Tungsten News

Tungsten News
Tungsten Ore and APT Prices Remain Stable – June 18, 2025 32

Analysis of Latest Tungsten Market from Chinatungsten Online Tungsten prices continue to be in a stalemate and sideways stage, and the game between upstream and downstream is stalemate. The cost support of basic raw materials is strong, but the downstream terminals of alloys lack consumption initiative, the market transaction maintains a rigid demand state, and the market fluctuations are limited in the short term. The main positive factors of the current tungsten market: resource scarcity support, strategic attributes support, and…

Tungsten News
China Successfully Produces Yttrium-90 Using a Commercial Nuclear Reactor 20

On June 14, China National Nuclear Corporation (CNNC) Qinshan Nuclear Power Plant achieved another breakthrough: Yttrium-90 (Y-90) glass microspheres irradiated in a heavy water reactor were successfully removed and passed all relevant inspections. This milestone marks China’s elimination of its previous heavy reliance on imported Y-90 microspheres and establishes the nation as one of the few in the world capable of producing this cutting-edge medical product using a commercial nuclear reactor. Y-90 microspheres are primarily produced from Yttrium-89 (Y-89), which…

Tungsten News
Molybdenum Market – June 17, 2025 18

Molybdenum market update on June 17, 2025 The domestic molybdenum market is currently showing a high-level stalemate. With suppliers generally unwilling to lower prices and downstream purchases mainly focused on rigid demand, product prices are fluctuating within a narrow range, and actual transaction activity remains moderate. Recently, a molybdenum concentrate from a mine in Yunnan was sold at RMB 3,822 per ton-unit. On the supply side, although downstream enterprises have shown less enthusiasm for inquiries and procurement compared to previous…

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Rare Earth Market – June 17, 2025 16

Rare earth market update on June 17, 2025 The domestic rare earth market has remained in a sideways trend overall, with low trading activity and no significant price fluctuations due to traders largely maintaining rigid, demand-driven transactions. As of today, the prices of neodymium oxide, erbium oxide, and holmium oxide are approximately RMB 450,000/ton, RMB 305,000/ton, and RMB 520,000/ton, respectively. On the positive side, two key factors are supporting the market. First, production costs remain high, overseas rare earth prices…

Tungsten News
Tungsten Market Stalemate Persists – June 17, 2025 21

Analysis of Latest Tungsten Market from Chinatungsten Online Tungsten prices continue to stabilize, and the supply-demand stalemate continues. On the one hand, the scarcity of tungsten resources and the value attributes of strategic resources continue to support the market. On the other hand, buyers are afraid of high prices and have no intention to follow up with more mining, and transactions are negotiated on a case-by-case basis. The market volatility trend is not clear yet, and participants generally take a…

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The Rare Earth Permanent Magnet Sector Performed Strongly 19

The first U.S.-China economic and trade consultation mechanism meeting was held in London on June 9-10, 2025. Reports indicate that both sides reached a framework agreement in principle to implement the consensus from the June 5 leaders’ call and the Geneva talks. The U.S. Commerce Secretary stated that the trade framework and implementation plan with China should resolve restrictions on rare earths and magnetic materials. In the context of the meeting’s focus on rare earths and technology exports, the rare…

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Molybdenum Market – June 16, 2025 30

Molybdenum market update on June 16, 2025 At the beginning of the week, the domestic molybdenum market exhibited a weak trend. As earlier bullish factors fade, raw material suppliers’ confidence in maintaining prices has weakened, leading to a thickening atmosphere of market caution. In the short term, industry players are adopting a cautious stance toward future market conditions. According to CTIA GROUP LTD, the previous price increase was supported by tight molybdenum concentrate spot supply and steady downstream demand, prompting…

Tungsten News
Rare Earth Market – June 16, 2025 36

Rare earth market update on June 16, 2025 At the beginning of the week, the domestic rare earth market exhibited a weak trend, with limited supplier price concessions and lackluster downstream demand growth leading to a subdued trading atmosphere. Some product prices saw a slight downward shift, and market participants expressed cautious confidence in future prospects. Today, praseodymium-neodymium metal, terbium oxide, and dysprosium-iron alloy prices dropped by approximately 2,000 yuan/ton, 50 yuan/kg, and 20,000 yuan/ton, respectively. However, bolstered by robust…

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Tungsten Prices Experience a Slight Periodic Decline – June 16, 2025 99

Analysis of Latest Tungsten Market from Chinatungsten Online Tungsten prices show a periodic correction feature, and the profit-taking sentiment of holders and the increase in price-cutting inquiries from buyers have increased, so the overall downward adjustment transaction has increased slightly. However, due to the outstanding contradiction between the support of the raw material end and the cautious mining on the consumer end, the market actual order transaction volume is not large, and the transaction price fluctuation is limited. The tungsten…

Tungsten News
Molybdenum Market – June 13, 2025 27

Molybdenum market update on June 13, 2025 The domestic molybdenum market is currently in a high-level stalemate phase, with a mix of bullish and bearish factors leading to a somewhat stagnant negotiation atmosphere between buyers and sellers. Product prices remain relatively stable, and actual transaction volumes are moderate. According to CTIA GROUP LTD, influenced by the recent significant rise in molybdenum raw material prices, several molybdenum wire production companies have raised their product prices since June. For instance, the price…

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