Global and China Molybdenum Industry Report 2012-2015,II
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- Category: Molybdenum's News
- Published on 24 June 2013
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China is a large producer and consumer of molybdenum in the world, and the global increment in the molybdenum production and consumption in the past two years mainly came from China.
In 2012, China produced 92 kilotons of molybdenum (equivalent to metal content), accounting for 40.2% of the global molybdenum output, and consumed 85 kilotons, accounting for 37.8% of the global molybdenum consumption.
Due to the national protection on strategic resources, molybdenum resources will be concentrated in large enterprises, and the supply will be effectively controlled.Global molybdenum producers are mainly concentrated in countries with rich molybdenum reserves such as China, the United States and Chile.
Global top 10 molybdenum producers account for 2/3 of the global output. Mineral resources are controlled by major molybdenum companies, and the access to large-quantity and high-quality molybdenum ore resources has become the biggest obstacle to entering the industry.
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