Silicon is the most commonly used semiconductor materials. But it has two drawbacks: firstly, when the silicon coating tends to thin, its electrical property will decline; secondly, its indirect bandgap makes it difficult to apply in photovoltaic projects, which greatly limit silicon application. Therefore, many scientists are looking for new semiconductor materials. Molybdenum ditelluride is a new type semiconductor material developed by a research team of Japanese and Korean.
Prices of 99.95%-grade molybdenum, also known as chemical pure moly, have maintained year-ago levels while more commonly traded 57%-grade moly oxide prices hover at multi-year lows, market sources said Tuesday.
China domestic rare earth metals market is still sluggish. According to statistics, this week cobalt quoted was 203000-210000 RMB / ton which has small increase, and the average price of cobalt is 205,666 RMB / ton, comparing with last week the price fell 0.48%. Magnesium ingot quoted has slight increase and at 29th the price remained 12200-12800 RMB / ton. It is reported the price increase relate to production limit; Antimony ingot price is 34000-35000 RMB / ton, almost flat.
This famous molybdenum company is a U.S.-based molybdenum mineral development, exploration, and mining company, announced its unaudited financial results for the third quarter ended September 30, 2015.
Tendency of molybdenum price
In China, rare earth domestic market still depressed. And in this article I will more emphasize on cobalt, magnesium, antimony and molybdenum concentrate market quotation. Cobalt quote price is going up with small range.
Molybdenum oxide prices showed signs of stabilizing Thursday after a seemingly relentless slide in recent days, with offer levels actually moving higher during the European day as buying interest picked up.
In terms of price, the rare earth metals in this week on China’s market still continued weakness. Cobalt, indium and other purchasing and storage kinds are good at earlier stage and after falling. Magnesium, antimony, bismuth, germanium and other products are effect by supply and demand continue to falling.
About year ago, on August 21, 2014, Platts daily dealer molybdenum oxide assessment was at $13.15/lb. In fact, throughout August 2014 the price stayed above $12.95/lb, which seems unimaginable now when oxide struggles to hold above $6/lb.
Ferro-molybdenum (FeMo) and molybdic oxide (MoO3) prices remained stable on Friday November 20, as negotiations for long-term contracts continued.
Tamil Nadu has asked Geological Survey of India (GIS) to carry out a study on availability of Molybdenum in Dharmapuri district and said it would consider setting up a related industry based on the report.