Hochschild Mining's rare earths spin-off, Aclara Resources, will begin trading in Toronto under the symbol "ARA" after receiving C$123.5 million (US$96.4 million) in funding for its initial public offering.

Government representatives from Saudi Arabia, Nigeria, and Kyrgyzstan told a mining and finance conference in London this week that they are seeking new investors to develop their mining GDP, including tungsten, molybdenum, and other mining industries. Both Saudi Arabia and Nigeria aim to use the mining sector to reduce their economic dependence on oil, they said, with plans for an auction program for mineral deposits in the near future and, in the case of Nigeria, next year.

The VanEck Rare Earth/Strategic Metals ETF hit a new high for the year in 2021 as investors seek diversification and an influx of money into ETFs. The VanEck Rare Earths/Strategic Metals ETF (REMX) has been one of the best performing funds in its category over the past several months.

Analysis of latest tungsten market from Chinatungsten Online

Ferro tungsten and tungsten carbide powder prices in the Chinese market maintain stability on December 9, 2021 as the market is caught in heavy wait-and-see atmosphere.