Molybdenum News

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Molybdenum Market – July 2, 2025 5

Molybdenum market update on July 2, 2025 The domestic molybdenum market is exhibiting a stop-and-rebound pattern, with molybdenum concentrate prices increasing by approximately 60 yuan/ton-degree, reclaiming the 3,800 yuan/ton-degree threshold. Industry attention is focused on whether this price surge can sustain and surpass the June highs, an outcome that remains subject to market validation. On the bullish side, the rapid decline in molybdenum raw material prices by late June, combined with limited spot market supply, has prompted molybdenum mining companies…

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Price Trends of China’s Molybdenum Products in June 2025 15

I. Analysis of China’s Molybdenum Price Trends in June 2025 According to CTIA GROUP LTD, in June 2025, the price trends of China’s molybdenum raw materials and molybdenum chemical products diverged slightly: molybdenum raw material prices followed a pattern of initial increase, stabilization, then decline, while molybdenum chemical product prices remained stable before declining. Notably, most product prices in June reached new highs for the year, with molybdenum concentrate and ferromolybdenum peaking at approximately 3,870 yuan/ton-degree and 250,000 yuan/ton, respectively,…

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Molybdenum Market – June 30, 2025 13

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 31

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 36

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 74

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 73

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 28

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 27

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 17

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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