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Molybdenum

Molybdenum is a silvery-grey metallic element with the chemical symbol Mo and atomic number 42, used primarily as an alloying agent in steel production and in high-temperature applications. The metal has one of the highest melting points of all pure elements, at 2 623 °C, making it valuable in applications requiring strength and stability at elevated temperatures. About 80% of molybdenum production is used in metallurgical applications, particularly in the manufacture of stainless steel, tool steel and cast iron, where it enhances strength, hardness, corrosion resistance and weldability. The element is also used in superalloys for aerospace and defence applications, in catalysts for petroleum refining and chemical processing, and in lubricants. Molybdenum occurs naturally in various minerals, most commonly molybdenite, and is often recovered as a by-product of copper mining operations. Major producing countries include China, Chile, the United States and Peru, with global production typically ranging between 250 000 t and 300 000 t a year. The metal is traded on commodity markets, with prices influenced by steel production cycles, infrastructure investment and supply dynamics. Molybdenum compounds are also used in electronics, pigments and agricultural fertilisers. The element was first isolated in 1781 by Swedish chemist Peter Jacob Hjelm, though the mineral molybdenite had been known and confused with lead ores for centuries prior.

Molybdenum News


Chile map/flag
Sierra Gorda fourth grinding line project, Chile
9th October 2026 By: Sheila Barradas

The project will increase Sierra Gorda’s processing capacity from an estimated 48-million to about 60-million tonnes a year. 


Haib project malachite
Haib copper project, Namibia – update
2nd October 2026 By: Sheila Barradas

The infill and expansion drilling programme has been completed. 


Molybdenum ore
US-based M2i partners with Polish companies to explore tungsten, molybdenum potential
29th September 2026 By: Marleny Arnoldi

Polish mineral resource companies Permia 1, Permia 2 and Permia 3 have signed a strategic collaboration and technical cooperation agreement valid for two years with US-based critical minerals... 


head and shoulder shot of Bradley
Stainless steel demand remains project-driven
25th September 2026 By: Devina Haripersad

South Africa’s stainless steel demand remains resilient, but tends to fluctuate, with customers focusing on maintenance, plant reliability and projects where corrosion resistance and life-cycle... 


An image of the Haib copper project
Koryx completes drill programme at Namibian project
23rd September 2026 By: Tasneem Bulbulia

TSX-V-listed Koryx Copper has announced assay results from 18 drill holes (7 074 m) received as part of the ongoing infill and expansion drill programme on the wholly-owned Haib copper project, in... 


North Island project area
Northisle publishes integrated MRE for four copper, gold deposits in British Columbia
7th August 2026 By: Marleny Arnoldi

TSX-V-listed Northisle Copper and Gold has published an integrated mineral resource estimate (MRE) for its North Island project, in British Columbia, which integrates the Northwest Expo, Red Dog,... 


Mocoa project
Copper Giant secures Denarius as major shareholder, offtake agreement with Trafigura
7th August 2026 By: Marleny Arnoldi

TSX-V-listed Copper Giant Resources Corporation has entered into a definitive agreement with Denarius Metals Corporation under which Denarius will make a strategic equity investment in Copper Giant... 


Gibraltar mine
Copper miner Trekor Metals posts solid output, earnings gains in Q2
6th August 2026 By: Marleny Arnoldi

Toronto, London and New York-listed Trekor Metals has reported adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) of $125-million in the second quarter, with net... 


Anglo’s Peru, Chile operations recognised by The Copper Mark
Anglo’s Peru, Chile operations recognised by The Copper Mark
28th July 2026 By: Sabrina Jardim

Diversified miner Anglo American’s Quellaveco copper mine, in Peru, and its three managed copper operations in Chile – the Los Bronces and El Soldado mines and the Chagres smelter – have been... 


Mount Polley mine area
Imperial posts lower Q2 output amid grade improvements, gets approval for tailings dam
22nd July 2026 By: Marleny Arnoldi

TSX-listed Imperial Metals Corporation has advised of the British Columbia Environmental Assessment Office recommending approval for the Mount Polley tailings dam construction to a 987 m elevation,... 


Caserones mine
Lundin limits some mining activity in Chile amid adverse weather
21st July 2026 By: Marleny Arnoldi

Canadian miner Lundin Mining has advised of severe winter storm conditions impacting Chile's Atacama region, including regional flooding and significant snowfall, which affects its Candelaria and... 


Lundin Mining's Caserones mine, in Chile
Lundin Mining expects gold collar contract losses of $12m in Q2
17th July 2026 By: Marleny Arnoldi

TSX- and Nasdaq-listed mining major Lundin Mining expects to report certain impacts to its adjusted earnings before interest, taxes, depreciation and amortisation (Ebitda) and adjusted earnings per... 


Gibraltar mine
Trekor produces solid amounts of copper, cathode in Q2
14th July 2026 By: Marleny Arnoldi

Toronto- and London-listed Trekor Metals produced 30.3-million pounds of copper and 559 000 lb of molybdenum in the second quarter. The company owns the Gibraltar mine, in British Columbia, and the... 


Fortune Metals' NICO project
Canada announces more federal investment for projects to advance critical minerals mining
29th June 2026 By: Marleny Arnoldi

Canada Energy and Natural Resources Minister Tim Hodgson on June 29 announced investments of up to $73-million planned for 12 projects across Canada to advance mining and the infrastructure needed... 


Robin Birchall
Serval sets out exploration work programmes in Namibia, Botswana, Côte d'Ivoire
19th June 2026 By: Lumkile Nkomfe

Mineral exploration and development company Serval Resources has set out work programmes for its copper exploration projects in Namibia and Botswana. Following a budgeting review, the company has... 


Larvotto's Hillgrove gold and antimony plant
Australian metal developers Larvotto, Hammer propose $54m merger to enlarge copper portfolio
11th June 2026 By: Marleny Arnoldi

ASX-listed antimony and gold developer Larvotto Resources has entered into a binding scheme implementation deed under which Larvotto will acquire 100% ownership of fellow-listed base metals... 


Kennecott Bingham Canyon mine
Kennecott Bingham Canyon mine, US
29th May 2026 By: Sheila Barradas

A copper mine located 30 km from Salt Lake City, Utah, in the US. 


Gibraltar mine
Taseko ramps up cathode production, reports generous Q1 earnings
7th May 2026 By: Marleny Arnoldi

Vancouver-based Taseko Mines has achieved markedly higher earnings before interest, taxes, depreciation and amortisation (Ebitda) in the first quarter of the year, having sold 27-million pounds of... 


Location map of the Berg project
Berg gold project, Canada – update
1st May 2026 By: Sheila Barradas

Surge Copper has made strong progress on the project prefeasibility study. 


Copper marked
Pacific Booker board urges rejection of American Eagle takeover bid, studies Morrison project anew
30th April 2026 By: Marleny Arnoldi

TSX-V-listed Pacific Booker Minerals’ board has recommended that shareholders reject the hostile all-share takeover bid having been made by American Eagle Gold Corporation earlier this month. The... 


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pqt: 0.152s - ct: 0.204s - 275pq - 2rq
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