Tungsten News

Tungsten News
Molybdenum Market Update – March 31, 2025 34

Molybdenum market update on March 31, 2025 At the beginning of the week, the domestic molybdenum market as a whole maintained a sideways operation, mainly reflected in the fact that the prices of most products have not changed significantly and traders have basically maintained rigid transactions. Today, the prices of molybdenum concentrate, ferromolybdenum and ammonium heptamolybdate are about 3,400 yuan/ton, 222,000 yuan/ton and 219,000 yuan/ton, respectively. According to China Tungsten Online, affected by the volatile rise in molybdenum prices last…

Tungsten News
Rare Earth Market Update – March 31, 2025 35

Rare earth market update on March 31, 2025 At the beginning of the week, the prices of domestic rare earth products were partially stable, with some rising slightly. Among them, the price of terbium oxide rose by about 70 yuan, the price of holmium oxide rose by about 3,000 yuan, and the price of dysprosium oxide rose by about 10,000 yuan. This is mainly due to the earthquake in Myanmar on March 31, which may have caused certain damage to…

Tungsten News
China Tungsten Market in Q1 2025: Initial Rise Followed by Decline 40

In the first quarter of 2025, China’s tungsten market showed a trend of rising first and then falling, and the contradiction between supply and demand was prominent. In January, due to the increase in enterprise maintenance before the Spring Festival and the tightening of the supply side, the tungsten price was strong, but the demand side cooled down after stocking up, and the actual transaction was sluggish. In February, the export control measures on tungsten-related items significantly suppressed the scale…

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Jiangxi Province Key Investment Promotion Projects in 2025 Involve the Rare Earth Field 32

The 2025 Jiangxi Province Key Investment Promotion Projects Catalog encompasses 649 projects with a total investment of 6716.09 billion yuan, clearly defining the province’s key directions for attracting external investment in 2025. These directions include 387 projects across 12 key manufacturing industry chains, with a total investment of 4296.8 billion yuan. Within the manufacturing industry chains, five projects are related to the rare earth sector, detailed as follows: Dingnan County Rare Earth Deep Processing Project: Dingnan County, rich in rare…

Tungsten News
Jiangxi Province Key Investment Promotion Projects in 2025 Involve Tungsten and Molybdenum Fields 31

On March 21, 2025, the Jiangxi Provincial Development and Reform Commission officially released the 2025 Jiangxi Province Key Investment Promotion Projects Catalog (referred to as the “Catalog”), encompassing 649 projects with a total investment of 6716.09 billion yuan. The Catalog clearly outlines the key directions for Jiangxi Province’s investment promotion in 2025, including major infrastructure, 12 key manufacturing industry chains, the healthcare industry, modern services, and modern agriculture. Among these, 387 projects are related to the 12 key manufacturing industry…

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Chongqing: Manganese Ore Survey and Molybdenum-Vanadium Ore Exploration 20

According to a report from the iNature website, the 607 Geological Team of the Chongqing Geological and Mineral Bureau, during the key mineral exploration project in Chongqing—the “Xiushan County Ganzhiba Manganese Mine Reconnaissance”—transformed a singular focus on manganese exploration into a comprehensive survey that also included molybdenum and vanadium. This effort led to the discovery of a secondary manganese mineralization center in the Xiaochayuan area, indicating significant prospecting potential in the peripheral regions. This breakthrough in integrated exploration for manganese,…

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Two New Molybdenum Bases Will Be Added in Xinjiang in 2024 23

According to a report from the iNature website, in 2024, the Xinjiang Uygur Autonomous Region leveraged its resource endowments and geographical advantages to continue implementing a new round of strategic breakthroughs in mineral exploration. This effort resulted in the addition of six large-scale resource bases: the Yumin Sujiuhe 500,000-ton molybdenum base, the Shanshan Nanhu Gobi-Quelridge million-ton copper-molybdenum base, the Hami Weiya-Niumaoquan billion-ton iron and ten-million-ton titanium base, the Atushen Puchang-Karajun billion-ton iron and ten-million-ton titanium base, the Qiemo-Ruoqiang trillion-cubic-meter shale…

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Guangxi Guixi: a Major Breakthrough in Prospecting for Youjiang Basin Tungsten-Tin Deposit 17

On February 21, the national key scientific and technological project “Deep Earth,” under the sub-project titled “Positioning Mechanism and Prospecting Breakthrough of Tin-Antimony-Gold Deposits in the Yunnan-Guizhou-Guangxi Border Region,” was officially launched. Xiao Changhao, an expert in ore-field tectonics from the Institute of Geomechanics, is the lead researcher for the project “Discovery of a New Type of Tungsten-Tin Deposit in a New Stratum in the Youjiang Region of Western Guangxi,” which was listed among the “Top Ten Geological Science and…

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Plants Contain Rare Earth Enrichment Codes 7

Recently, Xinhua News Agency reported that a new study from Australia has revealed that certain plants, over the course of their long evolutionary history, have developed a unique ability to enrich and utilize rare earth elements. Typical examples include the Dicranopteris linearis (a fern species) from Southeast Asia’s Bangka Island and the fern Diplazium species. This discovery provides fresh insights for the development of new technologies in related fields. Rare earth elements, often dubbed “industrial vitamins,” refer to a group…

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Molybdenum Market Update – March 28, 2025 46

Molybdenum market update on March 28, 2025 This week, domestic molybdenum price exhibited an overall trend of fluctuating upward movement, primarily attributed to strong reluctance to sell and bullish sentiment among molybdenum mining companies in recent days, rising steel tender prices, steady downstream demand, and a relatively favorable non-ferrous metals market. However, as molybdenum product prices increased, downstream users became more cautious due to heightened price concerns, and with limited liquidity, market demand struggled to grow further. According to China…

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