The Economics of Molybdenum

Table of Contents

1. Summary 1

2. Properties, occurrence and reserves of molybdenum 7

• 2.1Properties7
• 2.2Occurrence and mineralogy7
• 2.3Reserves and resources9

3. Molybdenum mining and production processes 11

• 3.1Mining, concentrating and processing11
  • 3.1.1Technical grade molybdenum oxide (tmo  roasted concentrates)12
  • 3.1.2Ferromolybdenum (FeMo)12
  • 3.1.3Other commercial forms of molybdenum13
• 3.2Recycling of molybdenum14

4. Molybdenum production data 15

• 4.1Mine production15
• 4.2Supply and demand of molybdenum19
  • 4.2.1Molybdenum mine production by company21
• 4.3Ferromolybdenum production24
• 4.4Molybdenum production capacities25
  • 4.4.1Molybdenum mine capacity25
  • 4.4.2Roasted concentrate capacity27
  • 4.4.3Ferromolybdenum production capacity28
• 4.5Recycling and regeneration29
• 4.6New projects and future supply of molybdenum29

5. Notes on producing countries 32

• 5.1Argentina32
  • 5.1.1Northern Orion Explorations Ltd32
  • 5.1.2Noranda Inc32
  • 5.1.3Tenke Mining33
  • 5.1.4Other projects33
• 5.2Armenia34
  • 5.2.1Zangezur Copper-Molybdenum Company (Zangezur)34
  • 5.2.2Agarak Copper-Molybdenum Company (Agarak)34
  • 5.2.3Yerevan Pure Iron Plant (YPIP)35
  • 5.2.4Armenian Molybdenum Production (AMP)35
  • 5.2.5Armenian Copper Program (ACP) - Tekhut35
• 5.3Australia36
  • 5.3.1Moly Mines - Spinifex Ridge36
  • 5.3.2Havilah Resources - Kalkaroo36
  • 5.3.3Thor Mining - Molyhil37
  • 5.3.4Queensland Ores Ltd - Wolfram Camp37
  • 5.3.5Mega Uranium Ltd - Maureen37
• 5.4Austria38
  • 5.4.1Treibacher Industrie AG38
  • 5.4.2Plansee SE39
  • 5.4.3SEKOM Handelsges39
• 5.5Belgium39
• 5.5.1NV Sadaci SA40
• 5.5.2Other molybdenum processing companies41
• 5.6Brazil41
• 5.7Bulgaria42
• 5.8Canada42
  • 5.8.1Mine production of molybdenum in Canada44
  • 5.8.1.1Teck Cominco - Highland Valley Copper44
  • 5.8.1.2Thompson Creek Metals Co - Endako45
  • 5.8.1.3Imperial Metals Corp - Huckleberry45
  • 5.8.1.4Taseko Mines Ltd.46
  • 5.8.2New molybdenum projects in Canada46
    • 5.8.2.1Roca Mines - Max46
    • 5.8.2.2Adanac Molybdenum - Ruby Creek47
    • 5.8.2.3Other projects47
• 5.9Chile49
  • 5.9.1Mine production of molybdenum in Chile51
  • 5.9.1.1Corporacion National del Cobre de Chile (Codelco)52
  • 5.9.1.2Antofagasta plc55
  • 5.9.1.3Anglo American Chile Ltda57
  • 5.9.1.4Cia Minera Dona Ines de Collahuasi57
  • 5.9.1.5Escondida58
  • 5.9.1.6General Minerals - Vizcachitas58
  • 5.9.1.7Placer Dome58
  • 5.9.2Processing of molybdenum in Chile58
    • 5.9.2.1Molibdenos y Metales SA (Molymet)58
    • 5.9.2.2Inco - Altonorte60
    • 5.9.2.3Amerigo Resources61
• 5.10China61
  • 5.10.1Molybdenum resources in China64
  • 5.10.2Mine production of molybdenum66
    • 5.10.2.1Huludao Molybdenum Co67
    • 5.10.2.2Jing Dui Cheng Molybdenum Group Co Ltd68
    • 5.10.2.3Luoyang Luanchuan Molybdenum68
    • 5.10.2.4Qingtian Jianshi Molybdenum Chemical Co69
    • 5.10.2.5Sing Horn Enterprise Co69
    • 5.10.2.6Hunan Shizhuyuan Non-Ferrous Metals69
    • 5.10.2.7Chaoyang Jinda Molybdenum Co (Liaoning Jinyang Moly Group)70
    • 5.10.2.8Dalian Haiyi Chemistry Co70
    • 5.10.2.9Jilin Daheishan71
    • 5.10.2.10Luoyang Mudu Mining71
    • 5.10.2.11Huanyu Special Alloy71
    • 5.10.2.12Fengyuan Molybdenum Industry71
    • 5.10.2.13Gansu Xinzhou Mining72
    • 5.10.2.14Gansu Provincial Geology Bureau72
    • 5.10.2.15South China Resources (SCR)72
    • 5.10.2.16Other mining operations and molybdenum occurrences72
  • 5.10.3Molybdenum processing73
    • 5.10.3.1Ferromolybdenum producers in China77
• 5.11Ecuador78
• 5.12France79
• 5.13Germany80
• 5.14Greenland82
  • 5.14.1Malmberg molybdenum project82
  • 5.14.2Flammefjeld molybdenum prospect83
• 5.15Honduras83
• 5.16India83
• 5.17Iran85
  • 5.17.1National Iranian Copper Industries Co (Nicico)85
  • 5.17.2Zanjan Bronz Ltd86
• 5.18Israel86
• 5.19Japan86
• 5.20Kazakhstan88
  • 5.20.1Molyken - Shorskoye89
  • 5.20.2Other molybdenum occurrences in Kazakhstan89
• 5.21South Korea89
• 5.22Kyrgyzstan90
• 5.23Laos91
• 5.24Mexico91
  • 5.24.1Minera Mexico92
  • 5.24.2Molymex SA de CV92
  • 5.24.3Other molybdenum occurrences in Mexico93
• 5.25Mongolia93
  • 5.25.1Erdenet Corp93
  • 5.25.2Metal-Tech Ltd94
  • 5.25.3Other projects95
• 5.26Morocco96
• 5.27Myanmar96
• 5.28Namibia96
• 5.29Netherlands97
  • 5.29.1Climax Molybdenum BV98
• 5.30Pakistan98
• 5.31Panama98
  • 5.31.1Minera Petaquilla99
  • 5.31.2Aur Resources Inc99
• 5.32Papua New Guinea (PNG)99
• 5.33Peru100
  • 5.33.1Mine production of molybdenum in Peru100
    • 5.33.1.1Southern Peru Copper Corporation (SPCC)101
    • 5.33.1.2Cia Minera Antamina SA102
  • 5.33.2New molybdenum projects in Peru103
    • 5.33.2.1Phelps Dodge - Minero Cerro Verde103
    • 5.33.2.2Quadra Mining - Magistral103
    • 5.33.2.3Monterrico Metals - Rio Blanco103
    • 5.33.2.4Anglo American - Quellaveco104
    • 5.33.2.5Northern Peru Copper Corp - Galeno104
    • 5.33.2.6Peru Copper Inc - Toromocho104
    • 5.33.2.7Norsemont Mining - Constancia104
  • 5.33.3Other molybdenum occurrences in Peru105
• 5.34Poland105
• 5.35Russia106
  • 5.35.1Mine production of molybdenum in Russia107
    • 5.35.1.1OAO Molibden (Sorsky GOK)107
    • 5.35.1.2Zhirekensky GOK107
    • 5.35.1.3Tyrny-Auz GOK (TGOK)108
    • 5.35.1.4Eureka Mining - Chelyabinsk108
  • 5.35.2Other molybdenum occurrences in Russia108
  • 5.35.3Molybdenum processing in Russia109
    • 5.35.3.1Chelyabinsk Electrometallurgical Combine (ChEMK)109
    • 5.35.3.2Zhirekensky Mining and Beneficiation Combine109
    • 5.35.3.3Other molybdenum processing companies109
• 5.36Sierra Leone110
• 5.37Slovakia110
• 5.38South Africa110
• 5.39Spain112
• 5.40Sweden112
• 5.41Turkey113
  • 5.41.1Anatolia Mineral Development/Rio Tinto113
  • 5.41.2Odyssey Resources Ltd.114
  • 5.41.3Stratex International114
• 5.42UK114
  • 5.42.1Climax Molybdenum UK Ltd.115
  • 5.42.2FMP Metallurgical UK116
  • 5.42.3Other molybdenum processors and suppliers in the UK116
• 5.43USA116
  • 5.43.1Mine production of molybdenum in the USA118
    • 5.43.1.1Phelps Dodge Mining Co (PDMC)119
    • 5.43.1.2Rio Tinto - Kennecott Utah Copper122
    • 5.43.1.3Thompson Creek Metals Co122
    • 5.43.1.4Montana Resources Inc123
    • 5.43.1.5Molycorp Inc.124
    • 5.43.1.6Mercator Minerals Ltd - Mineral Park124
  • 5.43.2New molybdenum projects in the USA125
    • 5.43.2.1Idaho General Mines Inc - Mount Hope Project125
    • 5.43.2.2Northern Dynasty Minerals Limited - Pebble Project125
    • 5.43.2.3Golden Phoenix Minerals Inc - Ashdown Project126
    • 5.43.2.4United Bolero Development Corp - Bald Butte Project126
  • 5.43.3Other molybdenum occurrences in the USA126
  • 5.43.4Independent molybdenum processors in the USA127
• 5.44Uzbekistan128
  • 5.44.1Almalyk Mining and Metallurgical Combine (Almalyk)129
  • 5.44.2Uzbek Refractory and High Temperature Metals Plant (UzKTZhM)130
  • 5.44.3Uzmetal Technology130
• 5.45Vietnam130

6. World consumption of molybdenum 131

• 6.1Consumption of molybdenum by form134
• 6.2Consumption of molybdenum by use135
• 6.3Outlook for molybdenum consumption by application139

7. Uses of molybdenum 140

• 7.1Use of molybdenum in steels140
  • 7.1.1Crude steel production141
  • 7.1.2Stainless steels145
    • 7.1.2.1Volume of molybdenum used in stainless steel146
    • 7.1.2.2Types and uses of molybdenum-containing stainless steel147
    • 7.1.2.3Production of stainless steel152
    • 7.1.2.4Consumption of stainless steel156
    • 7.1.2.5Outlook for molybdenum use in stainless steel158
  • 7.1.3Use of molybdenum in full alloy steel159
    • 7.1.3.1Types and uses of molybdenum-containing full alloy steels160
    • 7.1.3.2Production and consumption of full-alloy steels162
    • 7.1.3.3Outlook for use of molybdenum in full alloy steels163
  • 7.1.4Use of molybdenum in tool and high speed steels164
    • 7.1.4.1Types and use of molybdenum-containing tool steels165
    • 7.1.4.2Production and consumption of tool steels168
    • 7.1.4.3Outlook for molybdenum use in tool steels169
  • 7.1.5Use of molybdenum in high-strength low alloy steels170
    • 7.1.5.1Use of HSLA in pipelines170
    • 7.1.5.2Use of HSLA in automobiles172
    • 7.1.5.3Use of HSLA in construction175
    • 7.1.5.4Other uses for HSLA steel176
    • 7.1.5.5Outlook for molybdenum use in HSLA steel176
  • 7.1.6Use of molybdenum in carbon steels177
    • 7.1.6.1Production and consumption of carbon steels178
    • 7.1.6.2Outlook for use of molybdenum in carbon steel181
• 7.2Use of molybdenum in catalysts181
  • 7.2.1Use and types of molybdenum-bearing catalysts182
  • 7.2.2Producers of molybdenum catalysts184
    • 7.2.2.1Advanced Refining Technologies (ART)185
    • 7.2.2.2Albemarle Catalysts186
    • 7.2.2.3Axens Catalysts and Absorbants186
    • 7.2.2.4Criterion Catalysts and Technologies187
    • 7.2.2.5Haldor Topsoe A/S188
    • 7.2.2.6Sud-Chemie Group188
    • 7.2.2.7Other catalyst companies189
  • 7.2.3Catalyst regeneration and recycling189
    • 7.2.3.1Catalyst regeneration189
    • 7.2.3.2Catalyst recycling190
  • 7.2.4Outlook for molybdenum use in catalysts190
• 7.3Use of molybdenum metal and molybdenum-based alloys191
  • 7.3.1Types of molybdenum-base alloys192
  • 7.3.2Applications of molybdenum metal and alloys194
    • 7.3.2.1Electrical and electronic devises196
    • 7.3.2.2Materials processing and thermal spray coating197
    • 7.3.2.3High temperatures furnaces and equipment198
    • 7.3.2.4Glass manufacturing199
    • 7.3.2.5Aerospace and defence199
    • 7.3.2.6Nuclear industry199
  • 7.3.3Producers and fabricators of molybdenum metals and alloys199
    • 7.3.3.1ALMT Corp. (Allied Materials)200
    • 7.3.3.2Elmet Technologies200
    • 7.3.3.3General Electric Consumer Products (GECP)201
    • 7.3.3.4H.C. Starck201
    • 7.3.3.5Jing Dui Cheng Molybdenum Group (JDC)202
    • 7.3.3.6Osram Sylvania202
    • 7.3.3.7Plansee SE203
    • 7.3.3.8Polema JSC204
    • 7.3.3.9Toho Kinzoku Co Ltd204
    • 7.3.3.10Other companies205
  • 7.3.4Outlook for molybdenum use in metal and molybdenum alloy products206
• 7.4Use of molybdenum in high-performance alloys (superalloys)207
  • 7.4.1Types and use of molybdenum-bearing HPA208
    • 7.4.1.1Nickel-based HPA208
    • 7.4.1.2Cobalt-based HPA210
    • 7.4.1.3Iron-nickel-based HPA211
    • 7.4.1.4Titanium based alloys212
    • 7.4.1.5HPA processing technology213
  • 7.4.2Markets for HPA/superalloys214
    • 7.4.2.1Aerospace applications214
    • 7.4.2.2Non-aerospace applications217
  • 7.4.3Outlook for molybdenum use in HPA220
• 7.5Use of molybdenum in cast iron221
  • 7.5.1Use of molybdenum in cast iron223
  • 7.5.2Production and consumption of cast iron224
• 7.6Use of molybdenum in lubricants226
  • 7.6.1Grease production and producers229
  • 7.6.2Outlook for molybdenum use in lubricants233
• 7.7Use of molybdenum in pigments and corrosion inhibitors233
  • 7.7.1Pigments/corrosion inhibitors234
  • 7.7.2Corrosion inhibitors236
• 7.8Minor uses of molybdenum chemicals237

8. Analysis of molybdenum international trade data 238

• 8.1International trade in raw molybdenum concentrates238
• 8.2International trade in roasted molybdenum concentrates242
• 8.3International trade in ferromolybdenum246
• 8.4International trade in molybdenum metal250
  • 8.4.1Molybdenum metal and alloys250
  • 8.4.2Molybdenum powder253
  • 8.4.3Molybdenum waste and scrap256
  • 8.5International trade in molybdenum chemicals258
    • 8.5.1Molybdenum oxides and hydroxides258
    • 8.5.2Molybdates261

9. Molybdenum prices 265

• 9.1Concentrate prices267
• 9.2Historic prices268
• 9.3Outlook for molybdenum prices281

List of Tables

• Table 1: Properties of molybdenum metal7
• Table 2: World: Estimated molybdenum reserves, 20059
• Table 3: World: Mine production of molybdenum, 1995 to 200517
• Table 4: China: Molybdenum production data by source, 1999 to 200518
• Table 5: Western World: Molybdenum supply and demand, 1998 to 200621
• Table 6: World; Mine production of molybdenum by company, 2001 to 200523
• Table 7: World: Available ferromolybdenum production data, 1999 to 200424
• Table 8: World: Capacity of principal molybdenum mines, 200525
• Table 9: World: Principal molybdenum concentrate roasting plants127
• Table 10: World: Principal ferromolybdenum plants28
• Table 11: World: New molybdenum mining and processing project, 200530
• Table 12: Austria: Production, exports and imports of molybdenum products, 2000 to 200538
• Table 13: Belgium: Imports and exports of molybdenum, 2000 to 200540
• Table 14: Brazil: Exports and imports of molybdenum products, 2000 to 200541
• Table 15: Canada: Supply and disposal of molybdenum products, 2000 to 200543
• Table 16: Canada: Molybdenum production by mine, 2000 to 200544
• Table 17: Chile: Supply and disposal of molybdenum products, 2000 to 200550
• Table 18: Chile: Molybdenum mine production by mine, 1995 to 200551
• Table 19: Chile: Molybdenum resources by company, 200452
• Table 20: Codelco: Reserves and resources of copper-molybdenum ore, 200554
• Table 21: Chile: Codelco: Exports of molybdenum concentrates by country, 2002 to 200555
• Table 22: Chile: Min. Los Pelambres: Exports of raw molybdenum concentrates, 2002 to 200556
• Table 23: Los Pelambres: Reserves and resources of copper-molybdenum ore, 200456
• Table 24: Molymet: Output of molybdenum products, 2000 to 200459
• Table 25: Chile: Molymet: Exports of molybdenum concentrates, 2002 to 200560
• Table 26: China: Supply and disposal of molybdenum products, 2000 to 200562
• Table 27: China: Mine production of molybdenum (NBS data), 1992 to 200562
• Table 28: China: Production, exports and imports of molybdenum products, 2000 to 200563
• Table 29: China: Imports of raw molybdenum concentrates by district, 2003 to 200564
• Table 30: China: Production of molybdenum by mining operation, 200467
• Table 31: China: Capacity of molybdenum process plants by region, 200574
• Table 32: China: Listed molybdenum processors and converters75
• Table 33: China: Ferromolybdenum producers listed by Xinhua News Agency, 200377
• Table 34: France: Exports and imports of molybdenum products, 2000 to 200580
• Table 35: Germany: Exports and imports of molybdenum products, 2000 to 200581
• Table 36: India: Imports of molybdenum products, 2000 to 200583
• Table 37: India: Ferromolybdenum capacity by company, 200484
• Table 38: Iran: Inferred exports of molybdenum products, 2000 to 200585
• Table 39: Japan: Production, exports and imports of molybdenum products, 2000 to 200587
• Table 40: Japan: Producers of molybdenum and ferromolybdenum88
• Table 41: South Korea: Exports and imports of molybdenum products, 2000 to 200590
• Table 42: Mexico: Production, exports and imports of molybdenum products, 2000 to 200591
• Table 43: Erdenet: Molybdenum operating results, 2000 to 200494
• Table 44: Netherlands: Exports and imports of molybdenum products, 2000 to 200597
• Table 45: Peru: Molybdenum production by mine, 1995-2005101
• Table 46: Peru: Minera Antamina: Reserves and resources, 2004102
• Table 47: Russia: Production, exports and imports of molybdenum products, 2000 to 2005106
• Table 48: South Africa: Imports of molybdenum products, 2000 to 2004111
• Table 49: South Africa: Molybdenum occurrences111
• Table 50: Spain: Exports and imports of molybdenum products, 2000 to 2005112
• Table 51: Sweden: Exports and imports of molybdenum products, 2000 to 2005113
• Table 52: UK: Supply and disposal of molybdenum products, 2000 to 2005115
• Table 53: USA: Supply and disposal of molybdenum products, 2000 to 2005117
• Table 54: USA: Molybdenum mine production by mine, 2000 to 2005119
• Table 55: USA: Phelps Dodge: Molybdenum production and sales, 1998 to 2005120
• Table 56: USA: Phelps Dodge: Molybdenum reserves by mine, 2004120
• Table 57: USA: Rio Tinto: Mine production of molybdenum, 2000 to 2005122
• Table 58: USA: Molybdenum processing and fabricating companies, 2004128
• Table 59: Uzbekistan, Inferred exports of molybdenum products, 2000 to 2005129
• Table 60: World: Consumption of molybdenum by region, 1995 to 2005131
• Table 61: Principal countries: Apparent consumption of molybdenum, 2000 to 2004133
• Table 62: USA: Reported consumption of molybdenum products by use, 2004135
• Table 63: USA: Reported consumption of molybdenum by use, 1993 to 2004136
• Table 64: China: Consumption of molybdenum in the steel industry by company, 2004138
• Table 65: World: Forecast of molybdenum consumption by application, 2005 and 2010139
• Table 66: Estimates of molybdenum consumption in steels141
• Table 67: World: Crude steel production by region, 1992 to 2005143
• Table 68: World: Production of crude steel by principal countries, 1995 to 2005144
• Table 69: Crude steel production by major producing company, 2004145
• Table 70: World: Estimated use of molybdenum in stainless steel by type, 2001 to 2004146
• Table 71: Comparison of US and world data for consumption of molybdenum in stainless steel, 1990 to 2004147
• Table 72: Stainless steels containing molybdenum: Characteristics and applications148
• Table 73: Chemical composition of some typical molybdenum-containing stainless steel149
• Table 74: World: Production of stainless steel by country, 1995 to 2004154
• Table 75: China: Stainless steel melting capacity by company, 2004 to 2007154
• Table 76: Production of flat stainless steel products by principal companies, 2003155
• Table 77: World: Consumption of stainless steel, 1995 to 2004157
• Table 78: Future potential of molybdenum- containing stainless steels159
• Table 79: Composition of selected full alloy steels containing molybdenum162
• Table 80: Western world: Production alloy steel ingot in selected countries, 1995 to 2004163
• Table 81: Types of cold work tool steels165
• Table 82: Selected cold work tool and die steels containing molybdenum166
• Table 83: Selected molybdenum-bearing hot-work tool/die steels166
• Table 84: Typical composition of high-speed steels containing molybdenum167
• Table 85: Selected countries: Production of tool and high-speed steels, 1995 to 2004168
• Table 86: World: Pipeline construction by region, 1996-2005172
• Table 87: World: Production of cars and light commercial vehicles by principal country, 1998 to 2004173
• Table 88: Reported production of carbon steel by country, 1992 to 1998178
• Table 89: Estimates of demand for carbon steel by market in the USA, Japan and the UK179
• Table 90: Japan: Ratios of raw materials for passenger cars, 1973 to 2001179
• Table 91: Japan: Production of catalysts and use of molybdenum, 1996 to 2005182
• Table 92: Applications of molybdenum catalysts183
• Table 93: Oil refining molybdenum catalyst formulations183
• Table 94 : Producers of petroleum refining catalysts containing molybdenum as an active agent, 2005185
• Table 95: Axens: Molybdenum-based catalysts for oil refining187
• Table 96: Criterion Catalysts: Types of molybdenum catalysts produced, by application188
• Table 97: USA and Japan: Production of molybdenum powder and mill products, 1996 to 2005192
• Table 98: Nominal compositions of commercially available molybdenum alloys193
• Table 99: ALMT Corp: Molybdenum metal and oxide powders200
• Table 100: ALMT Corp.: Molybdenum wire products200
• Table 101: Osram Sylvania: Properties and applications of molybdenum thermal spray powders203
• Table 102: China: Molybdenum powder producing companies, 2005206
• Table 103: China: Companies producing molybdenum bars, rod and wire, 2005206
• Table 104: Japan: Shipments of HPA containing molybdenum, 1995 to 2003207
• Table 105: Composition of selected nickel-based HPA containing molybdenum209
• Table 106: Compositions of selected molybdenum bearing cobalt-based HPA211
• Table 107: Compositions of selected nickel-iron HPA containing molybdenum212
• Table 108: Comparison of yield strengths of selected molybdenum-bearing titanium alloys212
• Table 109: Composition, properties and applications of molybdenum-bearing titanium alloys213
• Table 110: Selected HPA: Non-aerospace uses219
• Table 111: World: Production of cast iron by principal countries, 1999 to 2004224
• Table 112: World: Production of cast iron by principal countries and type, 2004225
• Table 113: Acheson Colloids Company: Selected lubricant products containing molybdenum227
• Table 114: Types and applications of lubricants containing molybdenum228
• Table 115: Acheson Industries: Characteristics of solid lubricant additive products, 2002229
• Table 116: World: Production of grease by type of thickener, 1998 to 2004229
• Table 117: Participants in the Grease Production Survey Report, by country, 2004231
• Table 118: China: Producers of molybdenum greases233
• Table 119: Japan: Production inventories and shipments of molybdenum red pigment, 2002 to 2004234
• Table 120: Moly-White Pigments Group: Chemical and physical properties of molybdate corrosion inhibitors235
• Table 121: Molybdate pigment types used in the ceramics industry236
• Table 122: Reporting countries: Summary of international trade in molybdenum products, 2001 to 2004238
• Table 123: Reporting countries: Exports and imports of raw molybdenum concentrates, 2001 to 2005239
• Table 124: Reporting countries: Exports of raw molybdenum concentrates by country of destination, 2004241
• Table 125: Reporting countries: Imports of raw molybdenum concentrates by country of origin, 2004242
• Table 126: Reporting countries: Exports and imports of roasted molybdenum concentrates, 2001 to 2005243
• Table 127: Reporting countries: Exports of roasted molybdenum concentrates by country of destination, 2004245
• Table 128: Reporting countries: Imports of roasted molybdenum concentrates by country of origin, 2004246
• Table 129: Reporting countries: Exports and imports of ferromolybdenum, 2001 to 2005246
• Table 130: Reporting countries: Exports of ferromolybdenum by country of destination, 2004249
• Table 131: Reporting countries: Imports of ferromolybdenum by country of origin, 2004250
• Table 132: Reporting countries: Exports and imports of articles of molybdenum# metal and alloys, 2004251
• Table 133: Reporting countries: Exports of articles of molybdenum metal and alloys by country of destination, 2004252
• Table 134: Reporting countries: Imports of articles of molybdenum metal and alloys by country of origin, 2004253
• Table 135: Reporting countries: Exports and imports of molybdenum powder, 2004254
• Table 136: Reporting countries: Exports of molybdenum powder by country of destination, 2004255
• Table 137: Reporting countries: Imports of molybdenum powder by country of origin, 2004255
• Table 138: Reporting countries: Exports and imports of waste and scrap of molybdenum, 2002 to 2005256
• Table 139: Reporting countries: Exports of molybdenum waste and scrap by country of destination, 2004257
• Table 140: Reporting countries: Imports of molybdenum waste and scrap by country of origin, 2004258
• Table 141: Reporting countries: Exports and imports of molybdenum oxides and hydroxides, 2001 to 2005259
• Table 142: Reporting countries: Exports of molybdenum oxides and hydroxides by country of destination, 2004260
• Table 143: Reporting countries: Imports of molybdenum oxides and hydroxides by country of origin, 2004260
• Table 144: Reporting countries: Exports and imports of molybdates, 2001 to 2005261
• Table 145: Reporting countries: Exports of molybdates by country of destination, 2004263
• Table 146: Reporting countries: Imports of molybdates by country of origin, 2004264
• Table 147: Comparison of annual average prices for molybdic oxide and ferromolybdenum, 1990 to 2005 (US$/kg Mo content - in European warehouse)265
• Table 148: Average values of selected exports and imports of molybdenum concentrates, 2001 to 2005267
• Table 149: Average fob value of selected exports of molybdenum concentrates by Chilean companies, 2002 to 2005268
• Table 150: European free market prices for drummed molybdic oxide ($/lbMo month-end in warehouse), 1983 to 2006274
• Table 151: US prices for molybdic oxide, 1978 to 2006276
• Table 152: European ferromolybdenum prices, 1980 to 2006 (US$/kgMo month-end 65-70% basis delivered major European destination)278
• Table 153: US ferromolybdenum prices, 1993 to 2006 280

List of Figures

• Figure 1: World: Production, consumption and prices of molybdenum 1995 to 20051
• Figure 2: World: Distribution of molybdenum reserves by principal country, 200410
• Figure 3: World: Mine production of molybdenum, 1987 to 200515
• Figure 4: World: Annual changes in mine production of molybdenum, 1987 to 200516
• Figure 5: World: Division of mine production of molybdenum by principal countries, 200516
• Figure 6: World: Mine production of molybdenum by country, 1995 to 200518
• Figure 7: World: Mine supply and demand for molybdenum, 1995 to 200520
• Figure 8: World: Division of mine production of molybdenum by principal companies, 200422
• Figure 9: Molybdenum mine production by principal company, 200424
• Figure 10: Canada: Production, exports and imports of molybdenum in concentrates, 1985 to 200543
• Figure 11: Chile: Production, exports and imports of molybdenum products, 1991 to 200550
• Figure 12: Chile: Division of mine production of molybdenum by operation, 200451
• Figure 13: Codelco: Molybdenum production by division, 1984 to 200453
• Figure 14: China: Geographical distribution of molybdenum reserves65
• Figure 15: China: Distribution of molybdenum mine production by province, 200366
• Figure 16: Peru: Molybdenum production and exports, 1992-2005100
• Figure 17: USA: Molybdenum mine production and consumption, and exports and imports of molybdenum in all forms, 1994 to 2005118
• Figure 18: USA: Approximate division of molybdenum production by operation, 2005119
• Figure 19: World: Consumption of molybdenum, 1990 to 2005131
• Figure 20: Consumption of molybdenum by region, 1995 to 2005132
• Figure 21: Molybdenum consumption in principal countries, 2004132
• Figure 22: USA: Reported consumption of molybdenum products, 1980 to 2005134
• Figure 23: World: Estimated division of molybdenum consumption by application, 2005135
• Figure 24: USA: Reported consumption of molybdenum in major end uses, 1993 to 2004137
• Figure 25: China: Division of molybdenum consumption by major sector, 2000 to 2004138
• Figure 26: World: Production of crude steel and year-on-year changes, 1981 to 2004142
• Figure 27: World: Crude steel production by principal region, 1995 to 2004142
• Figure 28: Division of world production of crude steel by region, 2004143
• Figure 29: World: Division of use of 316 and duplex stainless steels152
• Figure 30: World: Production of stainless steel, and year-on-year change, 1992 to 2004152
• Figure 31: World: Production of stainless steel by region, 1992 to 2004153
• Figure 32: World: Division of stainless steel production by principal country, 2004153
• Figure 33: Principal countries: Average year-on-year growth of stainless steel consumption, 1995 to 2004156
• Figure 34: Principal countries: Comparison of stainless steel consumption and production, 2004158
• Figure 35: World: Division of production of light vehicles by region, 2004174
• Figure 36: Japan: Division of shipments of molybdenum products by application, Jan-Mar 2004195
• Figure 37: Airbus and Boeing: Aircraft orders and deliveries, 1995 to 2004216
• Figure 38: World: Division of cast iron production by major country, 2004225
• Figure 39: World: Grease production by region, 2003230
• Figure 40: Exports of raw molybdenum concentrates by principal countries, 2001 to 2004240
• Figure 41: Imports of raw molybdenum concentrates by principal countries, 2001 to 2004241
• Figure 42: Exports of roasted molybdenum concentrates by principal countries, 2001 to 2004244
• Figure 43: Imports of roasted molybdenum concentrates by principal countries, 2001 to 2004244
• Figure 44: Exports of ferromolybdenum by principal countries, 2001 to 2004248
• Figure 45: Imports of ferromolybdenum by principal countries, 2001 to 2004248
• Figure 46: Difference between European and US mean month-end prices for molybdic oxide, 1993 to 2006266
• Figure 47: Difference between European and US mean month-end prices for ferromolybdenum, 1993 to 2006266
• Figure 48: European prices for molybdic oxide (drummed/delivered) and ferromolybdenum (65-70% basis), 2004 to February 2006271
• Figure 49: European free market prices for drummed molybdic oxide in warehouse, 1983 to February 2006272
• Figure 50: US prices for molybdic oxide, 1978 to January 2006272
• Figure 51: European ferromolybdenum prices, 1980 to February 2006 (US$/kgMo 65-70% basis delivered major European destination)273
• Figure 52: US ferromolybdenum prices, 1993 to January 2006273