Molybdenum is a kind of white malleable material, with high melting point, high strength, high elastic coefficient ect. properties. Molybdenum is mainly used in steel industry, to improve characters like the strength, elastic limit, corrosion resistance, high temperature resistance, abrasive resistance ect.
The molybdenum concentrate output is steady. The output of Jinmugufen has risen a little from 20.4 thousand tons in 2017 to 21.2 thousand tons; the output of Luoyang Muye has declined slightly from 16.7 thousand tons in 2017 to 16.4 thousand tons; the output of Luming has risen slightly from 14.3 thousand tons in 2017 to 15.6 thousand tons.
In 2021, the industry CR5 is about 52%.