Tungsten News

Tungsten News
Uzbekistan to Develop 76 Mineral Projects Including Tungsten Over Three Years 182

In recent years, Uzbekistan has been ambitiously positioning itself as a leader in the global rare minerals sector. In March 2025, the country unveiled a three-year investment plan worth $2.6 billion aimed at developing 76 mineral projects, including tungsten and molybdenum, encompassing 28 critical elements. This strategic initiative is designed not only to revitalize the domestic economy but also to transform Uzbekistan into a key player in the global technology supply chain through the high-value development of its mineral resources.…

Tungsten News
Discovery of Large-scale Tungsten-Molybdenum Ore Bodies in Bobai County, Yulin, Guangxi 68

In 2024, the Sixth Geological Team of Guangxi made significant progress in the “Geological Survey and Evaluation of Tungsten-Molybdenum Polymetallic Ore in Daqiao, Luchuan County – Ningtan, Bobai County, Yulin City” project implemented in Jingkou Town, Bobai County, Yulin City. The discovery of multiple tungsten-molybdenum ore bodies has further revealed the mineral resource potential of this area. Through systematic exploration, the project has delineated 46 tungsten (molybdenum) ore bodies. In 2024, 19 new ore bodies were discovered in the Xinxiu…

Tungsten News
Tungsten Prices Stable Amid Cost Support and Weak Demand 68

Analysis of latest tungsten market from Chinatungsten Online On Monday, the tungsten prices remained stable, but the market inquiry and transaction atmosphere are still under pressure. The sluggish demand side has led to slow inventory digestion in the mid-to-downstream sectors of the industry chain; however, with rigid cost support from the mining end, there is limited room for the price to continue declining. Recently, the tungsten market has exhibited cautious sentiment, with trading primarily driven by demand. Prices are holding…

Tungsten News
Molybdenum Market Update – March 17, 2025 66

Molybdenum market update on March 17, 2025 At the beginning of the week, the domestic molybdenum market in China continued to exhibit a slight downward trend overall, with prices of molybdenum concentrate, ferromolybdenum, and molybdenum oxide dropping by approximately 10 yuan, 1,000 yuan, and 10 yuan, respectively. This is mainly attributed to factors such as a weak international molybdenum market, low steel bidding prices, and relatively abundant spot supply in the market. According to China Tungsten Online, steel companies recently…

Tungsten News
Rare Earth Market Update – March 17, 2025 68

Rare earth market update on March 17, 2025 At the beginning of the week, the domestic rare earth market in China maintained a stable trend overall. With downstream users generally sticking to just-in-time procurement and the growth rate of spot supply in the market remaining moderate, product prices showed no significant changes. Among them, the prices of praseodymium oxide, terbium oxide, and dysprosium oxide stabilized at approximately 464,000 yuan/ton, 6,650 yuan/kg, and 1,720,000 yuan/ton, respectively. According to China Tungsten Online,…

Tungsten News
The Tungsten Concentrate Output of Youmapo Tungsten-Molybdenum Mine after the Production Process Has Attracted Attention 72

Recently, according to a report from China Mining News, in Jingkou Town, Bobai County, Guangxi Zhuang Autonomous Region, the project team of the Guangxi Sixth Geological Team, working on the “Geological Survey and Evaluation of the Daqiao-Ningtan Tungsten-Molybdenum Polymetallic Deposit in Luchuan County and Bobai County, Guangxi,” is carrying out drilling operations for the final borehole. The sounds of drilling and machinery resonate loudly as the team lowers and retrieves the drill. It is reported that this project builds on…

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Molybdenum Disulfide: Opening a New Chapter in the Preparation of 2D Metal Material 62

In the vast field of materials science, two-dimensional (2D) material has long been a focal point of cutting-edge research. Since the discovery of single-layer graphene in 2004—an event akin to dropping a massive stone into a calm lake, sending ripples in all directions—the family of 2D materials has rapidly expanded. To date, hundreds of experimentally accessible 2D materials have been identified. However, for a long time, these 2D materials were largely confined to layered material systems. Metals, which hold a…

Tungsten News
Baotou rare earth price increased month-on-month In February 2025 56

Recently, according to a report from the Baotou City Industry and Information Technology Bureau, in February 2025, among the 36 key industrial products monitored in Baotou City, 19 products, including aluminum, copper, and neodymium metal, saw price increases month-on-month, while 2 products, such as monocrystalline silicon and photovoltaic modules, maintained stable prices, and 15 products, including pig iron, polypropylene, and magnesium, experienced price declines. Year-on-year, 11 products, such as aluminum, hydrogen fluoride, and praseodymium-neodymium metal, recorded price increases, while 25…

Tungsten News
Northern Rare Earth Plans to Build a Pilot Base for Hydrometallurgy and Inorganic Functional Materials 45

Recently, Northern Rare Earth issued an announcement stating that, to further enhance the quality and efficiency of its technological achievements transformation, improve the allocation efficiency of scientific and technological resources, and strengthen its innovation capabilities, the company plans to invest 73.3645 million yuan to implement the Wet Smelting and Inorganic Functional Materials Pilot Base Construction Project. According to the announcement, the project will be located within the premises of the Northern Rare Earth Smelting Branch; it will cover a total…

Tungsten News
Hubei Scheelite Concentrate Average Price Increased in January 2025 54

Recently, according to information from the official website of the Hubei Provincial Department of Natural Resources, in January 2025, the average price of 65% white tungsten concentrate in Hubei was 143,279 yuan/ton, reflecting a month-on-month increase of approximately 1.16% and a year-on-year increase of about 17.47%. The average price of 60% white tungsten concentrate was 142,279 yuan/ton, up approximately 1.17% month-on-month and 17.62% year-on-year. The average price of APT (ammonium paratungstate) was 211,912 yuan/ton, showing a month-on-month increase of about…

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