Tungsten News

Tungsten News
China Exported over 350 Tons of Rare Earth Magnets to the United States in June 32

According to Global Times, data released by the General Administration of Customs on the 20th shows that in June, China, the world’s largest producer of rare earth magnets, saw its exports to the United States surge to 352.8 tons, a 660% increase from May. This marks a sharp recovery in the export of critical minerals needed for electric vehicles and wind turbines following a trade agreement between China and the United States. Rare earth magnets, as high-performance permanent magnetic materials…

Tungsten News
China’s “Zero Tolerance” Policy on Smuggling of Strategic Minerals 42

On July 19, 2025, the Office of the National Export Control Coordination Mechanism organized a meeting in Nanning, Guangxi, involving units such as the Ministry of Commerce, Ministry of Public Security, Ministry of State Security, General Administration of Customs, National Postal Administration, Supreme People’s Court, and Supreme People’s Procuratorate to advance the special operation against the smuggling and export of strategic minerals. The meeting reviewed and reported on initial progress, comprehensively analyzed the current situation regarding anti-smuggling efforts, and made…

Tungsten News
Brazil’s Rare Earth Exports to China Doubled in the First Half of the Year 213

According to the South China Morning Post, in the first half of 2025, Brazil’s rare earth exports to China doubled in volume, and China’s rare earth imports surged to a historical high. The report states that Brazil’s rare earth export value to China reached $6.7 million, three times that of the same period in 2024. Although this figure remains relatively small in absolute terms, analysts believe it indicates China’s efforts to diversify its sourcing channels for strategic minerals. Rare earths…

Tungsten News
Tungsten Prices Surge and Policies Support Drive New Industry Cycle 53

Analysis of Latest Tungsten Market from Chinatungsten Online The tungsten market has been running strongly this year, and the prices of products in the entire industry chain have generally risen, forming a cost deferral and transmission pattern from “tungsten concentrate-tungsten smelting-deep processing of tungsten products”. Major resource-based enterprises and important smelting enterprises in the industry chain have basically reached a consensus, and their external quotations have demonstrated their tacit understanding of high prices to the industry. At the national level,…

Tungsten News
Molybdenum Market – July 22, 2025 39

Molybdenum market update on July 22, 2025 The domestic molybdenum market exhibits an overall stable but weak pattern, primarily characterized by a continued slight decline in molybdenum raw material prices, low trading sentiment among traders, and slow order growth. However, supported by strong production costs and the continuous introduction of favorable policies, suppliers have limited room for price concessions. In the molybdenum concentrate market, product quotation has decreased to around 3,960 yuan per ton-degree, mainly due to weakening steel tender…

Tungsten News
Rare Earth Prices – July 22, 2025 328

Rare earth market update on July 22, 2025 Domestic rare earth prices remain partially stable, with some showing slight increases, including praseodymium-neodymium oxide price increasing by approximately 2,000 yuan per ton and praseodymium-neodymium metal price increasing by about 5,000 yuan per ton. In the light rare earth market, the overall situation reflects a pattern of prices without significant trading activity. Due to recent active bidding for China Northern Rare Earth’s praseodymium-neodymium metal and limited spot supply, many suppliers are confident…

Tungsten News
The 25th New Mineral of the Bayan Obo Deposit: Huanghoite-(Nd) 54

Recently, the International Mineralogical Association’s Commission on New Minerals, Nomenclature and Classification (IMA-CNMNC) unanimously approved a new mineral, “Huanghoite-(Nd),” discovered and submitted by a joint research team from China University of Geosciences and the Inner Mongolia Autonomous Region Geological Survey Institute, with the approval number IMA No. 2025-014. The discovery of Huanghoite-(Nd) is one of the innovative outcomes of the comprehensive budget project of the Inner Mongolia Autonomous Region Natural Resources Department, titled “Study on the Distribution Patterns and Occurrence…

Tungsten News
Concerning Rare Earth, Latest Disclosure by the Ministry of State Security 117

On July 18, the Ministry of State Security published an article titled “Key Point! It’s Not Ordinary Soil”, with the full text as follows: Rare earth-related items have dual-use military and civilian attributes and are national strategic resources. To better safeguard national security and interests, China has drawn on international practices and implemented export controls on rare earth-related items in accordance with the law. However, in recent years, foreign intelligence agencies and their proxies have attempted to collude with and…

Tungsten News
Yarlung Zangbo River Downstream Hydropower Project Benefits Tungsten Industry 85

On July 19, the Yarlung Zangbo River downstream hydropower project officially started. The Yarlung Zangbo River downstream hydropower project is expected to have a total investment of 1.2 trillion yuan within ten years. It will build a 5-level hydropower station with a scale three times that of the Three Gorges Dam in a high-altitude mountainous area of more than 3,000 meters above sea level in Linzhi, Tibet, with a straight-line distance of about 50 kilometers and a drop of more…

Tungsten News
Tungsten Raw Material and Scrap Prices Hit New Highs – July 21, 2025 275

Analysis of Latest Tungsten Market from Chinatungsten Online The tungsten market continued to rise on Monday, and the prices of major tungsten raw materials and tungsten waste products reached new highs! Among them, the price of tungsten powder is only a stone’s throw away from the psychological barrier of 400/kg that the industry is paying attention to. However, it will take time to digest the high-priced transactions, and the accumulated risks in the market have not yet found an effective…

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