Tungsten News

Tungsten News
Henan Proposes Adjustment to Tungsten Mining Utilization Quotas 53

According to CTIA GROUP LTD Online, the Henan Provincial Department of Natural Resources proposes to adjust the tungsten mining utilization target set in the “Henan Provincial Mineral Resources Master Plan (2021-2025)” from an annual output of 11,750 tons to “implemented according to quotas issued by the Ministry of Natural Resources,” with the indicator nature remaining “binding.” The first batch of tungsten mining (WO3, 65%) total control quotas for Henan Province in 2025 is 7,050 tons, remaining stable year-on-year; in 2024,…

Tungsten News
Baotou Rare Earth Prices Mostly Increased Month-on-Month in July 2025 59

Recently, the Baotou Municipal Bureau of Industry and Information Technology reported that, in July 2025, among the 36 key industrial products monitored in Baotou, compared to the previous month, the prices of 4 products—high-carbon ferrochrome, photovoltaic modules, metallic lanthanum, and metallic cerium—remained stable; the prices of 23 products, including hot-rolled coils, A00 aluminum, polysilicon, and neodymium oxide, increased; and the prices of 9 products, such as rebar, polypropylene, and fluorite, decreased. Compared to the same month last year, the prices…

Tungsten News
Molybdenum Market – August 20, 2025 80

Molybdenum market update on August 20, 2025 The domestic molybdenum market continues to maintain a steady yet slightly strong operation, primarily reflected in the reasonable enthusiasm of traders for market participation, varying degrees of price increases for mainstream products, and a relatively significant actual transaction volume. Today, the prices of molybdenum concentrate, ferromolybdenum, and ammonium tetramolybdate increased by approximately 20 yuan per ton-unit, 2,000 yuan per ton, and 3,000 yuan per ton, respectively. In the molybdenum concentrate market, the trading…

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Rare Earth Market – August 20, 2025 247

Rare earth market update on August 20, 2025 The overall domestic rare earth market continues to trend upward, driven by multiple factors: heightened inquiry and procurement enthusiasm from magnetic material enterprises, difficulty in increasing spot supply, and strong speculative sentiment among suppliers, leading to another significant surge in praseodymium-neodymium raw material prices. Under these conditions, the prices of neodymium-iron-boron blanks and other rare earth raw materials have also risen. Today, praseodymium oxide prices increased by approximately 52,000 yuan per ton,…

Tungsten News
Tungsten Market Fever Persists – August 20, 2025 343

Analysis of Latest Tungsten Market from Chinatungsten Online In recent days, tungsten prices have been rising rapidly by RMB 5,000-10,000/ton per day. Previously, China Tungsten Online analyzed that this surge in tungsten prices is primarily due to the convergence of multiple factors—supply contraction, growing demand, policy support, and market sentiment—and that there is fundamental support behind this surge. However, with speculative sentiment continuing to build and the market showing signs of “overheating,” China Tungsten Online urges all industry players to…

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2025 First Batch Rare Earth Mining and Smelting Separation Total Control Quotas 229

Recently, Caixin reported that the first batch of rare earth mining and smelting separation total control quotas for 2025 has been issued to China Rare Earth Group and Northern Rare Earth, but no public disclosure has been made. China Rare Earth is primarily engaged in rare earth resource development, smelting separation, deep processing, and the import-export trade of rare earth products. China Rare Earth Group is a leading, internationally prominent, comprehensive, and international large-scale rare earth industry group, integrating heavy…

Tungsten News
Why are Tungsten Prices Skyrocketing? 670

The questions we’ve been asked most recently are: Why will tungsten prices skyrocket in 2025? How can the tungsten supply shortage be resolved? How will new energy and military demand affect the tungsten market? What impact will export control policies have? What are the future trends for tungsten prices? … As a professional company with over 30 years of experience in tungsten production and operations within the tungsten industry chain and providing information services for the tungsten and molybdenum industries,…

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Molybdenum Market – August 19, 2025 95

Molybdenum market update on August 19, 2025 The domestic molybdenum market is maintaining a stable operation at high levels. Amid a mix of bullish and bearish factors, the negotiation atmosphere between buyers and sellers remains moderate, making it difficult to update product prices and limiting transaction volumes. Currently, industry players are particularly focused on the shipment situation of molybdenum mining enterprises and the performance of steel tender quantities and prices. On the bullish side: first, with the military parade on…

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Rare Earth Market – August 19, 2025 148

Rare earth market update on August 19, 2025 The domestic rare earth market is exhibiting a general upward trend, with praseodymium-neodymium oxide prices increasing by approximately 30,000 yuan per ton and praseodymium-neodymium metal prices rising by about 45,000 yuan per ton. Compared to the previous few days, the price increases have notably widened. Driven by a significant rise in the prices of mainstream light rare earth raw materials, the price of neodymium-iron-boron blanks has also seen a marked upturn, with…

Tungsten News
65% Wolframite Concentrate Price Breaks RMB 210,000 – August 19, 2025 129

Analysis of Latest Tungsten Market from Chinatungsten Online Tungsten prices continue to soar with unstoppable momentum, increasingly detached from fundamental support, reflecting a market revaluation of critical mineral resources and heightened speculative fervor. The surge in raw material prices has brought tremendous operational pressure to downstream tungsten material, cemented carbide, and tungsten alloy enterprises. Costs for these companies have skyrocketed, but in the short term, it is difficult to effectively pass these increases on to end users. Under this high-pressure…

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