Molybdenum News

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Molybdenum Market – June 20, 2025 3

Molybdenum market update on June 20, 2025 This week, the domestic molybdenum market remained stable at high levels, with molybdenum product prices fluctuating within a narrow range and a strong sense of caution prevailing, influenced by firm raw material prices and a slight decline in steel tender prices. In the molybdenum concentrate market, conditions remain chaotic. Tight spot supplies combined with high production costs have led some suppliers to tentatively raise quotes to around 3,890 yuan/ton-degree. However, influenced by slowing…

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Four Advanced and Applicable Exploration Technologies Related to Molybdenum 14

On June 6, 2025, the General Office of the Ministry of Natural Resources issued the “List of Advanced and Applicable Exploration Technologies for the Promotion of a New Round of Strategic Actions for Mineral Exploration Breakthroughs (First Batch)”, of which there are 4 technologies related to molybdenum: 1. Rhenium-Osmium Isotope Dating Technology-National Geological Experimental Testing Center Applicant: National Geological Experimental Testing Center Technical Content: Rhenium-osmium isotope dating technology obtains isotopic age by measuring the content and isotope ratio of rhenium…

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Molybdenum Prices – June 19, 2025 11

Molybdenum market update on June 19, 2025 Domestic molybdenum prices are caught in a challenging stalemate, with strong supplier reluctance to sell at lower prices clashing with limited buyer consumption capacity, resulting in a stagnant trading atmosphere and modest new order volumes. However, over the long term, many industry players remain optimistic about a positive market outlook. On the bullish side, the tight supply of raw materials and high production costs make price reductions difficult for raw material suppliers, with…

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Guangdong to Ensure Stable Supply of Medical Isotopes Including Molybdenum-99 Over the Next Five Years 13

The plan emphasizes ensuring a stable supply of major medical isotopes. It aims to address supply gaps by researching and constructing internationally advanced research reactors and supporting experimental production facilities. This will enable differentiated production and stable supply of key medical isotopes such as molybdenum-99, carbon-14, strontium-89, yttrium-90, iodine-125, iodine-131, and lutetium-177, while breaking through technologies for developing and producing new medical isotopes. Molybdenum-99 (??Mo) is a radioactive isotope of molybdenum, with 42 protons, 57 neutrons, and a half-life of…

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Guangdong Baishizhang Molybdenum Mine Adds 100,000 Tons of Molybdenum Metal 11

The “Guangdong Wuhua County Baishizhang Mining Area Molybdenum Resource Verification Report,” compiled by the Guangdong Institute of Mineral Resources Exploration, has successfully passed its review. The report indicates an additional 100,000 tons of molybdenum metal, elevating the resource scale to a large category. The project’s concession holder, granted mining rights in 2007, originally planned underground mining. However, due to low molybdenum prices at the time, the mine remained unoperational, leaving its resource advantage unexploited economically. To reverse this, in November…

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Molybdenum Market – June 18, 2025 18

Molybdenum market update on June 18, 2025 The domestic molybdenum market continues to operate steadily, with a balance of bullish and bearish factors leading to intense price negotiations between buyers and sellers. This has resulted in product prices fluctuating within a reasonable range, while trading volumes remain moderate. In the molybdenum concentrate market, conditions are somewhat chaotic. With steel tender prices and downstream demand declining compared to earlier periods, confidence in price support among some molybdenum mining companies has wavered.…

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Molybdenum Market – June 17, 2025 18

Molybdenum market update on June 17, 2025 The domestic molybdenum market is currently showing a high-level stalemate. With suppliers generally unwilling to lower prices and downstream purchases mainly focused on rigid demand, product prices are fluctuating within a narrow range, and actual transaction activity remains moderate. Recently, a molybdenum concentrate from a mine in Yunnan was sold at RMB 3,822 per ton-unit. On the supply side, although downstream enterprises have shown less enthusiasm for inquiries and procurement compared to previous…

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Molybdenum Market – June 16, 2025 30

Molybdenum market update on June 16, 2025 At the beginning of the week, the domestic molybdenum market exhibited a weak trend. As earlier bullish factors fade, raw material suppliers’ confidence in maintaining prices has weakened, leading to a thickening atmosphere of market caution. In the short term, industry players are adopting a cautious stance toward future market conditions. According to CTIA GROUP LTD, the previous price increase was supported by tight molybdenum concentrate spot supply and steady downstream demand, prompting…

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Molybdenum Market – June 13, 2025 27

Molybdenum market update on June 13, 2025 The domestic molybdenum market is currently in a high-level stalemate phase, with a mix of bullish and bearish factors leading to a somewhat stagnant negotiation atmosphere between buyers and sellers. Product prices remain relatively stable, and actual transaction volumes are moderate. According to CTIA GROUP LTD, influenced by the recent significant rise in molybdenum raw material prices, several molybdenum wire production companies have raised their product prices since June. For instance, the price…

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Molybdenum Market – June 12, 2025 34

Molybdenum market update on June 12, 2025 The domestic molybdenum market is experiencing a high-level decline, with reduced steel tender volumes and prices, alongside a gradual drop in international molybdenum prices, leading to increased profit-taking awareness among molybdenum mining companies and a thickening atmosphere of market caution. Today, molybdenum concentrate prices continued to decline slightly. According to CTIA GROUP LTD, this minor price drop is a normal phenomenon, primarily due to a noticeable rise in molybdenum raw material prices since…

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