Global production and usage of molybdenum falls in Q1 2023

Published 17 August 2023

Figures released by the International Molybdenum Association (IMOA) show that global production of molybdenum fell by 3% to 146.8 million pounds (mlbs) in Q1 2023 compared to the previous quarter. However, this represented a 5% increase when compared to Q1 2022. Global usage of molybdenum in Q1 2023 fell by 8% to 144mlbs when compared to the previous quarter, a 6% fall when compared to Q1 2022.

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