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IMOA issues first-ever quarterly statistics

02/08/2010

The International Molybdenum Association (IMOA) has released quarterly production and use statistics for the first time ever.

They show that in the first three months of this year (2010) 124.4 million lbs of Molybdenum were produced world-wide, with China the biggest producer at 43 million lbs. North and South America followed with 36.2 million lbs and 31.1 million lbs respectively. Other producing countries accounted for the remaining 14.1 million lbs.

China was also the biggest user of Molybdenum, using 29.8 million lbs, with Europe not far behind on 29.2 million lbs. The USA used 17.6 million lbs; Japan 14.4 million lbs, the CIS 4.4 million lbs and other countries 29.8 million lbs.

Tim Outteridge, Secretary-General of IMOA, said: “We have previously only published annual production and use statistics. The quarterly statistics are a part of our Strategic Plan initiatives to improve member services”.

For further information contact:
Dianne Nott
T: +44 (0)1925 267557
M: +44 (0)7860 272754
E: dianne@stratia.co.uk

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