Tungsten News

Tungsten News
China’s First Rare Earth Disc Motor Intelligent Demonstration Line Put into Operation 41

Recently, the Inner Mongolia Daily reported that China’s first rare earth disc motor intelligent demonstration line has been completed and put into operation at the Rare Earth New Material Technology Innovation Center. Its first mature product—a rare earth permanent magnet axial flux motor with a thickness of only 6 millimeters—has stunned the industry with its breakthrough performance indicators. The commissioning of this intelligent production line marks a critical step forward in China’s research, development, and industrialization of high-end rare earth…

Tungsten News
Sichuan Will Intensify Exploration of Rare Earth and Other Strategic Mineral Resources 41

Recently, the General Office of the Sichuan Provincial Government issued the “Several Opinions on Deepening the New Round of Mineral Exploration Breakthrough Strategic Action to Promote High-Quality Development of the Mining Industry” (hereinafter referred to as the “Several Opinions”), which emphasizes strengthening basic geological surveys of the Panzhihua copper-iron-rare earth mines; vigorously developing advantageous industries such as vanadium-titanium, rare earth, and lithium batteries; building internationally influential vanadium-titanium and rare earth industrial clusters and domestically leading lithium battery industry clusters; and…

Tungsten News
Molybdenum Market – August 6, 2025 160

Molybdenum market update on August 6, 2025 The overall domestic molybdenum market is showing signs of stabilizing after a decline, with a mix of bullish and bearish factors creating a somewhat stagnant negotiation atmosphere between buyers and sellers. As a result, product prices are consolidating within a reasonable range, and market order growth remains slow. Today, the prices of molybdenum concentrate, ferromolybdenum, and molybdenum powder are approximately 4,200 yuan per ton-unit, 272,000 yuan per ton, and 485 yuan per kilogram,…

Tungsten News
Rare Earth Market – August 6, 2025 86

Rare earth market update on August 6, 2025 The overall domestic rare earth market continues to exhibit a sideways consolidation trend, with limited willingness among suppliers to lower prices and downstream demand falling short of expectations, resulting in no significant changes in the prices of mainstream products. Currently, the prices of neodymium oxide, erbium oxide, and dysprosium oxide are approximately 539,000 yuan per ton, 327,000 yuan per ton, and 1,650,000 yuan per ton, respectively. From the supply side, firstly, the…

Tungsten News
Tungsten Prices Remain Stable – August 6, 2025 92

Analysis of Latest Tungsten Market from Chinatungsten Online Tungsten prices have stabilized after minor fluctuations. Yesterday’s latest quotes from Jiangxi industry organizations and representative tungsten companies signaled market stability, improving the market’s recent hesitancy. Overall, sellers are less willing to offer discounts, and market bargaining space has only been moderately relaxed to maintain supply chain liquidity, but quotations remain firm. Buyers continue to adopt a buy-as-needed strategy, resulting in limited market activity. Prices of Tungsten Products on August 6, 2025…

Tungsten News
Tungsten Powder and Cobalt Powder Prices Strengthen – August 5, 2025 166

Analysis of Latest Tungsten Market from Chinatungsten Online Despite some profit-taking in the tungsten market, sellers remain firm in their offers, with little willingness to sell at lower prices, resulting in mixed market conditions. In the tungsten concentrate market, high-grade resource prices are consolidating around RMB 195,000/ton. Tight supply continues to support the market, fostering a bullish outlook. Buyers are cautiously accepting orders based on demand, resulting in limited actual market transactions. In the ammonium paratungstate (APT) market, smelter quotes…

Tungsten News
Molybdenum Market – August 5, 2025 116

Molybdenum market update on August 5, 2025 The overall domestic molybdenum market continues to exhibit a high-level decline, with the price of molybdenum concentrate decreasing by an additional 50 yuan per ton-unit, ferromolybdenum by an additional 2,000 yuan per ton, and ammonium tetramolybdate by an additional 2,000 yuan per ton. Under these conditions, industry players are focusing on the shipment dynamics of molybdenum mining enterprises and steel companies’ bidding prices for ferromolybdenum. In the molybdenum concentrate market, with supply and…

Tungsten News
Rare Earth Market – August 5, 2025 257

Rare earth market update on August 5, 2025 The overall domestic rare earth market is generally stable, influenced by factors such as weak downstream demand, persistently high overseas rare earth prices, limited imports of rare earth products in China, and varying expectations among industry players for the future. This has led to differing sentiments among light and heavy rare earth suppliers: mainstream light rare earth suppliers exhibit a strong reluctance to sell and are optimistic about price increases, while mid-to-heavy…

Tungsten News
Domestic Tungsten Prices Dip Slightly, International Tungsten Prices Stay Strong 163

Analysis of Latest Tungsten Market from Chinatungsten Online Domestic tungsten prices saw a slight decline on Monday, but the overall market remained rational. Industry insiders generally believe that moderate price adjustments will help boost transactions and mitigate some of the risks accumulated at high prices, but caution is advised to avoid a sell-off that could trigger a price collapse. The price of 65% wolframite concentrate was quoted at 194,000 yuan/ton. Industry confidence remains strong, and with limited market resources, prices…

Tungsten News
Molybdenum Market – August 4, 2025 185

Molybdenum market update on August 4, 2025 At the beginning of the week, the overall focus of domestic molybdenum prices continued to shift downward, with the price of molybdenum concentrate decreasing by approximately 60 yuan per ton-unit, ferromolybdenum by approximately 4,000 yuan per ton, and ammonium tetramolybdate by approximately 2,000 yuan per ton. From the perspective of bullish factors, on one hand, production costs provide strong support for molybdenum prices; on the other hand, the reduced output from some molybdenum…

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