Molybdenum larger replenishment needs, bottom elasticity

Mo has not been due to the recent price movement, we believe that the molybdenum plate movement or with the "molybdenite" concept revisit relevant. Optimistic "graphene" and Chinese graphite or into the next rare earth resources, the news will be exhausted within 20 years of capital markets makes graphene stocks yesterday began a collective movement. 
 
In graphite background highlights the scarcity of resources, today Flush revisit "molybdenite" alternative graphene: Back in 2011 the Swiss Federal Institute of Technology in Lausanne (EPFL) nanoelectronics and structure (LANES) Laboratory will use a product called Fai molybdenum (MoS2) monomolecular layer of a semiconductor material, or for the manufacture of smaller, more energy-efficient electronic chips, nano-electronic devices in the next field than the conventional silicon material or graphene advantage. Molybdenum replenishment needs, greater flexibility bottom. 
 
At the end of 2012, the world's reserves of 11 million tons of molybdenum content, including China, the United States, the three countries accounted for 85% of Chile's total world reserves. Molybdenum production is correspondingly very concentrated, in 2012 the three countries accounted for nearly 80% of global mineral production. Globally, 80% of the molybdenum in the form of iron, molybdenum roasting molybdenum or molybdenum charge is applied to the steel industry, the other 20% is used for molybdenum chemicals, molybdenum metal products. 
 
Molybdenum, nickel large extent on the downstream coincidence, and serves on the nickel-molybdenum also associated, so there is a certain difference in price linkage. 
 
Molybdenum stocks continued to fall since the total in December 2013 reached its highest point, the current global total LME stocks of 108 tons of molybdenum, has reached the low of 3 years.


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