Tungsten News

Tungsten News
Molybdenum Market – June 12, 2025 38

Molybdenum market update on June 12, 2025 The domestic molybdenum market is experiencing a high-level decline, with reduced steel tender volumes and prices, alongside a gradual drop in international molybdenum prices, leading to increased profit-taking awareness among molybdenum mining companies and a thickening atmosphere of market caution. Today, molybdenum concentrate prices continued to decline slightly. According to CTIA GROUP LTD, this minor price drop is a normal phenomenon, primarily due to a noticeable rise in molybdenum raw material prices since…

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Rare Earth Market – June 12, 2025 92

Rare earth market update on June 12, 2025 The domestic rare earth market is maintaining a generally weak trend, with mainstream product prices declining to varying degrees. Praseodymium-neodymium oxide, gadolinium oxide, and dysprosium oxide prices have decreased by approximately 3,000 yuan/ton, 1,000 yuan/ton, and 20,000 yuan/ton, respectively. Under these conditions, downstream demand has not shown significant growth, primarily due to limited working capital among buyers and the lack of a strong short-term expectation for a sharp rise in rare earth…

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U.S.-Japan Tariff Negotiations: China’s Rare Earths Take Center Stage 42

According to a Global Times report citing Nikkei Asia, Japan plans to propose a comprehensive cooperation package with the U.S. during the fifth round of tariff negotiations, focusing on addressing disruptions to Chinese rare earth and U.S. liquefied natural gas (LNG) supply chains amid U.S.-China tensions. Japan aims to collaborate with the U.S. on this front. The report highlights Japan’s strengths in rare earth processing, recycling, and usage reduction. One proposal includes offering these technologies to the U.S. and assisting…

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Rare Earth Export Controls: Upholding International Economic Order 29

Recently, some countries have expressed concerns over China’s export controls on medium and heavy rare earths. It must be emphasized that all parties should rationally and objectively view the legitimacy and necessity of China’s rare earth export controls, respecting China’s legitimate rights in managing its resources, and jointly uphold international economic order, peace, and security. The core objective of implementing export controls on medium and heavy rare earths is to safeguard national security and fulfill international non-proliferation obligations. Rare earth-related…

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China’s Regulation of Rare Earth Exports Is Reasonable and Legal 32

Recently, China announced new regulations to strengthen export controls on certain rare earth-related items, sparking widespread attention and varied interpretations. Some foreign media have labeled this move as a “diplomatic card” or “strategic weapon” in trade disputes. However, when viewed within the broader framework of global governance norms, China’s own industrial development needs, and international responsibilities, a more fair and rational conclusion emerges: this step reflects China’s proactive alignment with international practices, elevation of governance standards, and fulfillment of its…

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Impact of China’s Rare Earth Export Controls on the Automotive Industries of Some Countries 73

On June 5, 2025, during the Foreign Ministry’s regular press conference, a Japanese media reporter raised concerns about reports that China’s rare earth export controls have delayed automotive parts procurement, leading Suzuki to suspend production of its main compact models in Japan—a first for the country. Foreign Ministry spokesperson Lin Jian responded that China’s export control measures align with international norms, are non-discriminatory, and not targeted at any specific country. He suggested directing specific inquiries to the relevant Chinese authorities.…

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Molybdenum Market – June 11, 2025 43

Molybdenum market update on June 11, 2025 The domestic molybdenum market is experiencing a high-level oscillatory trend, with product prices fluctuating within a narrow range under the dual influence of suppliers’ strong reluctance to sell amid bullish sentiment and stable downstream inquiry and procurement activity. Currently, molybdenum concentrate and ferromolybdenum prices are approximately 3,860 yuan/ton-unit and 249,000 yuan/ton, respectively. On the bullish side, factors include: first, the significant environmental enforcement and declining ore grades have led to reduced output from…

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Rare Earth Market – June 11, 2025 54

Rare earth market update on June 11, 2025 The domestic rare earth market is maintaining a stable operation, primarily reflected in product prices fluctuating within a narrow range, traders largely adhering to rigid transactions, and moderate trading volumes. Today, praseodymium-neodymium oxide, erbium oxide, and dysprosium-iron alloy prices are stabilizing at approximately 449,000 yuan/ton, 305,000 yuan/ton, and 1,610,000 yuan/ton, respectively. On the supply side, factors include: first, due to earlier low rare earth prices, stricter environmental policies, and high energy costs,…

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Tungsten Ore and Ferrotungsten Prices Remain Stable – June 11, 2025 49

Analysis of Latest Tungsten Market from Chinatungsten Online Tungsten prices remain stable at a high level, and the market transaction atmosphere is relatively slow, but there is still rigid demand circulation support. The quotations of institutions and major tungsten companies at the beginning of the month generally released stable signals, which supported market sentiment. However, the market faces resistance to further upward exploration, and the market is not active enough. The market is temporarily sideways. There is no obvious intention…

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Molybdenum Market – June 10, 2025 61

Molybdenum market update on June 10, 2025 The domestic molybdenum market is exhibiting a generally favorable trend, with product prices remaining relatively high yet attracting numerous downstream users to enter the market. The trading atmosphere is active, and order growth is rapid. In the molybdenum concentrate market, a strong bullish sentiment prevails, driven by tight spot supply and steady downstream demand, prompting molybdenum mining companies to raise their quotes again. However, under these conditions, some holders, such as certain mining…

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