A mine in Henan sold 810 mt of molybdenum concentrate via tender on the 26th.

SMM February 25 News: According to official information gathered by SMM, Baiyin Nonferrous Copper Company has initiated a public tender today for 1 ton of tellurium ingots from its production. Official details show that this batch of tellurium ingots meets the Te99.95 quality standard. The tender base price is set at a discount of RMB 30/kg. The inventory is located at the factory warehouse. Transportation costs are to be borne by the purchaser. The registration deadline is before 5 PM on February 4, 2026, and the bidding is scheduled to commence at 3 PM on March 4, 2026.

[SMM Tungsten Express] Viking Mines completed technical due diligence on its Linka tungsten project in Nevada, confirming high-grade mineralization potential. Historical drilling returned 7.9m at 0.9% WO₃ from shallow depth, with new discovery extending strike to 1.6km. Surface stockpiles assayed 0.8% WO₃. As the U.S. moves to eliminate Chinese materials from defense supply chains ahead of a late-2026 policy deadline, the company plans 2026 drilling to fast-track domestic tungsten supply development.