Tungsten News

Tungsten News
The Newly Added Molybdenum Resources in Inner Mongolia Exceeded 50,000 Tons in 2024 154

Recently, according to a report from the Press Office of the Inner Mongolia Autonomous Region Government, in 2024, the region’s public welfare geological exploration efforts achieved significant results, playing a leading and exemplary role, while the commercial exploration market continued to heat up, with several mines realizing substantial increases in reserves. In 2024, Inner Mongolia made remarkable progress in increasing reserves of strategic mineral resources. Newly added resources included 52,400 tons of molybdenum, 591 million tons of iron ore, 80.6…

Tungsten News
The Focus of NPC and CPPCC: Changes and Prospects of Rare Earth Industry 58

Recently, according to non-ferrous metals news, rare earths, as a critical component of non-ferrous metals, serve as a core material for transforming traditional industries, developing strategic emerging industries, and supporting the defense technology sector. However, how can the rare earth industry deeply integrate technological innovation with industrial innovation? Under the “dual carbon” goals, with increasingly stringent environmental policies, how should the rare earth industry strike a balance between resource development and ecological protection? Ao Hong, Vice President of the China…

Tungsten News
Northern Rare Earth and Huahong Technology’s Subsidiary Signed a 2025 Praseodymium-Neodymium Oxide Purchase Agreement 57

Recently, Huahong Technology announced that its wholly-owned subsidiary, Xintai Technology, along with its subsidiaries Wanhong High-Tech and Jishui Jincheng, signed the 2025 Annual Cooperation Agreement for Praseodymium-Neodymium Product Procurement with Northern Rare Earth. This collaboration aims to secure a stable and sustainable supply of rare earth oxide products for Xintai Technology and its subsidiaries over the next 11 months, ensuring the operational stability and sustainability of Xintai Technology and its subsidiaries. It further highlights their industry position and comprehensive strength…

Tungsten News
New Standard for Tungsten Concentrate: Determination of Fluorine and Mercury Content 95

Recently, two national standards, led by the Provincial Tungsten and Rare Earth Quality Inspection Center, were officially released on January 24, 2025: GB/T 6150.19-2025: Methods for Chemical Analysis of Tungsten Concentrates-Part 19: Determination of Fluorine Content-Ion-Selective Electrode Method and GB/T 6150.20-2025: Methods for Chemical Analysis of Tungsten Concentrates-Part 20: Determination of Mercury Content-Direct Solid Sampling Method. The release of these two new standards not only standardizes the analytical methods for detecting fluorine and mercury content in tungsten concentrates, improving the…

Tungsten News
Molybdenum Market Update – March 10, 2025 78

Molybdenum market update on March 10, 2025 At the beginning of the week, the domestic molybdenum market continued to maintain a relatively weak performance, primarily due to factors such as lackluster inquiry and procurement activity from downstream users, low steel tender prices, and a fluctuating decline in international molybdenum prices. However, supported by strong production cost pressures and the gradual initiation of molybdenum iron tenders by steel companies, suppliers have limited room to offer discounts. Today, the prices of molybdenum…

Tungsten News
Rare Earth Market Update – March 10, 2025 76

Rare earth market update on March 10, 2025 At the beginning of the week, domestic rare earth price fluctuated within a narrow range. Specifically, the prices of praseodymium-neodymium oxide, gadolinium oxide, and dysprosium oxide stabilized at approximately 442,000 yuan/ton, 165,000 yuan/ton, and 1,720,000 yuan/ton, respectively. On the positive side, several factors supported the market: first, the spot supply from rare earth mining companies remained tight; second, imports of rare earth minerals from Myanmar continued to be relatively limited; and third,…

Tungsten News
Two National Standards on Methods for Chemical Analysis of Tungsten Concentrate Released 85

According to the Ganzhou Municipal Market Regulation Administration, two national standards led by the Jiangxi Provincial Tungsten and Rare Earth Product Quality Supervision and Inspection Center – “Methods for Chemical Analysis of Tungsten Concentrates — Part 19: Determination of Fluoride Content — Ion Selective Electrode Method” (GB/T 6150.19-2025) and “Methods for Chemical Analysis of Tungsten Concentrates — Part 20: Determination of Mercury Content — Solid Sampling and Direct Mercury Analysis Method” (GB/T 6150.20-2025) – were officially released on January 24,…

Tungsten News
Tungsten Prices Decline, Cobalt Prices Surge Over 10% 111

Analysis of latest tungsten market from Chinatungsten Online This week, the tungsten market trended generally weak. The downturn was driven by sluggish demand, a complex global political and economic environment, and rising trade barriers, which have dampened consumer confidence. Additionally, industry institutions and tungsten companies lowered their quotations, reflecting market weakness and undermining traders’ pricing confidence. Tungsten Concentrate Market Mining output remained limited, while downstream demand stayed subdued. The mismatch between supply and demand persisted, leaving transactions stagnant. The price…

Tungsten News
Molybdenum Market Update – March 7, 2025 84

Molybdenum market update on March 7, 2025 This week, the domestic molybdenum market in China exhibited an overall pattern of volatile decline, primarily attributed to the continuous drop in steel procurement price, a weak international molybdenum market, relatively abundant spot supply in the market, and a wavering confidence among suppliers in maintaining stable prices. Today, molybdenum concentrate and molybdenum oxide prices fell below the critical thresholds of 3,500 yuan per ton-degree and 3,600 yuan per ton-degree, respectively. Internationally, molybdenum oxide…

Tungsten News
Rare Earth Market Update – March 7, 2025 117

Rare earth market update on March 7, 2025 This week, domestic rare earth price in China displayed a mixed pattern of gains and losses. With traders showing moderate enthusiasm for market operations, a strong wait-and-see sentiment prevailed, resulting in limited new orders. On the supply side, as the Spring Festival holiday has been over for some time, rare earth manufacturers have largely resumed normal production. Consequently, the spot supply of certain products like praseodymium-neodymium raw materials is relatively abundant, while…

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