Molybdenum stock market

Molybdenum stock market

Posted: lukers Date: 19.06.2017

June 14, To make informed decisions, investors should be aware of the many molybdenum uses. May 15, China produced the most molybdenum by far in But which other countries were top molybdenum producers?

molybdenum stock market

December 29, After a slow recovery in prices in , what is ahead for the metal in ? November 20, The index was on the rise last week after falling the week before due to the US election.

Moly is known for its volatile price activity, and has been known to hit incredible highs and extreme lows — sometimes at the drop of a hat. The moly price is currently at the low end of that spectrum following a quiet At that point, factors such as declining by-product moly production and lower Chinese production in general may combine to push the moly price upward.

On the demand side, moly consumption by the steel industry could rise on the back of investments in energy infrastructure, growth in the transportation industry and more. Moly is used by the steel industry because it has good tolerance for high-heat and high-stress situations. Indeed, corrosion-resistant stainless steels contain 6 to 7. That said, the metal is used in chemical applications as well. For example, oil manufacturers use it as a catalyst to remove sulfur from crude.

Oil companies also use higher-grade stainless steels containing 13 to 16 percent moly when they need to drill down very deep. The moly included in such steels makes managing tough underground conditions much easier. That branch of medicine uses radiation to diagnose illnesses, and a shortage of technetiumm could thus cause problems for medical facilities, and of course patients.

Some firms are working to resolve the issue, and it will be interesting to see their progress moving forward. In terms of where moly is being produced, the top producer by a long shot is China. In , the Asian nation put out , tonnes of the metal. The third-biggest producer of was Chile, with output of 39, tonnes.

By producing the moly it needs on its own, China is able to both keep the momentum going in its industrial sector and avoid overpaying other countries for the metal. China used to have moly export quotas in place, but they were eliminated in following a World Trade Organization ruling.

Get My Free Report Click here to download for free. July 10, Tanzanian Royalty Exploration was the top gaining stock in mining on the TSX last week, followed by Levon Resources, Minco Silver, Gabriel Resources and Northern Dynasty Minerals.

June 6, This Monday, American CuMo announced it had inked a memorandum of understanding MOU with a major Chinese partner to bring its CuMo molybdenum-copper-silver deposit into development.

January 21, The company recently announced that the use of ore-sorting technology could allow for big upgrades at its CuMo deposit. January 7, The Investing News Network has created a series of free reports for investors, reviewing highlights and looking forward to With over 50 articles covering more than 40 investing topics, including insight and forecasts from hundreds of sources, these free reports offer incredible value to investors. Is the molybdenum outlook any better?

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GMO stock quote - General Moly, Inc. Common Stock price - nocuwahojopyx.web.fc2.com

Price Recovery to Continue? Exchange Rallies November 20, The index was on the rise last week after falling the week before due to the US election. No credit card required.

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GMO : Summary for General Moly, Inc. Common Stock - Yahoo Finance

Gold and Silver Stocks Rise July 10, Tanzanian Royalty Exploration was the top gaining stock in mining on the TSX last week, followed by Levon Resources, Minco Silver, Gabriel Resources and Northern Dynasty Minerals.

Massive Moly Deposit Gets Closer to Development June 6, This Monday, American CuMo announced it had inked a memorandum of understanding MOU with a major Chinese partner to bring its CuMo molybdenum-copper-silver deposit into development. How Ore-sorting Technology Can Cut Costs January 21, The company recently announced that the use of ore-sorting technology could allow for big upgrades at its CuMo deposit. Get the Latest Molybdenum Investing Stock Information.

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