Molybdenum and its applications
Molybdenum market information
IMOA regularly collects and evaluates information on the worldwide molybdenum market.
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.
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.
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First use of new molybdenum, 2022
Total volume in 2022: 631.5 m lbs Mo (286,440 tonnes Mo)
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
(technical Mo oxide)