Tungsten News

Tungsten News
First Discovery of Tungsten at Apollo Deposit in Colombia 39

According to Mining Journal, Collective Mining has achieved a significant breakthrough in shallow drilling at the Apollo deposit within its Guayabales project in Caldas Province, central Colombia. Preliminary sampling analysis indicates the deposit contains high-grade tungsten, copper, silver, and gold, further expanding the outcrop range of the Apollo deposit. This discovery marks the first identification of tungsten in this region in Colombia’s history, holding significant strategic importance. The drilling program involved 30 holes, with key mineralization details from the first…

Tungsten News
Two Advanced and Applicable Exploration Technologies Related to Tungsten 27

On June 6, 2025, the General Office of the Ministry of Natural Resources issued the “List of Advanced and Applicable Exploration Technologies for the New Round of Strategic Actions for Mineral Exploration Breakthroughs (First Batch)”, of which there are 2 technologies related to tungsten: 1. Field Testing Technology for Solid Minerals Applicant: National Geological Experimental Testing Center Technical Content: The laboratory is moved forward to the front line of mineral exploration, shortening the analysis cycle to 24-48 hours, realizing the…

Tungsten News
Four Advanced and Applicable Exploration Technologies Related to Molybdenum 28

On June 6, 2025, the General Office of the Ministry of Natural Resources issued the “List of Advanced and Applicable Exploration Technologies for the Promotion of a New Round of Strategic Actions for Mineral Exploration Breakthroughs (First Batch)”, of which there are 4 technologies related to molybdenum: 1. Rhenium-Osmium Isotope Dating Technology-National Geological Experimental Testing Center Applicant: National Geological Experimental Testing Center Technical Content: Rhenium-osmium isotope dating technology obtains isotopic age by measuring the content and isotope ratio of rhenium…

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Molybdenum Prices – June 19, 2025 56

Molybdenum market update on June 19, 2025 Domestic molybdenum prices are caught in a challenging stalemate, with strong supplier reluctance to sell at lower prices clashing with limited buyer consumption capacity, resulting in a stagnant trading atmosphere and modest new order volumes. However, over the long term, many industry players remain optimistic about a positive market outlook. On the bullish side, the tight supply of raw materials and high production costs make price reductions difficult for raw material suppliers, with…

Tungsten News
Rare Earth Market – June 19, 2025 49

Rare earth market update on June 19, 2025 The domestic rare earth market continues to operate in a weak trend, with mainstream product prices experiencing varying degrees of decline, such as praseodymium-neodymium oxide dropping by approximately 2,000 yuan/ton, praseodymium-neodymium metal by about 5,000 yuan/ton, and terbium oxide by around 10 yuan/kg. Recently, with falling raw material prices, neodymium-iron-boron blank prices have also decreased. However, due to significant support from production costs and limited supply increases for some products, holders have…

Tungsten News
Tungsten Market Remains Calm, Trading in Stalemate – June 19, 2025 38

Analysis of Latest Tungsten Market from Chinatungsten Online The current tungsten market presents a delicate balance of “supply and demand stalemate but cost rigidity support”. Buyers think it is too expensive, sellers are reluctant to sell, and spot trading volume continues to be sluggish. Industry players are paying attention to the import and export data for May to be announced, and the new round of tungsten enterprise long-term purchase prices. The scarcity of tungsten concentrate resources remains unchanged, but some…

Tungsten News
Guangdong to Ensure Stable Supply of Medical Isotopes Including Molybdenum-99 Over the Next Five Years 30

The plan emphasizes ensuring a stable supply of major medical isotopes. It aims to address supply gaps by researching and constructing internationally advanced research reactors and supporting experimental production facilities. This will enable differentiated production and stable supply of key medical isotopes such as molybdenum-99, carbon-14, strontium-89, yttrium-90, iodine-125, iodine-131, and lutetium-177, while breaking through technologies for developing and producing new medical isotopes. Molybdenum-99 (??Mo) is a radioactive isotope of molybdenum, with 42 protons, 57 neutrons, and a half-life of…

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Guangdong Baishizhang Molybdenum Mine Adds 100,000 Tons of Molybdenum Metal 28

The “Guangdong Wuhua County Baishizhang Mining Area Molybdenum Resource Verification Report,” compiled by the Guangdong Institute of Mineral Resources Exploration, has successfully passed its review. The report indicates an additional 100,000 tons of molybdenum metal, elevating the resource scale to a large category. The project’s concession holder, granted mining rights in 2007, originally planned underground mining. However, due to low molybdenum prices at the time, the mine remained unoperational, leaving its resource advantage unexploited economically. To reverse this, in November…

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Molybdenum Market – June 18, 2025 41

Molybdenum market update on June 18, 2025 The domestic molybdenum market continues to operate steadily, with a balance of bullish and bearish factors leading to intense price negotiations between buyers and sellers. This has resulted in product prices fluctuating within a reasonable range, while trading volumes remain moderate. In the molybdenum concentrate market, conditions are somewhat chaotic. With steel tender prices and downstream demand declining compared to earlier periods, confidence in price support among some molybdenum mining companies has wavered.…

Tungsten News
Rare Earth Market – June 18, 2025 42

Rare earth market update on June 18, 2025 The domestic rare earth market is operating steadily, with a balanced supply-demand dynamic fostering a subdued trading atmosphere between buyers and sellers. Most rare earth product prices remain stable, while new order volumes are limited. On the supply side, multiple factors contribute to sluggish market growth. First, stringent environmental regulations persist, coupled with low rare earth prices and subdued downstream inquiry enthusiasm, prompting some producers to slow capacity releases. Second, tight overseas…

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