Tungsten News

Tungsten News
Molybdenum Market – July 30, 2025 97

Molybdenum market update on July 30, 2025 The domestic molybdenum market is experiencing a significant upswing, with the price center clearly shifting upward. The price of molybdenum concentrate has increased by approximately 200 yuan per ton-unit, with a single-day rise of 4.88%; ferromolybdenum has increased by approximately 10,000 yuan per ton, with a single-day rise of 3.75%; molybdenum oxide has increased by approximately [missing value] yuan per ton-unit, with a single-day rise of 4.74%; sodium molybdate has increased by approximately…

Tungsten News
Rare Earth Market – July 30, 2025 91

Rare earth market update on July 30, 2025 The overall performance of the domestic rare earth market has been moderate, with supplier quotes adjusting within a reasonable range amid a relatively balanced supply-demand relationship and gradually weakening bullish support. Today, the prices of praseodymium oxide, praseodymium-neodymium oxide, terbium oxide, and dysprosium oxide are approximately 536,000 yuan per ton, 523,000 yuan per ton, 7,140 yuan per kilogram, and 1,650,000 yuan per ton, respectively. From the supply side, with high production difficulty,…

Tungsten News
Tungsten Market: Urgent Need to Balance High Prices and Risks 101

The current tungsten prices maintain a high-level trend, but potential market risks cannot be ignored. The pressure from supply-demand imbalances and structural contradictions is intertwined, urgently requiring coordinated efforts from policymakers and market entities to implement prudent measures and gradually promote industrial transformation and upgrading. Key Factors Supporting Sustained High Tungsten Prices: Declining Resource Endowment: Tungsten ore grade continues to decline, existing mines are depleting, and new mines are limited in supply, putting pressure on the supply side and, consequently,…

Tungsten News
Tungsten Prices Temporarily Stable – July 29, 2025 297

Analysis of Latest Tungsten Market from Chinatungsten Online Tungsten prices remain stable at high levels, with the market showing sensitive sentiment and a strong wait-and-see atmosphere, resulting in sluggish actual transactions. The supply of upstream tungsten ore resources continues to be tight, with firm prices, but cost transmission in the mid-to-downstream industrial chain is poor. Smelting and deep-processing enterprises have generally suspended quotations, adopting a “negotiated per order” strategy. The tungsten market exhibits a “high price, low volume” pattern. As…

Tungsten News
Molybdenum Market – July 29, 2025 45

Molybdenum market update on July 29, 2025 The domestic molybdenum market is showing an overall upward trend, with prices of molybdenum concentrate, ferromolybdenum, and molybdenum powder increasing by approximately 20 yuan per ton-unit, 2,000 yuan per ton, and 5 yuan per kilogram, respectively. Under these circumstances, industry players are particularly focused on the shipment pace of molybdenum mining companies and the demand situation from downstream users. In the molybdenum concentrate market, overall circulation remains slow. Influenced by the upcoming maintenance…

Tungsten News
Rare Earth Market – July 29, 2025 85

Rare earth market update on July 29, 2025 The overall domestic rare earth prices are fluctuating within a reasonable range, with the price of praseodymium oxide increasing by approximately 3,000 yuan per ton, praseodymium-neodymium oxide by approximately 11,000 yuan per ton, terbium oxide by approximately 50 yuan per kilogram, and holmium oxide decreasing by approximately 3,000 yuan per ton. Notably, driven by the recent fluctuating upward trend in praseodymium-neodymium raw material prices, the price of neodymium-iron-boron blanks has shown a…

Tungsten News
Added Value of Baotou’s Rare Earth Industry Increased by Over 16% in the First Half of 2025 41

According to the Baotou Statistical Micro-Message, in the first half of 2025, the added value of large-scale industries in Baotou City increased by 12.3% year-on-year, surpassing the national average (6.4%) and the regional average (7.1%) by 5.9 and 5.2 percentage points, respectively, maintaining double-digit growth for 58 consecutive months. In the first half of the year, the added value of the mining industry increased by 21.0%, manufacturing by 11.4%, and the production and supply of electricity, heat, gas, and water…

Tungsten News
Inner Mongolia Will Add 1.14 Million Tons of Molybdenum Resources from 2021 to 2024 49

Recently, the Inner Mongolia Daily reported that during the “14th Five-Year Plan” period, the Inner Mongolia Autonomous Region invested a total of 2.61 billion yuan in geological exploration, identifying vast mineral resources rich in iron, niobium, and rare earths in the Baiyun Ebo South mining belt. From 2021 to 2024, Inner Mongolia leveraged 2.655 billion yuan in social funds for geological exploration, achieving significant growth in strategic mineral resource reserves. For instance, molybdenum resources increased by 1.1427 million tons, iron…

Tungsten News
2025 China 500: Tungsten Enterprises 49

On July 22, 2025, Fortune magazine released the 2025 China 500 ranking, featuring several molybdenum, rare earth, and tungsten enterprises, including Xiamen Tungsten Co., Ltd. (ranked 395th with 2024 revenue of 4,891.7 million USD), Luoyang Molybdenum Industry Co., Ltd. (ranked 138th with 2024 revenue of 29,607.1 million USD), and China Northern Rare Earth (Group) High-Tech Co., Ltd. (ranked 415th with 2024 revenue of 4,581.7 million USD). In 2024, Xiamen Tungsten achieved revenue of 35.271 billion yuan, a decrease of 10.48%…

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Molybdenum Market – July 28, 2025 49

Molybdenum market update on July 28, 2025 At the beginning of the week, the domestic molybdenum market maintained a high-level sideways trend, with moderate trading activity and product prices fluctuating within a reasonable range. This is due to strong reluctance to sell and bullish sentiment among molybdenum mining companies, contrasted by heavy price suppression from downstream users. Today, the prices of molybdenum concentrate, ferromolybdenum, and molybdenum powder are approximately 4,080 yuan per ton-unit, 265,000 yuan per ton, and 460 yuan…

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