Molybdenum News

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Guangdong Baishizhang Molybdenum Mine Adds 100,000 Tons of Molybdenum Metal 27

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 40

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 34

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 52

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 41

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 41

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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Molybdenum Market – June 11, 2025 47

Molybdenum market update on June 11, 2025 The domestic molybdenum market is experiencing a high-level oscillatory trend, with product prices fluctuating within a narrow range under the dual influence of suppliers’ strong reluctance to sell amid bullish sentiment and stable downstream inquiry and procurement activity. Currently, molybdenum concentrate and ferromolybdenum prices are approximately 3,860 yuan/ton-unit and 249,000 yuan/ton, respectively. On the bullish side, factors include: first, the significant environmental enforcement and declining ore grades have led to reduced output from…

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Molybdenum Market – June 10, 2025 66

Molybdenum market update on June 10, 2025 The domestic molybdenum market is exhibiting a generally favorable trend, with product prices remaining relatively high yet attracting numerous downstream users to enter the market. The trading atmosphere is active, and order growth is rapid. In the molybdenum concentrate market, a strong bullish sentiment prevails, driven by tight spot supply and steady downstream demand, prompting molybdenum mining companies to raise their quotes again. However, under these conditions, some holders, such as certain mining…

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Molybdenum Market – June 9, 2025 76

Molybdenum market update on June 9, 2025 At the beginning of the week, the domestic molybdenum market exhibited a high-level sideways trend, with intense price negotiations between buyers and sellers due to a mix of bullish and bearish factors, leading to a stronger wait-and-see atmosphere and moderate transaction volumes. On the positive side, unresolved tightness in molybdenum raw material supply and robust downstream demand are key reasons for suppliers maintaining firm quotes. However, with recent molybdenum price increases, some downstream…

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Molybdenum Market – June 6, 2025 82

Molybdenum market update on June 6, 2025 This week, the domestic molybdenum market displayed a positive and upward trend, primarily reflected in the strong reluctance of raw material suppliers to sell amid bullish sentiment, favorable steel tender prices, and stable downstream demand. Molybdenum concentrate price increased by approximately 60 yuan/ton-unit, a rise of 1.58%; ferromolybdenum price increased by approximately 2,000 yuan/ton, a rise of 0.81%; and molybdenum oxide price increased by approximately 60 yuan/ton-unit, a rise of 1.54%. Prices for…

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