Tungsten News

Tungsten News
Rare Earth Market – June 19, 2025 45

Rare earth market update on June 19, 2025 The domestic rare earth market continues to operate in a weak trend, with mainstream product prices experiencing varying degrees of decline, such as praseodymium-neodymium oxide dropping by approximately 2,000 yuan/ton, praseodymium-neodymium metal by about 5,000 yuan/ton, and terbium oxide by around 10 yuan/kg. Recently, with falling raw material prices, neodymium-iron-boron blank prices have also decreased. However, due to significant support from production costs and limited supply increases for some products, holders have…

Tungsten News
Tungsten Market Remains Calm, Trading in Stalemate – June 19, 2025 33

Analysis of Latest Tungsten Market from Chinatungsten Online The current tungsten market presents a delicate balance of “supply and demand stalemate but cost rigidity support”. Buyers think it is too expensive, sellers are reluctant to sell, and spot trading volume continues to be sluggish. Industry players are paying attention to the import and export data for May to be announced, and the new round of tungsten enterprise long-term purchase prices. The scarcity of tungsten concentrate resources remains unchanged, but some…

Tungsten News
Guangdong to Ensure Stable Supply of Medical Isotopes Including Molybdenum-99 Over the Next Five Years 24

The plan emphasizes ensuring a stable supply of major medical isotopes. It aims to address supply gaps by researching and constructing internationally advanced research reactors and supporting experimental production facilities. This will enable differentiated production and stable supply of key medical isotopes such as molybdenum-99, carbon-14, strontium-89, yttrium-90, iodine-125, iodine-131, and lutetium-177, while breaking through technologies for developing and producing new medical isotopes. Molybdenum-99 (??Mo) is a radioactive isotope of molybdenum, with 42 protons, 57 neutrons, and a half-life of…

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Guangdong Baishizhang Molybdenum Mine Adds 100,000 Tons of Molybdenum Metal 25

The “Guangdong Wuhua County Baishizhang Mining Area Molybdenum Resource Verification Report,” compiled by the Guangdong Institute of Mineral Resources Exploration, has successfully passed its review. The report indicates an additional 100,000 tons of molybdenum metal, elevating the resource scale to a large category. The project’s concession holder, granted mining rights in 2007, originally planned underground mining. However, due to low molybdenum prices at the time, the mine remained unoperational, leaving its resource advantage unexploited economically. To reverse this, in November…

Tungsten News
Molybdenum Market – June 18, 2025 38

Molybdenum market update on June 18, 2025 The domestic molybdenum market continues to operate steadily, with a balance of bullish and bearish factors leading to intense price negotiations between buyers and sellers. This has resulted in product prices fluctuating within a reasonable range, while trading volumes remain moderate. In the molybdenum concentrate market, conditions are somewhat chaotic. With steel tender prices and downstream demand declining compared to earlier periods, confidence in price support among some molybdenum mining companies has wavered.…

Tungsten News
Rare Earth Market – June 18, 2025 36

Rare earth market update on June 18, 2025 The domestic rare earth market is operating steadily, with a balanced supply-demand dynamic fostering a subdued trading atmosphere between buyers and sellers. Most rare earth product prices remain stable, while new order volumes are limited. On the supply side, multiple factors contribute to sluggish market growth. First, stringent environmental regulations persist, coupled with low rare earth prices and subdued downstream inquiry enthusiasm, prompting some producers to slow capacity releases. Second, tight overseas…

Tungsten News
Tungsten Ore and APT Prices Remain Stable – June 18, 2025 104

Analysis of Latest Tungsten Market from Chinatungsten Online Tungsten prices continue to be in a stalemate and sideways stage, and the game between upstream and downstream is stalemate. The cost support of basic raw materials is strong, but the downstream terminals of alloys lack consumption initiative, the market transaction maintains a rigid demand state, and the market fluctuations are limited in the short term. The main positive factors of the current tungsten market: resource scarcity support, strategic attributes support, and…

Tungsten News
China Successfully Produces Yttrium-90 Using a Commercial Nuclear Reactor 42

On June 14, China National Nuclear Corporation (CNNC) Qinshan Nuclear Power Plant achieved another breakthrough: Yttrium-90 (Y-90) glass microspheres irradiated in a heavy water reactor were successfully removed and passed all relevant inspections. This milestone marks China’s elimination of its previous heavy reliance on imported Y-90 microspheres and establishes the nation as one of the few in the world capable of producing this cutting-edge medical product using a commercial nuclear reactor. Y-90 microspheres are primarily produced from Yttrium-89 (Y-89), which…

Tungsten News
Molybdenum Market – June 17, 2025 32

Molybdenum market update on June 17, 2025 The domestic molybdenum market is currently showing a high-level stalemate. With suppliers generally unwilling to lower prices and downstream purchases mainly focused on rigid demand, product prices are fluctuating within a narrow range, and actual transaction activity remains moderate. Recently, a molybdenum concentrate from a mine in Yunnan was sold at RMB 3,822 per ton-unit. On the supply side, although downstream enterprises have shown less enthusiasm for inquiries and procurement compared to previous…

Tungsten News
Rare Earth Market – June 17, 2025 43

Rare earth market update on June 17, 2025 The domestic rare earth market has remained in a sideways trend overall, with low trading activity and no significant price fluctuations due to traders largely maintaining rigid, demand-driven transactions. As of today, the prices of neodymium oxide, erbium oxide, and holmium oxide are approximately RMB 450,000/ton, RMB 305,000/ton, and RMB 520,000/ton, respectively. On the positive side, two key factors are supporting the market. First, production costs remain high, overseas rare earth prices…

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