Tungsten News

Tungsten News
Inner Mongolia Shamai Tungsten Mine: Wolframite Metal Content Surpasses 40,000 Tons 48

Recently, the 514 Geological Brigade of the North China Geological Exploration Bureau announced that the resource verification report for the Shamai Tungsten Mine project, implemented by its Mineral Exploration Institute, has successfully passed the expert review by the Ministry of Natural Resources. Exploration revealed the immense potential of the Shamai Tungsten Mine, with resource reserves reaching a new high and the discovery of associated minerals like silver. The total identified wolframite metal content exceeds 40,000 tons, with newly added resources…

Tungsten News
Fujian Sanjingjue Tungsten Mine Inspection Achieves Excellent Results 30

The Fujian Provincial Department of Natural Resources recently announced that the Tungsten Exploration Project in the Sanjingjue tungsten mine of Shaowu City and the 1:50,000 Songkouping Regional Mineral Geological Survey Project in Fujian have both passed their field inspections with an excellent rating. The Tungsten Exploration Project in the Sanjingjue Mining Area of Shaowu City, undertaken by the Fujian Minbei Geological Brigade, is a strategic mineral exploration project commissioned by the Provincial Department of Natural Resources in 2024. The project…

Tungsten News
Tungsten Prices at a Crossroads – May 20, 2025 153

Analysis of Latest Tungsten Market from Chinatungsten Online Tungsten prices are at a high level and sideways, and the psychological game of all parties in the industrial chain has intensified. Under the resonance of tight supply and strategic premium, the mentality of holders remains strong; buyers are unable to fully pass on costs due to weak orders, and are not willing to accept goods; in addition, participants are wary of external capital withdrawal and some speculative inventory selling pressure. The…

Tungsten News
Tungsten Prices Stay High, Market Stays Calm 94

Analysis of Latest Tungsten Market from China Tungsten Online Based on decades of market experience and multi-party communication, China Tungsten Online believes that the current sharp rise in tungsten prices in the short term lacks strong support from supply and demand: tungsten miners are profitable and actively producing; smelters are trying to avoid risks and purchase raw materials on demand; alloys are cautious and try to consume inventory. In the absence of incremental demand stimulation, the overall order volume of…

Tungsten News
Molybdenum Market Update – May 19, 2025 100

Molybdenum market update on May 19, 2025 At the beginning of the week, the domestic molybdenum market in China maintained stable operations, with a mix of bullish and bearish factors creating a slightly stalemated negotiation atmosphere between buyers and sellers. This has led to product prices fluctuating within a reasonable range and limited actual transaction volumes. Today, molybdenum concentrate and ferromolybdenum prices are approximately 3,530 yuan/ton-degree and 230,000 yuan/ton, respectively. On the positive side, strong production cost support, gradual consumption…

Tungsten News
Rare Earth Prices Update – May 19, 2025 126

Rare earth market update on May 19, 2025 At the beginning of the week, domestic rare earth prices in China showed no significant changes, with praseodymium-neodymium oxide, gadolinium oxide, and holmium oxide stabilizing at approximately 435,000 yuan/ton, 170,000 yuan/ton, and 525,000 yuan/ton, respectively. From the supply side, with rare earth manufacturers maintaining normal production rhythms, prolonged weak downstream demand, and limited exports of certain rare earth products, the market spot supply remains relatively ample. From the demand side, although downstream…

Tungsten News
APT Surges Over 4% in a Single Day 163

Analysis of Latest Tungsten Market from Chinatungsten Online Tungsten prices continue to rise strongly. According to a survey conducted by China Tungsten Online, as of press time: The price of 65% black tungsten concentrate is RMB 168,000/ton, with a daily increase of 3.7%, a weekly increase of 9.1%, and a cumulative increase of 20.0% in this round. The price of 65% scheelite concentrate is RMB 167,000/ton, with a daily increase of 3.7%, a weekly increase of 9.2%, and a cumulative…

Tungsten News
Molybdenum Market Update – May 16, 2025 89

Molybdenum market update on May 16, 2025 This week, the domestic molybdenum price in China saw a slight upward shift in its overall focus, primarily driven by strong price-holding sentiment among raw material suppliers, stable downstream demand, and the release of news regarding China’s special operation to combat the smuggling and export of strategic minerals. However, post-May Day holiday, the volatile upward trend in molybdenum product prices has heightened buyers’ reluctance to purchase at higher levels, leading to a narrower…

Tungsten News
Rare Earth Prices Update – May 16, 2025 120

Rare earth market update on May 16, 2025 This week, domestic rare earth prices in China exhibited a volatile upward trend. At the beginning of the week, influenced by the further strengthening of China’s strategic mineral export controls and a robust overseas rare earth market, many suppliers significantly raised their quotes, with praseodymium-neodymium metal and dysprosium oxide prices rising to approximately 540,000 yuan/ton and 1,680,000 yuan/ton, respectively. However, nearing the weekend, due to slower-than-expected downstream demand follow-through and a weakening…

Tungsten News
Tungsten Ore Price Surges Over 15% 202

Analysis of Latest Tungsten Market from Chinatungsten Online The easing of the Sino-US tariff game has opened a 90-day window for foreign trade rush shipments. However, based on the special strategic attributes of tungsten products and the control requirements of dual-use items, it is expected that the intention to inquire and stock up will increase during this period, but the actual executable export orders are limited. Tungsten prices continue to hit new historical highs, and the current round of tungsten…

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