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Molybdenum and its applications

 

Molybdenum market information

IMOA regularly collects and evaluates information on the worldwide molybdenum market.

 

Global production

Molybdenum production by region

Molybdenum production by region

The production statistics in the graph above are based on reported figures and IMOA's estimates. They represent new molybdenum from mine production only and do not include recycled material and material recovered from spent catalysts.

Global use

Molybdenum use by region

Molybdenum use by region

Figures for the use of molybdenum are supplied by IMOA's consultants, Steel & Metals Market Research (SMR), Austria.

More detailed production and use data are available only to IMOA members. 
Find out about becoming an IMOA member. 

First use of new molybdenum, 2022

Total volume in 2022:  631.5 m lbs Mo (286,440 tonnes Mo)

Price

The price of roasted molybdenite concentrate (tech oxide) is widely used as the reference market price base for molybdenum products. The graph below shows historic quarterly averages based on prices published by Argus Media.

Price of Roasted Molybdenite Concentrate

Price of roasted molybdenite concentrate
(technical Mo oxide)