On August 18, 2025, the Jiangxi Provincial Department of Natural Resources reported that, in terms of strategic mineral exploration, during the "14th Five-Year Plan" period, the provincial fiscal budget allocated 712 million yuan, funding 230 geological exploration projects. To date, 44 new mineral deposits of strategic importance have been discovered province-wide, including 10 large-scale, 12 medium-scale, and 22 small-scale deposits. Significant breakthroughs have been achieved in finding lithium ore, ion-adsorption rare earth, and fluorite.

According to CTIA GROUP LTD Online, the Henan Provincial Department of Natural Resources proposes to adjust the tungsten mining utilization target set in the "Henan Provincial Mineral Resources Master Plan (2021-2025)" from an annual output of 11,750 tons to "implemented according to quotas issued by the Ministry of Natural Resources," with the indicator nature remaining "binding."

Analysis of Latest Tungsten Market from Chinatungsten Online

Tungsten ore prices have surpassed RMB 220,000! APT prices have reached RMB 330,000! Tungsten powder prices have surpassed RMB 500,000! Crazy Friday is here again!!!

Molybdenum market update on August 22, 2025

The domestic molybdenum market is showing an overall positive performance. Amid a mismatch in supply and demand, the price focus for most molybdenum products continues to shift upward slightly, with molybdenum concentrate and ferromolybdenum prices increased by approximately 20 yuan per ton-unit and 1,000 yuan per ton, respectively. Currently, industry insiders are primarily focused on the shipment status of molybdenum mining companies and the tendering dynamics of steel enterprises.

According to CTIA GROUP LTD Online, based on data compiled from the General Administration of Customs, China’s molybdenum product imports in July 2025 totaled 6,657.68 tons, increased by 2.74% month-on-month, and increased by 53.94% year-on-year; the import value was 961 million yuan, increased by 1.67% month-on-month, and increased by 67.36% year-on-year.

According to CTIA GROUP LTD Online, based on data compiled from the General Administration of Customs, China’s molybdenum product imports from January to July 2025 totaled 47,759.19 tons, increased by 25.80% year-on-year; the cumulative import value was 6.947 billion yuan, increased by 34.29% year-on-year.

Molybdenum market update on August 21, 2025

The domestic molybdenum market is showing an overall positive performance. Amid a mismatch in supply and demand, the price focus for most molybdenum products continues to shift upward slightly, with molybdenum concentrate and ferromolybdenum prices increased by approximately 20 yuan per ton-unit and 1,000 yuan per ton, respectively. Currently, industry insiders are primarily focused on the shipment status of molybdenum mining companies and the tendering dynamics of steel enterprises.

Analysis of Latest Tungsten Market from Chinatungsten Online

The tungsten market remains active, but the overall upward trend has moderated. 

Molybdenum market update on August 20, 2025

The domestic molybdenum market continues to maintain a steady yet slightly strong operation, primarily reflected in the reasonable enthusiasm of traders for market participation, varying degrees of price increases for mainstream products, and a relatively significant actual transaction volume.

Analysis of Latest Tungsten Market from Chinatungsten Online

In recent days, tungsten prices have been rising rapidly by RMB 5,000-10,000/ton per day.