Molybdenum [Mo]

Used as an alloy to strengthen steel, making it less susceptible to rust/corrosion
Used as an alloy to strengthen steel, making it less susceptible to rust/corrosion
Current price is approximately US $16/lb (molybdenum oxide) and expected to remain strong in the near-term
Japan expanding stockpile of strategic rare metals (including tungsten, molybdenum and vanadium) to reduce dependence on China
JOGMEC (Japan Oil, Gas and Metals National Corporation), POSCO (Korea) actively scouring the globe to secure future supplies of tungsten and molybdenum, with strong interest in the Yukon


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