Tungsten News

Tungsten News
Lynas’ First Heavy Rare Earth Oxide Product: Dysprosium Oxide 4

On May 16, 2025, Australian company Lynas announced that its new production line in Malaysia successfully produced dysprosium oxide, marking its first heavy rare earth oxide product. The successful mass production of dysprosium oxide represents a critical step forward in Lynas’ rare earth supply chain development, significantly enhancing its supply chain resilience and opening a new overseas supply pathway for the global rare earth market. Notably, the raw material for this batch of dysprosium oxide comes from the Mt Weld…

Tungsten News
Lynas First Produces Terbium Oxide 3

On June 18, 2025, Lynas, an Australian company, announced that its advanced materials plant in Malaysia successfully achieved the first mass production of terbium oxide. This marks the company’s second heavy rare earth oxide product following the initial production of dysprosium oxide in May 2025. Amid China’s rare earth export controls and high overseas rare earth prices, this milestone by Lynas—the world’s largest rare earth company outside China—holds significant importance. It can help alleviate the urgent demand for rare earth…

Tungsten News
Tungsten Prices Stall After 20% Broad Surge – June 20, 2025 5

Analysis of Latest Tungsten Market from Chinatungsten Online This week, tungsten prices were stuck in a sideways trend, market confidence was divided, the resource side maintained the logic of supporting prices, the demand side had insufficient capacity to take over, the price transmission of the industrial chain was blocked, and some profit-taking orders were outflowed, affecting the transaction center of gravity. The market paid attention to the new round of quotations of large tungsten companies. Industry players generally believe that…

Tungsten News
Molybdenum Market – June 20, 2025 3

Molybdenum market update on June 20, 2025 This week, the domestic molybdenum market remained stable at high levels, with molybdenum product prices fluctuating within a narrow range and a strong sense of caution prevailing, influenced by firm raw material prices and a slight decline in steel tender prices. In the molybdenum concentrate market, conditions remain chaotic. Tight spot supplies combined with high production costs have led some suppliers to tentatively raise quotes to around 3,890 yuan/ton-degree. However, influenced by slowing…

Tungsten News
Rare Earth Market – June 20, 2025 7

Rare earth market update on June 20, 2025 This week, the domestic rare earth market exhibited a pattern of both rising and falling prices. Early in the week, limited downstream inquiries and relatively ample spot supplies for some products led many suppliers to slightly lower their quotes. However, nearing the weekend, bolstered by stronger production cost support and increased low-price procurement enthusiasm from downstream users, prices for certain products saw an uptick. According to CTIA GROUP LTD, this week, praseodymium-neodymium…

Tungsten News
First Discovery of Tungsten at Apollo Deposit in Colombia 20

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 12

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 14

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…

Tungsten News
Molybdenum Prices – June 19, 2025 11

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 19

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…

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