Tungsten News

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…

Tungsten News
The Ganzhou Tungsten Association Predicted the Average Price in February 2025 329

The predicted average price by the Ganzhou Tungsten Association and the long-term contract quotations of major tungsten enterprises from February 2024 to February 2025. 1.1 Chart of the predicted average price trend of the Ganzhou Tungsten Association from February 2024 to February 2025. 1.2 Chart of Zhangyuan Tungsten Industry’s long-term contract quotation trend from February 2024 to February 2025. 1.3 Chart of Jiangxi Tungsten Group’s long-term contract quotation trend from February 2024 to February 2025. 1.4 Chart of Xiamen Tungsten…

Tungsten News
Rare Earth Price to Rise in February 2025 706

According to China Tungsten Online, the rare earth price trend in China in February 2025 exhibited a fluctuating upward movement. Among them, the price of praseodymium oxide rose by approximately 41,000 yuan per ton, an increase of 9.58%; the price of neodymium oxide increased by about 44,000 yuan per ton, a rise of 10.48%; the price of praseodymium-neodymium oxide went up by around 33,000 yuan per ton, a gain of 7.91%; the price of praseodymium-neodymium metal climbed by approximately 38,000…

Tungsten News
The Tungsten Market Trend in February 2025 Was Weak 510

According to China Tungsten Online, the tungsten market in China exhibited an overall downward trend in February 2025, primarily attributed to the implementation of export control policies on tungsten-related items, price reductions in long-term contracts by major tungsten enterprises, and persistently weak downstream demand. Among them, the price of black tungsten concentrate dropped by approximately 2.05%, ammonium paratungstate price fell by about 1.40%, tungsten powder price decreased by around 0.94%, carbide tungsten powder price declined by roughly 0.95%, while the…

Tungsten News
Molybdenum Price Trend in February 2025 Was Stable 507

According to China Tungsten Online, the molybdenum price trend in China remained relatively stable in February 2025. In terms of average price: Molybdenum concentrate averaged 3,566 yuan per metric ton, down 0.89% from the previous month; Ferromolybdenum averaged 230,111 yuan per ton, down 1.19% from the previous month; Molybdenum oxide averaged 3,666 yuan per metric ton, down 0.87% from the previous month; Sodium molybdate averaged 161,000 yuan per ton, unchanged from the previous month; Ammonium tetramolybdate averaged 224,000 yuan per…

Tungsten News
Declassification of Data on a Major Tungsten-Gold Deposit in Tajikistan 59

According to the Legal Information Network of the Ministry of Justice of Tajikistan, President Emomali Rahmon has ordered the declassification of data on the Ikal tungsten-gold deposit located 60 kilometers from Khorog in the Rushan District of the Gorno-Badakhshan Autonomous Region. This move aims to attract foreign investment. Currently, relevant data on this deposit is stored in the National Geological Information Reserve of the Tajikistan Geology Service. In addition to tungsten and gold, the deposit also contains copper and cobalt.…

Tungsten News
Molybdenum Market Update – March 6, 2025 170

Molybdenum market update on March 6, 2025 Domestic molybdenum price is showing an overall downward trend, with the prices of molybdenum concentrate, ferromolybdenum, and molybdenum powder continuing to decline by approximately 10 yuan/ton-degree, 1,000 yuan/ton, and 5 yuan/kg, respectively. Against this backdrop, market trading activity remains moderate, with limited transactions. Currently, industry participants are primarily focused on the shipment dynamics of molybdenum mining companies, the price and volume of steel procurement, and the performance of the international molybdenum market. According…

Tungsten News
Rare Earth Market Update – March 6, 2025 60

Rare earth market update on March 6, 2025 Domestic rare earth price is generally fluctuating within a narrow range. Under the conditions of weak supply and demand, coupled with the absence of direct positive news in the market, traders are basically maintaining rigid transactions. Intense price negotiations have led to low actual transaction volumes and a lack of upward momentum in product prices. Today, the prices of praseodymium-neodymium oxide, gadolinium oxide, and dysprosium-iron alloy are stabilizing around 442,000 yuan/ton, 165,000…

Tungsten News
Ammonium Metatungstate Is Not Currently Subject to Dual-Use Item Controls 56

On February 28th, in response to recent inquiries from enterprises and following communication with relevant departments of the General Administration of Customs, the Ministry of Commerce (MOFCOM) provided answers to common identification questions regarding tungsten, tellurium, and related items. One of the highly anticipated questions was whether ammonium metatungstate falls under the scope of dual-use item controls. MOFCOM clearly stated that ammonium metatungstate, an acidic compound of tungsten, is not included in the list of dual-use items currently under control.…

Tungsten News
MOFCOM Answers Common Identification Questions on Controlled Items Related to Tungsten and Tellurium 50

On February 28, the Bureau of Safety and Control of the Ministry of Commerce (MOFCOM), based on recent inquiries from enterprises and in communication with relevant departments of the General Administration of Customs, provided answers to common identification questions regarding tungsten, tellurium, and related items. 1. How can export operators determine whether the tungsten-related products they intend to export are subject to control as dual-use items? Answer: Export operators should refer to the relevant provisions of the Announcement No. 10…

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