Tungsten News

Tungsten News
Northern Rare Earth Forecasts 287% Net Profit Increase for First Three Quarters of 2025 144

Northern Rare Earth is expected to achieve a net profit attributable to owners of the parent company of 1,510 million yuan to 1,570 million yuan in the first three quarters of 2025, an increase of 1,105 million yuan to 1,165 million yuan compared to the same period last year, representing an increase of 272.54% to 287.34% year-on-year. The net profit attributable to owners of the parent company, excluding non-recurring gains and losses, is projected to be 1,330 million yuan to…

Tungsten News
Molybdenum Market – October 13, 2025 297

Molybdenum market update on October 13, 2025 On Monday, the domestic molybdenum market overall showed a slight improvement, primarily reflected in the rise in ferromolybdenum prices and the stabilization of other molybdenum product prices after halting their decline. Today, the prices of molybdenum concentrate, ferromolybdenum, and molybdenum powder are approximately 4,400 yuan per ton-unit, 279,000 yuan per ton, and 500 yuan per kilogram, respectively. It is understood that favorable market factors include a slight increase in steel bidding prices, the…

Tungsten News
Rare Earth Market – October 13, 2025 145

Rare earth market update on October 13, 2025 On Monday, the domestic rare earth market overall performed poorly, with most rare earth products experiencing declines to varying degrees, low enthusiasm among traders for market engagement, and limited actual transaction volumes. Today, the prices of praseodymium-neodymium oxide, terbium oxide, and holmium oxide decreased by approximately 10,000 yuan per ton, 20,000 yuan per ton, and 2,000 yuan per ton, respectively. It is understood that limited consumption capacity among downstream rare earth production…

Tungsten News
Tungsten Carbide Powder Prices Weakened – October 13, 2025 462

Analysis of Latest Tungsten Market from Chinatungsten Online Although tungsten market trading has gradually recovered after the National Day holiday, total transaction volume remains limited. With demand currently cyclically weak, prices for major tungsten products remain under pressure and in a state of rational adjustment. Based on historical cyclical patterns and industry fundamentals, industry insiders believe the market will maintain a rational, small-scale adjustment in the short term, avoiding significant fluctuations while awaiting policy and macroeconomic signals. However, with the…

Tungsten News
MOFCOM: Export Controls Implemented on Certain Medium and Heavy Rare Earth-Related Items 669

MOFCOM and GACC Announcement No. 57 of 2025: Decision to Implement Export Controls on Certain Medium and Heavy Rare Earth-Related Items [Issuing Unit] National Security and Control Bureau [Issuing Document Number] MOFCOM and GACC Announcement No. 57 of 2025 [Date of Issuance] October 9, 2025 In accordance with the relevant provisions of the Export Control Law of the People’s Republic of China, the Foreign Trade Law of the People’s Republic of China, the Customs Law of the People’s Republic of…

Tungsten News
MOFCOM: Export Controls Implemented on Certain Rare Earth Equipment and Raw Materials 317

MOFCOM and GACC Announcement No. 56 of 2025: Announcement of a Decision to Implement Export Controls on Certain Rare Earth Equipment and Raw Materials [Issuing Unit] National Security and Control Bureau [Issuing Document Number] MOFCOM and GACC Announcement No. 56 of 2025 [Issuing Date] October 9, 2025 In accordance with the relevant provisions of the Export Control Law of the People’s Republic of China, the Foreign Trade Law of the People’s Republic of China, the Customs Law of the People’s…

Tungsten News
MOFCOM: Export Controls Implemented on Superhard Materials 906

MOFCOM and GACC Announcement No. 55 of 2025: Decision to Implement Export Controls on Superhard Materials [Issuing Unit] Security and Control Bureau [Issuing Document Number] MOFCOM and GACC Announcement No. 55 of 2025 [Date of Issue] October 9, 2025 In accordance with the relevant provisions of the Export Control Law of the People’s Republic of China, the Foreign Trade Law of the People’s Republic of China, the Customs Law of the People’s Republic of China, and the Regulations of the…

Tungsten News
Molybdenum Market – October 11, 2025 231

Molybdenum market update on October 11, 2025 The domestic molybdenum market overall continues to operate weakly, primarily reflected in obvious downward pressure on product prices, low enthusiasm among traders for market engagement, and limited actual transaction volumes. Today, the prices of molybdenum concentrate and molybdenum oxide both decreased by approximately 20 yuan per ton-unit. From the supply side, as the National Day holiday ends, many molybdenum manufacturers are gradually resuming normal production rhythms, which helps increase spot market supply. However,…

Tungsten News
Rare Earth Market – October 11, 2025 533

Rare earth market update on October 11, 2025 The overall operation of the domestic rare earth market remains weak, primarily reflected in low trading enthusiasm from both buyers and sellers, varying degrees of price declines across numerous products, and a limited number of new orders. Today, the prices of praseodymium oxide, praseodymium-neodymium oxide, and holmium oxide decreased by approximately 13,000 yuan per ton, 5,000 yuan per ton, and 10,000 yuan per ton, respectively. It is understood that during the traditional…

Tungsten News
JDC and Zijin Mining Sign Letter of Intent 62

On August 29, 2025, JDC (JinDuiCheng) and Zijin Mining Group Co., Ltd. signed a “Letter of Intent,” reaching a preliminary agreement to jointly develop the Shapigou Molybdenum Mine in Jinzhai, Anhui Province. It is reported that both Zijin Mining and JDC are shareholders of Jinsha Molybdenum Industry, with Zijin Mining holding an 84% stake and JDC holding a 10% stake. Jinsha Molybdenum Industry holds the mining rights for the Shapigou Molybdenum Mine, with total molybdenum metal resources of 2.1 million…

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