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IMOA publishes 2013/14 Annual Review

13/10/2014

The International Molybdenum Association (IMOA) has published its Annual Review for 2013/14, documenting the work of the Association on behalf of its members over the year.

Tim Outteridge, Secretary-General, said: “Our work to develop and maintain access to markets on behalf of our membership continued, with ongoing initiatives in market development and health and safety. In parallel, we have been developing a new strategic plan based on members’ feedback and designed to build on our collective strength as a global community.

“The award of Mutual Acceptance of Data (MAD) status for IMOA’s toxicological dataset was an outstanding achievement. Awarded by the OECD, the dataset is now the key reference point for the development or review of any legislation concerning molybdenum in over 40 countries. We have also completed a key scientific study which means that IMOA’s marine dataset is now fully compliant with U.S. environmental quality standard setting criteria.”

IMOA continues to support members in technical discussions around the world, sharing robust data and aiming to ensure a fair outcome in regulatory matters. Additionally, IMOA’s Molybdenum Consortium (MoCon) completed the first updates of technical dossiers with significant new scientific data, as required by the EU’s REACH regulation.

“Market development activities have focused on raising the profile of molybdenum in steel across a range of sectors,” said Mr Outteridge. “IMOA has been very active in the dissemination of ‘Steel Design Guide 27’, published by the American Institute of Steel Construction in September 2013, co-sponsoring a rollout workshop, a live webinar and a presentation and booth at AISC’s annual conference early in 2014. Successful trials of new molybdenum-containing multiphase and press-hardening steel took place at a number of mills throughout Europe and Asia, with an expansion in the use of molybdenum alloying expected. China remains an important target and IMOA has co-founded a promotion group to popularize stainless steel in this vast potential market. Additionally, IMOA’s research program to find new and expanded uses for molybdenum continues with nine projects currently active.

“Our work to promote molybdenum’s contribution to sustainable development gathered further momentum this year. We added four more case studies to our portfolio of evidence, examining molybdenum’s role in desalination plants, crop nutrition, automotive manufacture and more efficient fossil fuel power stations. Additionally, we commissioned an LCA study working with PE International, examining the role of molybdenum in ‘lightweighting’ cars in more detail. The study found that a component manufactured from advanced high-strength steel containing molybdenum in the new model Ford Fusion reduced attributable greenhouse gas emissions by some 29% compared with traditional component designs.”

“This has been a busy year in which we have demonstrated excellent results for our membership. We have already started work delivering on the objectives in our new strategic plan and we look forward to improving our service to members even further in the coming year,” he added.


General information for media

IMOA is a non profit trade association, representing the majority of the molybdenum industry worldwide. It works to raise awareness about the unique properties of molybdenum, its beneficial effects on materials performance, its safety in use and its contribution to sustainable development.

Molybdenum is added to alloy steels to improve strength, toughness, hardenability and weldability for numerous applications in the automotive, shipbuilding, construction, mining, chemical, oil & gas and energy generation industries. In stainless steels and superalloys, it improves corrosion resistance and high-temperature performance and finds uses in many industrial applications. It is also used in a variety of products from catalysts and lubricants to pigments and paint.

IMOA has a strict antitrust compliance policy which delegates of all meetings are required to observe. All such meetings are observed by legal counsel.

For more information please email the communications team at media@imoa.info.
For up-to-date information please follow IMOA on Twitter and LinkedIn.


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