Tungsten News

Tungsten News
Molybdenum Market – July 17, 2025 63

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 272

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…

Tungsten News
65% Wolframite Concentrate Price Reaches ￥180,000/ton – July 17, 2025 215

Analysis of Latest Tungsten Market from Chinatungsten Online Tungsten prices are soaring, and some industry insiders lamented: “This is not a bullet flying, it’s clearly the Shenzhou 9 rocket going up to the sky!” As of press time, the price of 65% wolframite concentrate has exceeded RMB 180,000/ton, up 25.9% from the beginning of the year. The price of ammonium paratungstate (APT) is RMB 262,000/ton, up 24.2% from the beginning of the year. The price of tungsten powder is RMB…

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China Rare Earth Expects to Turn a Profit in the First Half of 2025 Compared to a Loss in the Previous Year 50

On July 15, China Rare Earth announced that it expects a net profit attributable to shareholders of 136.27 million to 176.27 million yuan for the first half of 2025, compared to a loss of 244.419 million yuan in the same period last year. The net profit after excluding non-recurring gains and losses is projected to be 131.06 million to 170.06 million yuan, compared to a loss of 254.7415 million yuan in the same period last year. Basic earnings per share…

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Apple Plans $500 Million Investment in U.S. Rare Earth Company 29

On July 15, Apple Inc. and U.S. rare earth company MP Materials announced a $500 million agreement to procure rare earth magnets and jointly establish a rare earth recycling facility in California. This marks a significant move by the U.S. tech giant to support a domestic critical mineral supply chain, reducing reliance on Chinese rare earths. It is reported that Apple will procure rare earth magnets from MP Materials’ factory in Texas. MP Materials is already producing mined and processed…

Tungsten News
APT Price Hits RMB 260,000/ton – July 16, 2025 345

Analysis of Latest Tungsten Market from Chinatungsten Online The tungsten market is rising steadily, with prices constantly hitting new highs and breaking through psychological expectations. However, at the same time, market bubble risks are also accumulating. Consumers are in a wait-and-see mood, the liquidity of the upstream and downstream of the tungsten industry chain is insufficient, and the market transactions are sluggish. The main contradiction in the current tungsten market is that the general price increase driven by raw material…

Tungsten News
Molybdenum Market – July 16, 2025 48

Molybdenum market update on July 16, 2025 The domestic molybdenum market is experiencing a lackluster performance, with weakening bullish support leading to low agreement in negotiations between buyers and sellers. Consequently, market trading activity has declined compared to the previous week, with actual transaction volumes remaining low. In the molybdenum concentrate market, the overall trend remains firm. Although influenced by lower steel tender prices and limited downstream inquiries, significant price increases for molybdenum concentrate are unlikely. However, due to tightening…

Tungsten News
Rare Earth Prices – July 16, 2025 104

Rare earth market update on July 16, 2025 The domestic rare earth market is showing an overall sideways and volatile trend, influenced by multiple uncertainties. Transactions between buyers and sellers are primarily driven by essential demand, with product prices fluctuating within a reasonable range and transaction activity remaining moderate. In the light rare earth market, praseodymium-neodymium prices have experienced a pattern of rising and then falling back, mainly due to the recent significant increase in praseodymium-neodymium prices coupled with slow…

Tungsten News
Northern Rare Earth’s Q3 2025 Rare Earth Concentrate Transaction Price Increases 226

On July 11, China Northern Rare Earth announced that, based on the pricing method for rare earth concentrates and the prices of rare earth oxides in Q2 2025, the transaction price for rare earth concentrates in Q3 2025 has been adjusted to 19,109 yuan per ton (dry basis, REO=50%), excluding tax. This represents an increase of 284 yuan per ton, or 1.51%, compared to the Q2 2025 price of 18,825 yuan per ton. For every 1% increase or decrease in…

Tungsten News
Tungsten Market Factors Analysis – July 15, 2025 130

Favorable Factors for the Tungsten Market: Tightening Supply of Raw Materials: Mining quota policies, environmental protection supervision measures and safety production control restrict the release of mine resources, coupled with the decline in the grade of old mines, limited replenishment of new mines, increased industry concentration, and market reluctance to sell, resulting in tight supply of raw materials, supporting price increases. Growth in Emerging Demand: The demand for high-density tungsten alloys, cemented carbides and other tungsten products in new energy,…

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