Tungsten News

Tungsten News
Molybdenum Market – July 11, 2025 3

Molybdenum market update on July 11, 2025 This week, the domestic molybdenum market exhibited a pattern of a significant initial increase followed by stabilization. Early in the week, driven by high downstream inquiry and procurement activity, tight raw material spot supply, rising international molybdenum prices, and multiple countries strengthening key mineral reserves, suppliers raised quotes noticeably. The largest single-day increases were approximately 170 yuan/ton-degree for molybdenum concentrate and 10,000 yuan/ton for ferro-molybdenum. Toward the weekend, as supportive factors weakened and…

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Rare Earth Prices – July 11, 2025 3

Rare earth market update on July 11, 2025 This week, domestic rare earth prices exhibited an overall oscillating upward trend, driven by increased inquiry and procurement activity from magnetic material enterprises, limited growth in spot supply, strong support from production costs, and the continued strategic importance of rare earths at the national level. Additionally, the rise in Northern Rare Earth’s third-quarter rare earth concentrate transaction prices has further boosted market sentiment. However, due to limited follow-through from downstream demand, traders…

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Tungsten Prices Hit New Highs – July 11, 2025 6

I. Tungsten Price Trend: All-Round Rise Breaks Through Historical Highs This week, tungsten prices continued to rise strongly. After the long-term order prices of major tungsten companies were announced, the market’s bullish sentiment increased. The supply of raw materials continued to be tight, pushing the prices of major products to continuously refresh historical highs. Affected by this, downstream deep-processing tungsten products passively followed the rise. However, end users have limited acceptance of high prices. Except for a small amount of…

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Tungsten Dual Role: Reflections Under the Surge of New Energy Vehicles 14

According to data from the China Passenger Car Association (CPCA), in June 2025, production and retail sales of new energy vehicles (NEVs) surpassed the milestones of 1.20 million and 1.111 million units respectively, with impressive year-on-year growth rates of 28.3% and 29.7%. Performance for the entire first half of the year was even more robust, with cumulative production and sales reaching 6.457 million and 5.468 million units, up nearly 40% year-on-year. The NEV industry is reshaping the global automotive landscape…

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Impact of the PV Industry’s Anti-Involution on Tungsten Wire 17

As the global energy structure shifts toward low-carbon solutions, the photovoltaic (PV) industry, a cornerstone of clean energy, faces intense market competition and technological upgrade pressures. Recent fluctuations in silicon wafer prices, industry production cuts, and policy guidance have introduced new challenges and opportunities for the PV supply chain. Among these, tungsten wire, a key consumable in diamond wire cutting, has garnered significant attention due to its advantages in enabling thinner wires for silicon wafer cutting. According to data from…

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Tungsten Exploration Investment Increased by Over 50% 13

According to the Ministry of Natural Resources, in the first half of 2025, my country made major breakthroughs in prospecting for important minerals, and 38 new mineral deposits were discovered; non-oil and gas mineral exploration investment continued to grow, among which the investment in exploration of tungsten and other minerals increased by more than 50% year-on-year. Recently, the Office of the Strategic Action for a New Round of Mineral Exploration Breakthroughs of the Ministry of Natural Resources introduced: In the…

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Tungsten Market: High Prices, Low Demand, a Dilemma 18

Analysis of Latest Tungsten Market from Chinatungsten Online Tungsten prices are in a strong cycle, but the contradiction between market supply and demand has intensified, confidence in various links of the industrial chain is mixed, and the overall trading atmosphere tends to be cautious. The supply of tungsten concentrate market continues to be tight, and prices remain high. The price of 65% black tungsten concentrate has reached RMB 176,000/ton, with a cumulative increase of more than 23% this year. Low-priced…

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Molybdenum Market – July 10, 2025 20

Molybdenum market update on July 10, 2025 The domestic molybdenum market is holding steady at high levels. Following a significant price surge for molybdenum products yesterday, raw material traders’ confidence in further price increases has weakened, with many adopting a wait-and-see approach. Meanwhile, downstream users are exercising caution toward high prices, leading to more conservative purchasing behavior. CTIA GROUP LTD views this as a normal market adjustment, suggesting that the trading sector needs time to digest the impact of recent…

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Rare Earth Market – July 10, 2025 26

Rare earth market update on July 10, 2025 The domestic rare earth market exhibits localized stability with some small price adjustments. Dysprosium oxide prices have increased by approximately 20,000 yuan/ton, while neodymium-iron-boron (NdFeB) scrap (praseodymium-neodymium) prices have risen by about 5 yuan/kg. In the light rare earth market, overall conditions remain stable. Although the current period marks the traditional consumption season for rare earth permanent magnet materials, with downstream demand showing some release compared to earlier, the recent volatile price…

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[Know Molybdenum] Key Applications of Molybdenum-Copper Sheet in Electronic Packaging 24

Mo60Cu40 molybdenum-copper sheet is a metal composite material composed of 60% molybdenum and 40% copper, combining molybdenum’s high strength with copper’s excellent thermal conductivity. This alloy sheet features outstanding thermal stability and mechanical properties, effectively resisting thermal expansion and mechanical stress under high-temperature conditions. Molybdenum-copper sheets are widely used in electronic packaging, heat sinks, vacuum electronic devices, and high-temperature heat exchange systems, serving as thermal management and structural support materials to ensure stable operation under harsh conditions. Its excellent thermal…

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