Molybdenum News Center

The domestic molybdenum industry has shown a pattern of polarized

The data show that the proven reserves of molybdenum resources in China in more than 20 million tons, ranking first in the world. At present, the domestic molybdenum industry has shown a pattern of polarized. According to statistics, the country Molybdenum related enterprises, with an annual output of more than 1000 tons of molybdenum iron works accounted for 70% of the total number of enterprises of molybdenum iron, but the production accounted for only 25% of the total production of the National molybdenum iron, and presence of high energy consumption, pollution weight and waste of resources, and many other issues.

Integrated the small charge enterprises, improve industrial concentration is the inevitable trend of development of the molybdenum industry. Insiders said that as soon as possible to develop the the molybdenum industry development planning, strict implementation of the industry access standards, accelerating the development of the internationalization of large molybdenum industry enterprise groups, moderate liberalization of molybdenum products processing trade, and promote the healthy and sustainable development of China's molybdenum industry.

Shenyin analyst the Zhou Xiaobo told reporters, the molybdenum application is very wide, growing with the rise of the military, and other emerging industries. The first two weeks of this year, the molybdenum price rose significantly. Equilibrium of supply and demand in 2013 will be sustained, molybdenum price is expected to average 2,730 yuan /ton, the molybdenum industry relevant company's share price will perform.

The two cities molybdenite stocks new Hualong, the CMOC and gold molybdenum shares. Terms of production volume, the CMOC is the nation's largest and the world's fourth-ranked producer of molybdenum, is also one of the largest producers of tungsten concentrates. New China Dragon is principally engaged in the production and processing of molybdenum and molybdenum chemicals, molybdenum metal and molybdenum products. Gold molybdenum shares is Asia's largest, world-class Molybdenum Company, has molybdenum mining, processing and molybdenum metal vertically integrated complete industrial chain.

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