Molybdenum News

Tungsten News
Molybdenum Market – June 30, 2025 8

Molybdenum market update on June 30, 2025 The domestic molybdenum market maintained an overall weak trend at the beginning of the week, with a mix of bullish and bearish factors leading to intense price negotiations between buyers and sellers, resulting in moderate transaction activity. Recently, steel companies have continued to suppress ferromolybdenum bids, prompting general price reductions from molybdenum concentrate producers. However, due to strong production cost support and limited increases in spot supply, the decline in molybdenum concentrate prices…

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CMOC group’s Layout of Gold Resources 22

On June 26th, CMOC group announced the completion of the acquisition of Canadian – listed company Lumina Gold, officially acquiring a 100% stake in the Cangrejos Project in Ecuador. The transaction was completed on June 24th, 2025. On April 21st, CMOC group announced a C $581 – million all – cash acquisition of all common shares of Lumina Gold, with the core target being this primary gold – mine project in the Andean metallogenic belt. The Cangrejos Gold Mine is…

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Molybdenum Market – June 27, 2025 32

Molybdenum market update on June 27, 2025 This week, the domestic molybdenum prices showed an overall downward trend, with the decline of some products slightly expanding. For example, the daily decline of molybdenum concentrate prices increased from about 10 yuan/ton-degree to about 40 yuan/ton-degree. It is worth noting that despite the price drop, the market trading volume did not significantly increase. CTIA GROUP LTD believes that the decline in molybdenum prices is a normal market reaction, mainly due to the…

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Molybdenum Market – June 26, 2025 64

Molybdenum market update on June 26, 2025 The domestic molybdenum market persists in a downward correction trend, with supportive factors weakening and steel tender prices continuing to decline, shifting consumer market sentiment from a stalemate to a downturn, and increasing industry concerns about future prospects. Today, molybdenum concentrate price decreased by another 20 yuan/ton-degree, ferromolybdenum price dropped by another 1,000 yuan/ton, and molybdenum bar price fell by another 10 yuan/kg. On the bullish side, recent frequent high temperatures, heavy rainfall,…

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Molybdenum Prices – June 25, 2025 61

Molybdenum market update on June 25, 2025 The domestic molybdenum prices are exhibiting a high-level downward trend, with molybdenum concentrate price decreasing by approximately 10 yuan/ton-degree, ferromolybdenum price decreasing by about 1,000 yuan/ton, and molybdenum powder price decreasing by around 2 yuan/kg. Currently, the continuous decline in steel tender prices has slightly undermined industry confidence in the future market. In the molybdenum concentrate market, a supply-demand stalemate persists. Supported by strong production costs and limited spot supply, some holders maintain…

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Molybdenum Market – June 24, 2025 27

Molybdenum market update on June 24, 2025 The domestic molybdenum market as a whole showed a bearish operation trend. Under the interweaving of multiple long and short factors, the price game between buyers and sellers was fierce: the sellers’ sentiment of reluctant to sell and maintaining prices remained high, and the buyers’ willingness to press prices did not weaken. In this context, the growth rate of market orders tended to be gentle. In the molybdenum concentrate market, product prices showed…

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Molybdenum Market – June 23, 2025 26

Molybdenum market update on June 23, 2025 At the start of the week, the domestic molybdenum market generally continued the sideways trend from the previous week. Under the mutual influence of strong reluctance to sell and price support from molybdenum mining enterprises, and high price-pressing sentiment from downstream and end customers, product prices showed no obvious changes, and market transactions performed moderately. Today, the prices of molybdenum concentrate, molybdenum iron, and ammonium tetramolybdate are approximately 3,850 yuan/ton-degree, 247,000 yuan/ton, and…

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Molybdenum Market – June 20, 2025 16

Molybdenum market update on June 20, 2025 This week, the domestic molybdenum market remained stable at high levels, with molybdenum product prices fluctuating within a narrow range and a strong sense of caution prevailing, influenced by firm raw material prices and a slight decline in steel tender prices. In the molybdenum concentrate market, conditions remain chaotic. Tight spot supplies combined with high production costs have led some suppliers to tentatively raise quotes to around 3,890 yuan/ton-degree. However, influenced by slowing…

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Four Advanced and Applicable Exploration Technologies Related to Molybdenum 24

On June 6, 2025, the General Office of the Ministry of Natural Resources issued the “List of Advanced and Applicable Exploration Technologies for the Promotion of a New Round of Strategic Actions for Mineral Exploration Breakthroughs (First Batch)”, of which there are 4 technologies related to molybdenum: 1. Rhenium-Osmium Isotope Dating Technology-National Geological Experimental Testing Center Applicant: National Geological Experimental Testing Center Technical Content: Rhenium-osmium isotope dating technology obtains isotopic age by measuring the content and isotope ratio of rhenium…

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Molybdenum Prices – June 19, 2025 49

Molybdenum market update on June 19, 2025 Domestic molybdenum prices are caught in a challenging stalemate, with strong supplier reluctance to sell at lower prices clashing with limited buyer consumption capacity, resulting in a stagnant trading atmosphere and modest new order volumes. However, over the long term, many industry players remain optimistic about a positive market outlook. On the bullish side, the tight supply of raw materials and high production costs make price reductions difficult for raw material suppliers, with…

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