Tungsten News

Tungsten News
Rare Earth Prices Update – May 20, 2025 216

Rare earth market update on May 20, 2025 Domestic rare earth prices remain locally stable with some slight declines, primarily due to insufficient inquiry and procurement enthusiasm from downstream users and the relatively high levels of raw material spot inventory. Today, prices for praseodymium-neodymium metal, gadolinium oxide, and terbium oxide have decreased by approximately 1,000 yuan, 3,000 yuan, and 20 yuan, respectively. According to CTIA GROUP LTD, the weak market demand is mainly attributed to two factors: first, compared to…

Tungsten News
Zijin Mining Has Discovered the Largest Porphyry Copper-Molybdenum Deposit in Fujian in Nearly 20 Years 55

According to Fujian Daily, Zijin Mining recently received a resource reserve evaluation approval certificate from the Fujian Provincial Natural Resources Evaluation Center for its “Zijinshan Mine Northeast Ore Section Copper Exploration Report.” This copper mine, identified as the largest porphyry copper-molybdenum deposit discovered in Fujian in nearly 20 years, has a cumulative ore volume of 340 million tons, with 1.33 million tons of copper metal resources and 90,000 tons of molybdenum metal resources. Within the Zijinshan Mine exploration area, centered…

Tungsten News
Jiangxi Releases New Geological Data Directory for Tungsten and Rare Earth in Q4 2024 92

As of 12:23 AM PDT on Tuesday, May 20, 2025, recent information from the Jiangxi Provincial Department of Natural Resources indicates that the fourth quarter of 2024 saw the addition of 242 new geological data entries, including 8 related to the tungsten industry, 3 to the molybdenum industry, and 11 to the rare earth industry. Below is a compiled list of new geological data entries related to the tungsten, molybdenum, and rare earth industries, organized by CTIA GROUP LTD: I.…

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Fujian: Promoting Large-Scale Development and Utilization of Tungsten and Other Mineral Resources 57

The Fujian Provincial Department of Natural Resources recently announced, as part of its response to Proposal No. 20251363 from the Third Session of the 13th Fujian Provincial Committee of the Chinese People’s Political Consultative Conference, several measures to promote the large-scale development and utilization of mineral resources. Focusing on strategic resources, five national planning mining areas have been designated: Xinluo Wan’an Rare Earth Mine, Shanghang Yangpokeng-Wuping Jinqiao Rare Earth Mine, Wuyishan Shangxikeng-Pucheng Hantangwu Molybdenum Fluorite Mine, Gutian Xichao Molybdenum Mine,…

Tungsten News
Inner Mongolia Shamai Tungsten Mine: Wolframite Metal Content Surpasses 40,000 Tons 51

Recently, the 514 Geological Brigade of the North China Geological Exploration Bureau announced that the resource verification report for the Shamai Tungsten Mine project, implemented by its Mineral Exploration Institute, has successfully passed the expert review by the Ministry of Natural Resources. Exploration revealed the immense potential of the Shamai Tungsten Mine, with resource reserves reaching a new high and the discovery of associated minerals like silver. The total identified wolframite metal content exceeds 40,000 tons, with newly added resources…

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Fujian Sanjingjue Tungsten Mine Inspection Achieves Excellent Results 32

The Fujian Provincial Department of Natural Resources recently announced that the Tungsten Exploration Project in the Sanjingjue tungsten mine of Shaowu City and the 1:50,000 Songkouping Regional Mineral Geological Survey Project in Fujian have both passed their field inspections with an excellent rating. The Tungsten Exploration Project in the Sanjingjue Mining Area of Shaowu City, undertaken by the Fujian Minbei Geological Brigade, is a strategic mineral exploration project commissioned by the Provincial Department of Natural Resources in 2024. The project…

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Tungsten Prices at a Crossroads – May 20, 2025 155

Analysis of Latest Tungsten Market from Chinatungsten Online Tungsten prices are at a high level and sideways, and the psychological game of all parties in the industrial chain has intensified. Under the resonance of tight supply and strategic premium, the mentality of holders remains strong; buyers are unable to fully pass on costs due to weak orders, and are not willing to accept goods; in addition, participants are wary of external capital withdrawal and some speculative inventory selling pressure. The…

Tungsten News
Tungsten Prices Stay High, Market Stays Calm 102

Analysis of Latest Tungsten Market from China Tungsten Online Based on decades of market experience and multi-party communication, China Tungsten Online believes that the current sharp rise in tungsten prices in the short term lacks strong support from supply and demand: tungsten miners are profitable and actively producing; smelters are trying to avoid risks and purchase raw materials on demand; alloys are cautious and try to consume inventory. In the absence of incremental demand stimulation, the overall order volume of…

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Molybdenum Market Update – May 19, 2025 105

Molybdenum market update on May 19, 2025 At the beginning of the week, the domestic molybdenum market in China maintained stable operations, with a mix of bullish and bearish factors creating a slightly stalemated negotiation atmosphere between buyers and sellers. This has led to product prices fluctuating within a reasonable range and limited actual transaction volumes. Today, molybdenum concentrate and ferromolybdenum prices are approximately 3,530 yuan/ton-degree and 230,000 yuan/ton, respectively. On the positive side, strong production cost support, gradual consumption…

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Rare Earth Prices Update – May 19, 2025 131

Rare earth market update on May 19, 2025 At the beginning of the week, domestic rare earth prices in China showed no significant changes, with praseodymium-neodymium oxide, gadolinium oxide, and holmium oxide stabilizing at approximately 435,000 yuan/ton, 170,000 yuan/ton, and 525,000 yuan/ton, respectively. From the supply side, with rare earth manufacturers maintaining normal production rhythms, prolonged weak downstream demand, and limited exports of certain rare earth products, the market spot supply remains relatively ample. From the demand side, although downstream…

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