China is a large producer and consumer of molybdenum in the world, and
the global increment in the molybdenum production and consumption in
the past two years mainly came from China.
In 2012, China produced 92 kilotons of molybdenum (equivalent to metal
content), accounting for 40.2% of the global molybdenum output, and
consumed 85 kilotons, accounting for 37.8% of the global molybdenum
consumption.
Due to the national protection on strategic resources, molybdenum
resources will be concentrated in large enterprises, and the supply will
be effectively controlled.Global molybdenum producers are mainly
concentrated in countries with rich molybdenum reserves such as China,
the United States and Chile.
Global top 10 molybdenum producers account for 2/3 of the global
output. Mineral resources are controlled by major molybdenum companies,
and the access to large-quantity and high-quality molybdenum ore
resources has become the biggest obstacle to entering the industry.
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