Molybdenum production falls while usage remains static in Q3 2022
Published 02 February 2023
Figures released by the International Molybdenum Association (IMOA) show that global production of molybdenum fell by 1% to 142.4million pounds (mlbs) in Q3 2022 compared to the previous quarter, a 2% fall when compared to the same quarter of the previous year. Global usage of molybdenum in Q3 2022 remained broadly static at 160.4 mlbs when compared to the previous quarter, although this represented a 10% rise when compared to the same quarter of the previous year.
