MOLYBDENUM DISCUSSION BOARD:
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BEGIN - OCTOBER 2004:
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Currently Moly Oxide is at $19.95 (US)/lb.
October 10,2004
"Molybdenum’s price is on the rise again, heading toward $18/lb early this month because of tight global supply caused by unexpected strong demand from European stainless steelmakers and reduced exports from China. Moly’s spot price averaged $5.22 in all of 2003 and then moved to $8.08 in the first quarter of 2004. However, in the succeeding five months, moly oxide has cost an average $15.25/lb."
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WHAT IS MOLYBDENUM?
"Molybdenum (Mo) is a refractory metallic element used principally as an alloying agent in steel, cast iron, and superalloys to enhance hardenability, strength, toughness, and wear and corrosion resistance. To achieve desired metallurgical properties, molybdenum, primarily in the form of molybdic oxide or ferromolybdenum, is frequently used in combination with or added to chromium, columbium (niobium), manganese, nickel, tungsten, or other alloy metals. The versatility of molybdenum in enhancing a variety of alloy properties has ensured it a significant role in contemporary industrial technology, which increasingly requires materials that are serviceable under high stress, expanded temperature ranges, and highly corrosive environments. Moreover, molybdenum finds significant usage as a refractory metal in numerous chemical applications, including catalysts, lubricants, and pigments. Few of molybdenum's uses have acceptable substitutions."
United States Geological Survey
minerals.usgs.gov
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INDUSTRY ASSOCIATIONS
International Molybdenum Association
imoa.info
Platts: Worlds largest and Most Authoritative Source of Energy Industry Information and Services
platts.com
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ARTICLES
Molybdenum price heads toward $18
Tom Stundza, Executive Editor
Purchasing September 7, 2004
manufacturing.net
The Economics of Molybdenum 2003
doc.tms.org
To view or print a Report on Molybdenum
written by the International Molybdenum Association :
adanacgold.com
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USGS Molybdenum Expert (DO NOT ASK FOR INFORMATION ON STOCKS OR INVESTMENTS!)
USGS Commodity Specialist
Michael J. Magyar
Phone: 703-648-4964
Fax: 703-648-7757
Email: mmagyar@usgs.gov
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MOLYBEDENUM PRODUCERS AND EXPLORERS:
Adanac Gold Corp
2A 15782 Marine Drive, White Rock, BC V4B 1E6
E-Contact: info@adanacgold.com;
tel. (604) 531-9639 fax: (604) 531-9634
adanacgold.com
Climax Molybdenum Company
(A subsidiary of Phelps Dodge Corporation)
One North Central Avenue
Phoenix, AZ 85004-4415 USA
tel. (602) 366-8100
climaxmolybdenum.com
Golden Phoenix Minerals
3595 Airway Drive, Suite #405
Reno, Nevada, USA 89511
Tel: 775-853-4919; FAX: 775-853-5010
golden-phoenix.com
Knaben Molybdenum Mines,
Knaben, Kvinesdal, Vest-Agder, Norway
Thompson Creek Metals Co
Denver Colorado
(Also operates Endako) |
