Molybdenum Market 2019 Productivity Data Analysis by Key Company’s (Centerra Gold, China Molybdenum, Codelco) | Forecast to 2023

Molybdenum Market 2019 Report analyses the Industry Status, Size, Share, Emerging Trends, Growth Opportunity, Competition landscape and Forecast to 2023. This report also provides data on Patterns, Improvements, Target Business Sectors, Limits and Advancements.

Global Molybdenum Market overview:

The report " Molybdenum Market” The quick adoption of advanced Analytics and Visualization and the expand use of outward data sources are the major drivers of the Molybdenum Market. The report high Point, Potential Growth Opportunities in the coming years and covers a review of the Market Drivers, Growth Measure, Competitive Landscape, Market Dynamics, Opposition and other Molybdenum Feature to the Molybdenum Market.

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Molybdenum does not occur naturally as a free metal on Earth; it is found only in various oxidation states in minerals. The free element, a silvery metal with a gray cast, has the sixth-highest melting point of any element. It readily forms hard, stable carbides in alloys, and for this reason most of world production of the element (about 80%) is used in steel alloys, including high-strength alloys and superalloys. Molybdenum is a chemical element which is valued as an alloying agent in stainless steel or structural steel due to its strength, ability to hold shape, corrosion resistance, and ability to operate at high temperatures. Molybdenum is a byproduct of copper mining. It is lightweight, silvery-white lustrous metal, with reminiscence of tin. It is reliable, durable, resilient, and has low degree of thermal expansion.



The Global Molybdenum Market is segmented on the basis of Product Type, Application, End Use Industry and Region. On the Basis of Product Type segment, the Molybdenum Market is sub segmented into Steel, Chemicals, Foundries, Mo-metals, Nickel alloys. Based on Application segment, the Molybdenum Market is sub segmented into. Based on End Use Industry segment, the Molybdenum Market is sub segmented into Oil and gas, Automotive, Heavy machinery, Energy, Aerospace and defense.

As per the geographic analysis Asia Pacific holds a prominent share of the market due to the use of molybdenum and its alloys in electronics and electrical devices in the region. Rapid industrialization and rise in the consumption of Molybdenum in steel are expected to boost the Molybdenum Market in Asia Pacific. Increase in steel manufacturing in emerging economics such as China and India is expected to boost the molybdenum market in Asia Pacific. North America and Europe hold considerable share of the global Molybdenum Market. The market in these regions is expected to expand at a sluggish pace in the near future. Latin America and Middle East & Africa are projected to hold less share of the global Molybdenum Market.

Some of the major players that operate in the Global Molybdenum Market are Centerra Gold, China Molybdenum, Codelco, Freeport-McMoRan, Grupo Mexico, BHP Billiton Group, American CuMo , Mining Corporation.

Latest Industry Updates:

Codelco:- Generates US $ 318 million of surpluses and maintains its direct competitive costs. In his last delivery of results as executive president of the state, Pizarro took stock of his management, while his successor, Octavio Araneda, said there is a concrete plan to deepen and accelerate the repositioning of Codelco among the most competitive copper producers, sustainable and profitable in the world.

Santiago, August 30, 2019.- The complex economic panorama worldwide, the fall in the price of copper and molybdenum, a lower production that reached 710 thousand tons of fine copper and other operational restrictions occurred in the first half led Codelco to generate surpluses of US $ 318 million for the State of Chile .

The production of the first semester was strongly affected by the rains of February, the 14-day strike in June, lower head laws compared to 2018, maintenance campaigns in the Andina and Chuquicamata divisions, totaling 103 thousand tons less (-11 %) than the previous year. Of this figure, 32 thousand are explained by the strike and the climatic event; 15 thousand tons for lower ore laws, as planned in the plan of the year, in addition to 43 thousand tons for accumulation of inventory, which will be processed during the remainder of the year.

Meanwhile, during the first half of the year, direct costs reached 142.3 cents a pound (c / lb) . Although they are 3.4% above the costs of the same period of the previous year, they were 0.8% lower than the target, which considered the effect of lower ore grade. This positive figure is explained by a saving in services and in the purchase of materials, the optimization of contracts and a lower endowment, among others.

Market segment by Regions/Countries, this report covers:

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

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Table of Contents:

Section 1 Molybdenum Product Definition

Section 2 Global Molybdenum Market Manufacturer Share and Market Overview

Section 3 Manufacturer Molybdenum Business Introduction

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3.3 Codelco Molybdenum Business Introduction

3.3.1 Codelco Molybdenum Shipments, Price, Revenue and Gross profit 2014-2018

3.3.2 Codelco Molybdenum Business Distribution by Region

3.3.3 Interview Record

3.3.4 Codelco Molybdenum Business Overview

3.3.5 Codelco Molybdenum Product Specification

3.4 Freeport-McMoRan Molybdenum Business Introduction

3.5 Grupo Mexico Molybdenum Business Introduction

3.6 BHP Billiton Group Molybdenum Business Introduction

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