Tungsten News

Tungsten News
Concerning Rare Earth, Latest Disclosure by the Ministry of State Security 101

On July 18, the Ministry of State Security published an article titled “Key Point! It’s Not Ordinary Soil”, with the full text as follows: Rare earth-related items have dual-use military and civilian attributes and are national strategic resources. To better safeguard national security and interests, China has drawn on international practices and implemented export controls on rare earth-related items in accordance with the law. However, in recent years, foreign intelligence agencies and their proxies have attempted to collude with and…

Tungsten News
Yarlung Zangbo River Downstream Hydropower Project Benefits Tungsten Industry 54

On July 19, the Yarlung Zangbo River downstream hydropower project officially started. The Yarlung Zangbo River downstream hydropower project is expected to have a total investment of 1.2 trillion yuan within ten years. It will build a 5-level hydropower station with a scale three times that of the Three Gorges Dam in a high-altitude mountainous area of more than 3,000 meters above sea level in Linzhi, Tibet, with a straight-line distance of about 50 kilometers and a drop of more…

Tungsten News
Tungsten Raw Material and Scrap Prices Hit New Highs – July 21, 2025 127

Analysis of Latest Tungsten Market from Chinatungsten Online The tungsten market continued to rise on Monday, and the prices of major tungsten raw materials and tungsten waste products reached new highs! Among them, the price of tungsten powder is only a stone’s throw away from the psychological barrier of 400/kg that the industry is paying attention to. However, it will take time to digest the high-priced transactions, and the accumulated risks in the market have not yet found an effective…

Tungsten News
Molybdenum Market – July 21, 2025 46

Molybdenum market update on July 21, 2025 At the beginning of the week, the domestic molybdenum market continued to trend weakly, driven by steel companies’ persistent downward pressure on ferromolybdenum prices and the gradual weakening of earlier bullish support, leading to slightly insufficient confidence among raw material suppliers in maintaining stable prices. Today, molybdenum concentrate price decreased by approximately 30 yuan per ton-degree. Against this backdrop, prices of other molybdenum products also saw varying degrees of decline: sodium molybdate price…

Tungsten News
Rare Earth Market – July 21, 2025 69

Rare earth market update on July 21, 2025 At the beginning of the week, the domestic rare earth market maintained a sideways trend, with a slightly strained negotiation atmosphere between buyers and sellers due to the interplay of bullish and bearish factors, resulting in moderate market transaction volumes. Bullish factors include: On July 19, China held a meeting to advance a special operation to combat the smuggling and export of strategic minerals, proposing a “zero tolerance, heavy-handed” approach to strategic…

Tungsten News
Tungsten Prices Soar, Smelting Sector Under Pressure 106

Analysis of Latest Tungsten Market from Chinatungsten Online ▏Prices of major tungsten products Tungsten prices soared this week, breaking new heights every day. As of press time, 65% wolframite concentrate is quoted at RMB 181,000/ton, up 2.6% week-on-week and 26.6% from the beginning of the year. 65% scheelite concentrate is quoted at RMB 180,000/ton, up 2.6% week-on-week and 26.8% from the beginning of the year. Ammonium paratungstate (APT) is quoted at RMB 265,000/ton, up 3.5% week-on-week and 25.6% from the…

Tungsten News
Molybdenum Market – July 18, 2025 62

Molybdenum market update on July 18, 2025 This week, the domestic molybdenum market exhibited an overall high-level but weak trend, primarily due to a significant price surge in the previous two weeks, which led to reduced inquiry and procurement enthusiasm from downstream users. Additionally, the earlier bullish factors have gradually dissipated, resulting in insufficient momentum for suppliers to further raise prices, with some quotations even experiencing slight pullbacks. Furthermore, declining steel tender prices are a key reason for molybdenum concentrate…

Tungsten News
Rare Earth Market – July 18, 2025 79

Rare earth market update on July 18, 2025 This week, the domestic rare earth market performed relatively well, with light and heavy rare earth product prices showing divergent trends under the interplay of bullish and bearish factors, though overall market transaction activity still has room for improvement. In the light rare earth market, multiple factors have recently driven a warming of market sentiment: China Northern Rare Earth’s praseodymium-neodymium metal transaction prices have been steadily rising, with its Q3 2025 rare…

Tungsten News
Molybdenum Market – July 17, 2025 48

Molybdenum market update on July 17, 2025 The domestic molybdenum market is showing a weak trend, with high raw material prices proving difficult to reduce and steel tender prices declining, leading to a somewhat strained negotiation atmosphere between buyers and sellers, and moderate market trading activity. Currently, industry participants are closely monitoring the shipment dynamics of molybdenum mining companies. In the molybdenum concentrate market, the overall trend is a high-level stalemate. With reduced downstream inquiries and limited spot supply, holders…

Tungsten News
Rare Earth Prices – July 17, 2025 161

Rare earth market update on July 17, 2025 The domestic rare earth market maintains stable operations overall, characterized by no significant changes in product prices, moderate sentiment among traders, and limited new orders. Today, the prices of praseodymium oxide, erbium oxide, and dysprosium oxide are approximately 480,000 yuan per ton, 325,000 yuan per ton, and 1,700,000 yuan per ton, respectively. However, it is worth noting that, driven by the recent volatile increase in raw material prices, the prices of rare…

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