Molybdenum traded flat at 510 CNY/Kg on July 11, 2025. Over the past month, Molybdenum's price has risen 6.36%, and is up 6.25% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Molybdenum - values, historical data, forecasts and news - updated on July of 2025.

In 2023, the Metals Week price of molybdenum amounted to ***** U.S. dollars per pound. That was a considerable increase in comparison to the average molybdenum price in 2016, which amounted to six U.S. dollars per pound.

Get the latest insights on price movement and trend analysis of Molybdenum Disulfide in different regions across the world (Asia, Europe, North America, Latin America, and the Middle East Africa).

China Molybdenum stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.

In 2024, the Indian ferro-molybdenum market decreased by -38.4% to $65M, falling for the second year in a row after three years of growth. In general, consumption continues to indicate a pronounced setback. Over the period under review, the market hit record highs at $109M in 2022; however, from 2023 to 2024, consumption remained at a lower figure.

Why did the Molybdenum Price Change in May 2025? The Molybdenum Price Index in North America showed a downward trend during Q1 2025, ending at USD 48,153/MT for Ferro-molybdenum 65% min CFR San Diego.

The Molybdenum Market Report is Segmented by End Product (Steel, Chemical, Foundry, and More), Product Form (Molybdenum Concentrates, Roasted Molybdenum, Ferromolybdenum, and More), End-Use Industry (Oil & Gas, Chemical & Petrochemical, Automotive, Industrial, Building & Construction, and More), and Geography (Asia-Pacific, North America, Europe, Rest of the World). The Market Forecasts are Provided in Terms of Volume (Tons).

In February 2025, the average molybdenum export price amounted to $57,165 per ton, surging by 2.4% against the previous month.

Chile Average Price: Molybdenum data was reported at 12.163 USD/lb in Dec 2018. This records an increase from the previous number of 12.002 USD/lb for Nov 2018. Chile Average Price: Molybdenum data is updated monthly, averaging 4.655 USD/lb from Jan 1979 (Median) to Dec 2018, with 480 observations. The data reached an all-time high of 36.625 USD/lb in May 2005 and a record low of 1.880 USD/lb in Dec 1992. Chile Average Price: Molybdenum data remains active status in CEIC and is reported by Chilean Copper Commission. The data is categorized under Global Database’s Chile – Table CL.P001: Metal Prices.

In August 2022, the molybdenum ore price stood at $14.8 per kg (CIF, Brazil), dropping by -5.9% against the previous month.

Snapshot img

The molybdenum market size has the potential to grow by 41.68 thousand MT during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.

This report provides a detailed analysis of the market by end product (steel, chemical, foundry, molybdenum metal, and nickel alloy), application (oil and gas, automotive, heavy machinery, energy, and others), and geography (APAC, Europe, MEA, North America, and South America). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including ABSCO Ltd., Anglo American Plc, Antofagasta Plc, Centerra Gold Inc., China Molybdenum Co. Ltd., China Rare Metal Material Co. Ltd., Corporacion Nacional del Cobre de Chile, Freeport-McMoRan Inc., Grupo Mexico SAB de CV, and Rio Tinto Ltd.

Market Overview

Browse TOC and LoE with selected illustrations and example pages of Molybdenum Market

Request a FREE sample now!

Market Competitive Analysis

The molybdenum market is fragmented. ABSCO Ltd., Anglo American Plc, and Antofagasta Plc are some of the major market participants. Factors such as high demand from APAC, growing demand for molybdenum in the oil and gas segment, and demand from automotive and construction industries will offer immense growth opportunities. However, volatility of steel prices, poor high temperature and oxidation resistance in molybdenum, and regulation on excess production capacity in the steel industry may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

To help clients improve their market position, this molybdenum market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this molybdenum market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

This report provides information on the production, sustainability, and prospects of several leading companies, including:

ABSCO Ltd. Anglo American Plc Antofagasta Plc Centerra Gold Inc. China Molybdenum Co. Ltd. China Rare Metal Material Co. Ltd. Corporacion Nacional del Cobre de Chile Freeport-McMoRan Inc. Grupo Mexico SAB de CV Rio Tinto Ltd.

Molybdenum Market: Segmentation by Geography

For more insights on the market share of various regions Request for a FREE sample now!

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. APAC will offer several growth opportunities to market vendors during the forecast period.

48% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for molybdenum in APAC. This report provides an accurate prediction of the contribution of all segments to the growth of the molybdenum market size.

Molybdenum Market: Key Highlights of the Report for 2020-2024

CAGR of the market during the forecast period 2020-2024 Detailed information on factors that will drive molybdenum market growth during the next five years Precise estimation of the molybdenum market size and its contribution to the parent market Accurate predictions on upcoming trends and changes in consumer behavior The growth of the molybdenum industry across APAC, Europe, MEA, North America, and South America A thorough analysis of the market’s competitive landscape and detailed information on vendors Comprehensive details of factors that will challenge the growth of molybdenum market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

High Pure Molybdenum Oxide Market Outlook

The global market size for High Pure Molybdenum Oxide was valued at approximately $850 million in 2023, and it is projected to reach around $1.3 billion by 2032, growing at a compound annual growth rate (CAGR) of 5.1%. The increasing demand for high-purity molybdenum oxide in various industrial applications, driven by its superior properties such as high melting point, thermal stability, and resistance to corrosion, is a key growth factor for this market.

One of the primary drivers of growth in the High Pure Molybdenum Oxide market is the escalating demand from the electronics industry. As the electronics sector continues to innovate and expand, there is a growing need for high-purity materials to enhance the performance and reliability of electronic components. Molybdenum oxide's high purity levels make it an excellent choice for use in thin films, semiconductors, and other critical electronic applications, thereby driving market growth.

Additionally, the expanding chemical industry is significantly contributing to the market's growth. High-purity molybdenum oxide is extensively used as a catalyst in various chemical reactions, including the synthesis of fine chemicals and pharmaceuticals. The ongoing advancements in chemical processing techniques and the increasing focus on sustainable and efficient processes further bolster the demand for high-purity molybdenum oxide, thereby propelling market growth.

The growing focus on renewable energy sources is also a crucial factor fueling the market's expansion. High-purity molybdenum oxide is used in the manufacturing of electrodes for solar cells and the production of hydrogen through water splitting. As countries worldwide strive to reduce their carbon footprint and transition towards clean energy, the demand for high-purity molybdenum oxide in renewable energy applications is anticipated to rise, contributing to the overall market growth.

In terms of regional outlook, Asia Pacific dominates the High Pure Molybdenum Oxide market, accounting for the largest market share in 2023. The region's robust industrial base, particularly in countries like China, Japan, and South Korea, coupled with increasing investments in electronics and renewable energy sectors, drive the demand for high-purity molybdenum oxide. North America and Europe also hold significant market shares, driven by the well-established chemical and electronics industries. The Middle East & Africa and Latin America regions are expected to witness moderate growth, supported by the expanding industrial activities and increasing adoption of advanced materials.

Copper Molybdenum Ores are a significant source of molybdenum, which is extracted as a by-product during the copper mining process. These ores are found in various geological formations and are mined using both open-pit and underground methods. The extraction of molybdenum from copper molybdenum ores is a complex process that involves several stages, including crushing, grinding, flotation, and roasting. The growing demand for molybdenum in various industries, such as electronics, metallurgy, and chemicals, has led to increased exploration and mining activities for these ores. The advancements in mining technologies and the development of more efficient extraction processes have further enhanced the production of molybdenum from copper molybdenum ores, contributing to the overall supply of this valuable metal.

Purity Level Analysis

The High Pure Molybdenum Oxide market is segmented by purity levels into 99.9%, 99.95%, 99.99%, and others. Among these, the 99.99% purity level segment holds the most substantial market share and is anticipated to grow at the highest rate during the forecast period. The superior properties offered by the 99.99% purity level, such as exceptional thermal stability and corrosion resistance, make it highly suitable for critical applications in electronics, catalysts, and metal alloys. The increasing demand for high-performance electronic devices and the need for efficient catalytic processes are key factors driving the growth of this segment.

The 99.95% purity level segment also holds a significant market share. This level of purity is extensively used in applications where slightly lower purity does not compromise performance, such as in the production of pigments and ceramics. The growing construction and automotive industries are major consumers of pigm

The global market size of Molybdenum Metal is $XX million in 2018 with XX CAGR from 2014 to 2018, and it is expected to reach $XX million by the end of 2024 with a CAGR of XX% from 2019 to 2024.
Global Molybdenum Metal Market Report 2019 - Market Size, Share, Price, Trend and Forecast is a professional and in-depth study on the current state of the global Molybdenum Metal industry. The key insights of the report:
1.The report provides key statistics on the market status of the Molybdenum Metal manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
2.The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
3.The report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for key vendors.
4.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
5.The report estimates 2019-2024 market development trends of Molybdenum Metal industry.
6.Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out
7.The report makes some important proposals for a new project of Molybdenum Metal Industry before evaluating its feasibility.
There are 4 key segments covered in this report: competitor segment, product type segment, end use/application segment and geography segment.
For competitor segment, the report includes global key players of Molybdenum Metal as well as some small players. At least 9 companies are included:
* Freeport-McMoRan
* Codelco
* Grupo Mexico
* China Molybdenum
* Thompson Creek Metals Company
* Anglo American Plc
For complete companies list, please ask for sample pages.
The information for each competitor includes:
* Company Profile
* Main Business Information
* SWOT Analysis
* Sales, Revenue, Price and Gross Margin
* Market Share

For product type segment, this report listed main product type of Molybdenum Metal market
* Powder
* Block
* Other
For end use/application segment, this report focuses on the status and outlook for key applications. End users sre also listed.
* Chemical/Petrochemical
* Building & Construction
* Aerospace and Defense
* Automotive
* Other

For geography segment, regional supply, application-wise and type-wise demand, major players, price is presented from 2013 to 2023. This report covers following regions:
* North America
* South America
* Asia & Pacific
* Europe
* MEA (Middle East and Africa)
The key countries in each region are taken into consideration as well, such as United States, China, Japan, India, Korea, ASEAN, Germany, France, UK, Italy, Spain, CIS, and Brazil etc.

Reasons to Purchase this Report:
* Analyzing the outlook of the market with the recent trends and SWOT analysis
* Market dynamics scenario, along with growth opportunities of the market in the years to come
* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and non-economic aspects
* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
* Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
* Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
* Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
* 1-year analyst support, along with the data support in excel format.
We also can offer customized report to fulfill special requirements of our clients. Regional and Countries report can be provided as well.

Learn about the recent developments and trends in the exports of molybdenum ore from the United States. Find out the volume and value of exports, growth rates, and peak periods.

China Molybdenum reported CNY92.31B in Current Assets for its fiscal quarter ending in March of 2025. Data for China Molybdenum | 603993 - Current Assets including historical, tables and charts were last updated by Trading Economics this last July in 2025.

Chile Exports Price Index: Mining: Iron Molybdenum Oxide data was reported at 174.540 2004=100 in Sep 2006. This records an increase from the previous number of 163.270 2004=100 for Jun 2006. Chile Exports Price Index: Mining: Iron Molybdenum Oxide data is updated quarterly, averaging 30.630 2004=100 from Mar 1996 (Median) to Sep 2006, with 43 observations. The data reached an all-time high of 230.500 2004=100 in Jun 2005 and a record low of 15.440 2004=100 in Mar 2001. Chile Exports Price Index: Mining: Iron Molybdenum Oxide data remains active status in CEIC and is reported by Central Bank of Chile. The data is categorized under Global Database’s Chile – Table CL.I030: Export Price Index: 2004=100.

The global molybdenum market size is projected to reach USD 674.52 million by 2033, exhibiting a CAGR of 4.0% during the forecast period. The increasing demand for molybdenum in various industries, such as aerospace, automotive, construction, and electrical and electronics is a key factor driving market growth. Molybdenum's exceptional properties, including its high strength, corrosion resistance, and electrical conductivity, make it a valuable alloying agent for steel and other metals. The growth in the aerospace industry is a significant driver of the molybdenum market. The use of molybdenum in high-performance alloys for aircraft engines, airframes, and other components is expected to continue driving demand. Additionally, the growing demand for molybdenum in the automotive industry,particularly in electric vehicles, is expected to support market expansion. Molybdenum is used in electric vehicle batteries and other components due to its excellent electrical conductivity and heat resistance. Recent developments include: The Molybdenum Market is poised to experience steady growth in the coming years, driven by rising demand from the steel industry. The steel industry accounts for the majority of molybdenum consumption, with molybdenum being used as an alloying element to improve the strength and durability of steel. Other industries that use molybdenum include the automotive, aerospace, and construction industries.In 2023, the Molybdenum Market was valued at USD 17.43 billion and is projected to reach USD 24.8 billion by 2032, exhibiting a CAGR of 4.0% during the forecast period. The growth of the molybdenum market is primarily attributed to the increasing demand from the steel industry, particularly in emerging economies such as China and India.Recent news developments and current affairs in the Molybdenum Market include:- In 2023, the molybdenum price reached a record high due to supply chain disruptions caused by the COVID-19 pandemic.- Several major molybdenum mining companies have announced plans to expand their production capacity in order to meet the growing demand.- The development of new technologies, such as 3D printing, is expected to drive demand for molybdenum in the future.Overall, the outlook for the Molybdenum Market is positive, with increasing demand from the steel industry and other industries driving growth in the coming years.. Key drivers for this market are: Highspeed steel production Automotive applications Aerospace alloys Catalyst applications Machining and tooling. Potential restraints include: Rising demand from construction, automotive; and aerospace industries Increasing adoption in stainless steel production Technological advancements in mining and processing Growing demand for molybdenum based alloys Environmental regulations driving market growth.

As per Cognitive Market Research's latest published report, the Global Molybdenum 99 market size will be $9,036.05 Million by 2028. The Global Molybdenum 99 Market Industry's Compound Annual Growth Rate will be 4.14% from 2023 to 2030.

The North America Molybdenum 99 market size will be USD 3,218.19 Million by 2028.

Key Dynamics of

Molybdenum 99 Market

Key Drivers of

Molybdenum 99 Market

Increasing Demand for Diagnostic Nuclear Medicine: Molybdenum-99 (Mo-99) serves as the parent isotope for Technetium-99m, which is utilized in more than 80% of nuclear medicine diagnostic procedures, encompassing cardiac, bone, and cancer imaging. The worldwide rise in chronic illnesses and the aging demographic is propelling the demand for Mo-99 to facilitate early, non-invasive medical diagnoses.

Government Initiatives to Enhance Domestic Supply: Numerous nations, particularly the United States and Canada, are investing in initiatives aimed at decreasing dependence on foreign sources of Mo-99 and bolstering domestic production. Collaborations between public and private sectors, along with reactor modernization efforts, are improving the security of isotope supply and fostering local manufacturing capabilities.

Progress in Non-HEU Production Techniques: The transition towards the production of Mo-99 utilizing low-enriched uranium (LEU) or alternative technologies, such as accelerators, aligns with regulatory requirements and global non-proliferation objectives. These cleaner and safer production techniques are fostering long-term investments and innovation within the Mo-99 supply chain.

Key Restraints for

Molybdenum 99 Market

Short Half-Life and Complicated Logistics: Mo-99 possesses a brief half-life of approximately 66 hours, necessitating swift production, transportation, and utilization. The time-sensitive nature of its supply chain presents significant distribution challenges, especially across international borders, and restricts storage options at medical facilities.

Limited Global Production Facilities: Currently, only a limited number of nuclear reactors around the globe are capable of producing Mo-99, resulting in supply vulnerabilities. Any outages or maintenance at a major facility can lead to worldwide shortages, impacting diagnostic procedures and hospital operations.

High Costs of Infrastructure and Regulatory Compliance: Establishing or upgrading Mo-99 production facilities demands substantial capital investment and rigorous adherence to nuclear safety regulations. This situation restricts entry for new market participants and may hinder the expansion of regional production capacity in underserved areas.

Key Trends in

Molybdenum 99 Market

Shift Towards Accelerator-Based and Non-Reactor Technologies: Innovators are creating methods for the production of Mo-99 and Tc-99m that utilize cyclotron and linear accelerator technologies, thereby decreasing dependence on outdated nuclear reactors. These advancements provide improved safety, reduced waste, and the potential for decentralization—transforming the future of medical isotope supply.

Expansion in Emerging Markets for Nuclear Medicine: Nations in the Asia-Pacific region, Latin America, and the Middle East are enhancing their nuclear medicine infrastructure, which is fueling the demand for Mo-99. Investments in hospital imaging facilities and isotope distribution systems are facilitating greater healthcare access and improved diagnostic capabilities.

Private Sector Involvement and Commercialization: Startups and private enterprises are progressively entering the Mo-99 market, bolstered by government funding and venture capital. These organizations are concentrating on sustainable production techniques, ensuring domestic supply resilience, and commercializing next-generation isotope technologies to address the increasing diagnostic requirements. Introduction of Molybdenum 99

Molybdenum (chemical symbol Mo) is a trace element that is necessary for life. In 1778, Carl Wilhelm Scheele, a Swedish chemist, discovered it. Molybdenum-99 (Mo-99) decays to technetium-99m (Tc-99m), a radioisotope used in hospitals and medical facilities.

The molybdenum 99 manufacturing technique is frequently employed in the production of uranium, whether highly enriched or non-highly enriched. The uranium-bearing targets are irradiated wi...

The Pakistani molybdenum market was finally on the rise to reach $250K in 2024, after two years of decline. Overall, consumption saw a prominent expansion. Molybdenum consumption peaked at $365K in 2021; however, from 2022 to 2024, consumption stood at a somewhat lower figure.

China Molybdenum reported CNY54.35B in Current Liabilities for its fiscal quarter ending in March of 2025. Data for China Molybdenum | 603993 - Current Liabilities including historical, tables and charts were last updated by Trading Economics this last July in 2025.