Market demand & pricing

World Demand

Molybdenum is in ever great demand, with tightening supplies and soaring prices.

A world-wide boom in infrastructure projects

In the last four years demand for molybdenum soared by 35 per cent.

Strong world-wide push to invest in industrial infrastructure

All this activity has created an increase in demand for the metal and the transformation of a market that had been stagnant for nearly 20 years.

Price

The graph below shows quarterly average prices for the concentrate that is widely used as the reference market price base for molybdenum products.