliers are reluctant to sell and have a strong rised sentiment. Most insiders have greater expectations for the market outlook.

White Cliff Minerals Lt has initiated its first lithium and rare earth exploration campaign at its Yinnetharra project, located approximately 100 kilometers northeast of Gascoyne Junction, Western Australia. The helicopter-supported field campaign is part of the company's plan to aggressively advance its recently developed battery metals portfolio, which could grow to include nearly a dozen projects.

Analysis of latest tungsten market from Chinatungsten Online

China tungsten price remains stable at the beginning of the week despite some raw material suppliers try to raise their offers. Downstream enterprises are not active in stocking up at the end of the year and the whole market is caught in wait-and-see atmosphere. 

Australian Prime Minister Scott Morrison recently hosted South Korean President Moon Jae-in, while Mr. Moon met with several key Australian executives, as well as companies such as Strategic Materials Australia, a New South Wales rare earths miner that is building a $50 million ($70 million) plant in South Korea to produce metals for use in magnets.