Investor Presentaiton
Molybdenum: Constrained Supply
Stainless Steels,.
39%
Engineering Steels,
24%
Uses of Molybdenum
Chemicals, 13%
Source: International Molybdenum Association (IMOA)
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Foundries, 8%
Mo-Metals, 5%
Tool Steels, 8%
Nickel Alloys, 3%
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IDAHO
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Global production of Mo in 2020 was 540M lb. (1)
O COPPER
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Its principal use is in steel fabrication. Global demand
for this application is forecasted to rise 4.1% CAGR
from 2021-2030.(1)
Further growth in molybdenum usage is supported by:
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Mo replacing Co in lithium battery technology
Increased Mo content in desalination plants and
infrastructure needing high grade and corrosion
resistant steel.
Molybdenum supply is constrained by aging and lower
grade existing production and significant financial,
infrastructural, logistical and geopolitical challenges of
new projects.
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