Tungsten News

Tungsten News
Molybdenum Market Update – April 23, 2025 61

Molybdenum market update on April 23, 2025 The domestic molybdenum market in China is showing a general upward trend, with prices for molybdenum concentrate, ferromolybdenum, and ammonium heptamolybdate rising by approximately 20 yuan/ton-degree, 2,000 yuan/ton, and 1,000 yuan/ton, respectively. Under these conditions, both buyers and sellers are highly engaged, and trading volumes remain at a relatively substantial level. In the molybdenum concentrate market, the buying and selling atmosphere is positive. Supported by increased inquiries from downstream buyers and rising steel…

Tungsten News
Rare Earth market Update – April 23, 2025 82

Rare earth market update on April 23, 2025 The domestic rare earth market in China continues to perform poorly. As positive support weakens, the buyer’s market holds a significant advantage, primarily reflected in fluctuating declines in mainstream product prices and low order volumes. Today, prices for praseodymium-neodymium metal, dysprosium-iron alloy, and terbium oxide dropped by approximately 3,000 yuan/ton, 10,000 yuan/ton, and 140 yuan/kg, respectively. Notably, the price of terbium oxide has seen a significant decline over the past two days,…

Tungsten News
Tungsten Concentrate and Tungsten Powder Prices Remain Strong 62

Analysis of latest tungsten market from Chinatungsten Online Tungsten prices continue to be strong. Tungsten raw materials are willing to rise due to tight supply. There is no information on improvement in market demand margins. Due to the difficulty in clearing external geopolitical and economic and trade risks and limited consumer confidence, the overall tungsten market continues to have a price-no-market situation, and the spot trading atmosphere is cautious. In the tungsten concentrate market, key mineral protection measures have been…

Tungsten News
Molybdenum Market Update – April 22, 2025 33

Molybdenum market update on April 22, 2025 The domestic molybdenum market in China continues to show an overall upward trend. Amid intertwined bullish and bearish factors, the consumer market is gradually shifting from a buyer’s market to a seller’s market, primarily reflected in slight price increases for most products and a relatively fast growth in orders. In the molybdenum concentrate market, transaction prices are around 3,290 yuan/ton-degree. Influenced by increased inquiries from downstream buyers and strong production support, suppliers are…

Tungsten News
Rare Earth market Update – April 22, 2025 36

Rare earth market update on April 22, 2025 The domestic rare earth market in China continues to operate weakly, mainly reflected in slight price declines for some products, low enthusiasm among traders for market operations, and a scarcity of new orders. Today, prices for praseodymium-neodymium metal, gadolinium oxide, and terbium oxide dropped by approximately 2,000 yuan/ton, 3,000 yuan/ton, and 80 yuan/kg, respectively. Industry players are currently focused on the demand dynamics of magnetic material companies and the announcement of the…

Tungsten News
Total Control Index of Tungsten Mining in 2025 (First Batch) 180

On April 3, 2025, the Ministry of Natural Resources issued the first batch of tungsten ore (tungsten trioxide content 65%) mining total control index of 58,000 tons in 2025, which is 4,000 tons less than the first batch of 2024, a decrease of 6.45%. Among them, Heilongjiang, Zhejiang, Anhui, and Hubei have not allocated indicators, and Jiangxi, Guangdong, Guangxi, Yunnan, Gansu, and Xinjiang have lowered their allocation indicators to varying degrees. Notice of the Ministry of Natural Resources on Issuing…

Tungsten News
Tungsten Prices Remain Firm Due to Tight Supply 77

Analysis of latest tungsten market from Chinatungsten Online Tungsten prices remain strong. On the one hand, the first batch of tungsten mining total control indicators this year have been lowered, strengthening the view of tight supply; on the other hand, the tungsten raw material quotations of several large domestic tungsten companies have been raised, consolidating the market’s support for the market. On the demand side, due to the many challenges facing the international trade environment and the need to further…

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OECD on Critical Minerals, Institutional Norms and Their Impact on the Chinese Industry 143

The Organisation for Economic Co-operation and Development (OECD) discourse and institutional norms on critical minerals focus on supply chain security, sustainable development and responsible business conduct (RBC), aiming to address the importance and potential risks of critical minerals in the global economy, green transition and national security. The following is a systematic analysis of the OECD’s discourse, institutional framework and implementation, and provides suggestions from the neutral perspective of China’s critical minerals practitioners. 1. OECD Critical Minerals In its reports,…

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What is 3TG? 70

3TG refers to four critical minerals: Tantalum, Tin, Tungsten and Gold, which are named after the initials of their names. These minerals are in the spotlight due to their importance in global supply chains and their potential “conflict mineral” attributes, particularly in industries such as electronics, aerospace, automotive, and jewelry. 1. Definition and Characteristics of 3TG Tantalum: Extracted from tantalite (coltan), it has high corrosion resistance and capacitive properties, and is used in the manufacture of capacitors (widely used in…

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U.S. Critical Minerals Review: The Strategic Role and Global Impact of Tungsten 176

1. Introduction: The Strategic Position of Critical Minerals in the Global Economy and Security Critical minerals (such as rare earths, lithium, cobalt, nickel, tungsten) are the core resources of modern industry and national security, widely used in new energy, electronics, aerospace, military and emerging technology fields, and play an irreplaceable role in global supply chains and geopolitics. Due to its high melting point (3422°C), high density (19.25 g/cm3) and excellent mechanical properties, tungsten is essential in superalloys, semiconductor manufacturing, military…

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