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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers -- Ignore unavailable to you. Want to Upgrade?

To: koan who wrote (31855)	2/4/2007 3:01:40 PM
From: Gib Bogle	Read Replies (1) \| Respond to of 78424

It looks as if my memory was faulty, anyway. This piece talks about using more molybdenum (not chromium) and less Ni in steel: Message 23206551 ... Here’s the key point with this chemistry lesson. Because of the high nickel price, which is now approaching precious metals status, the austenitic structure of the stainless steel alloy can still be maintained, but with lesser nickel and more molybdenum. In other words, because of the tight nickel inventories, manfacturers have begun hunting for substitutes for this metal. In multiple energy-related situations, moly could find its way as a ‘substitution metal’ for nickel in stainless steel production. Molybdenum strengthens the nickel matrix and extends service temperatures. In the extreme case, the nickel-based Alloy C-276® contains 15 to 17 percent molybdenum and is used for the construction of seawater-based flue-gas desulphurization plants. The higher moly content offsets the highly corrosive combination of seawater and sulfur-laden flue gases. As the major energy companies delve into the crummier fossil fuels, the sulfur content rises, thereby ultimately demanding a greater percentage of the molybdenum component. From this aspect, there may be merit the molybdenum price can provide some excitement through the end of the decade and perhaps some promise for some, if not all, of the junior molybdenum exploration and development companies. Coupled with the roasting capacity problem, as we discussed in the previously referenced article, this molybdenum cycle offers more hope of longevity than the two previous spikes. ...