Molybdenum News

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Molybdenum Price – May 26, 2025 97

Molybdenum market update on May 26, 2025 At the beginning of the week, the domestic molybdenum price focus continued to shift upward, with molybdenum concentrate, ferromolybdenum, and ammonium heptamolybdate prices increasing by approximately 30 yuan/ton-degree, 4,000 yuan/ton, and 1,000 yuan/ton, respectively. This is primarily attributed to high enthusiasm from steel companies bidding for ferromolybdenum, acceptable steel tender prices, limited spot supply of molybdenum raw materials, and rising international molybdenum market trends. Recently, steel companies participating in ferromolybdenum tenders include Shanxi…

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Molybdenum Price – May 23, 2025 142

Molybdenum market update on May 23, 2025 This week, the domestic molybdenum price trend has shown a pattern of stability followed by an upward movement, with the price increases for many products being larger than last week. At the beginning of the week, product prices remained stable due to a relatively balanced supply-demand relationship and the absence of significant positive policy news. Toward the weekend, influenced by rising overseas molybdenum prices, coupled with strong reluctance from molybdenum mining companies to…

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China’s Molybdenum Products Imports and Exports from January to April 2025 82

CTIA GROUP LTD has compiled the import and export data of Chinese molybdenum products released by the General Administration of Customs as follows: From January to April 2025, China’s cumulative molybdenum product imports totaled 29,675.05 tons, an increase of 34.48% year-on-year; the cumulative import value was 4.323 billion yuan, an increase of 42.48% year-on-year. In the first four months, China’s imports of roasted molybdenum ores and concentrates were 4,043.75 tons, an increase of 77.12% year-on-year; other molybdenum ores and concentrates…

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China’s Molybdenum Products Imports and Exports in April 2025 41

CTIA GROUP LTD has compiled the imports and exports of China’s molybdenum products released by the General Administration of Customs as follows: In April 2025, China’s molybdenum products imports totaled 8,345.85 tons, an increase of 10.49% month-on-month and an increase of 37.87% year-on-year; the import value was 1.244 billion yuan, an increase of 8.81% month-on-month and an increase of 51.85% year-on-year. In April 2025, China’s imports of roasted molybdenum ores and concentrates were 1,862.37 tons, an increase of 186.52% year-on-year;…

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Molybdenum Market Update – May 22, 2025 47

Molybdenum market update on May 22, 2025 The overall market sentiment of molybdenum in China remains optimistic. Supported by suppliers’ intensified reluctance to sell amid bullish expectations and moderate downstream demand, market trading activity is brisk, with most product prices continuing to rise and transaction volumes remaining high. In the molybdenum concentrate market, a pattern of robust supply and demand prevails. Driven by factors such as rising international molybdenum prices, limited spot market supply, and active downstream inquiries, suppliers generally…

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Molybdenum Market Update – May 21, 2025 40

Molybdenum market update on May 21, 2025 The domestic molybdenum market shows a stable yet slightly bullish trend, characterized by a modest rise in molybdenum product prices, decent enthusiasm from traders entering the market, and relatively substantial transaction volumes. Recently, prices for molybdenum concentrate, ferromolybdenum, and molybdenum powder have increased to approximately 3,570 yuan/ton-degree, 232,000 yuan/ton, and 425 yuan/kg, respectively. Bullish Factors: With steady downstream demand and limited raw material spot inventory, molybdenum mining companies generally adopt a cautious, price-bullish…

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Molybdenum Market Update – May 20, 2025 74

Molybdenum market update on May 20, 2025 The domestic molybdenum market continues to operate steadily, with product prices showing minimal changes and transaction volumes at an average level, driven by a relatively balanced supply-demand dynamic and no significant policy announcements. Industry participants are currently focusing on the shipment trends of molybdenum mining companies and the pricing and volume performance of steel mill tenders. In the molybdenum concentrate market, a stalemate persists, with limited downstream demand and low willingness from suppliers…

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Zijin Mining Has Discovered the Largest Porphyry Copper-Molybdenum Deposit in Fujian in Nearly 20 Years 43

According to Fujian Daily, Zijin Mining recently received a resource reserve evaluation approval certificate from the Fujian Provincial Natural Resources Evaluation Center for its “Zijinshan Mine Northeast Ore Section Copper Exploration Report.” This copper mine, identified as the largest porphyry copper-molybdenum deposit discovered in Fujian in nearly 20 years, has a cumulative ore volume of 340 million tons, with 1.33 million tons of copper metal resources and 90,000 tons of molybdenum metal resources. Within the Zijinshan Mine exploration area, centered…

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Molybdenum Market Update – May 19, 2025 85

Molybdenum market update on May 19, 2025 At the beginning of the week, the domestic molybdenum market in China maintained stable operations, with a mix of bullish and bearish factors creating a slightly stalemated negotiation atmosphere between buyers and sellers. This has led to product prices fluctuating within a reasonable range and limited actual transaction volumes. Today, molybdenum concentrate and ferromolybdenum prices are approximately 3,530 yuan/ton-degree and 230,000 yuan/ton, respectively. On the positive side, strong production cost support, gradual consumption…

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Molybdenum Market Update – May 16, 2025 79

Molybdenum market update on May 16, 2025 This week, the domestic molybdenum price in China saw a slight upward shift in its overall focus, primarily driven by strong price-holding sentiment among raw material suppliers, stable downstream demand, and the release of news regarding China’s special operation to combat the smuggling and export of strategic minerals. However, post-May Day holiday, the volatile upward trend in molybdenum product prices has heightened buyers’ reluctance to purchase at higher levels, leading to a narrower…

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