Tungsten News

Tungsten News
Rare Earth Market – July 21, 2025 168

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 392

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 243

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 159

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 98

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 365

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 451

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…

Tungsten News
China Rare Earth Expects to Turn a Profit in the First Half of 2025 Compared to a Loss in the Previous Year 82

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…

Tungsten News
Apple Plans $500 Million Investment in U.S. Rare Earth Company 63

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 625

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…

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