Molybdenum oxide and ferromolybdenum prices took off last week, but not because of the ruling that China's molybdenum export restrictions are inconsistent with its obligations as a World Trade Organization member.
Researchers at Kansas State University have shown that a composite paper made of "interleaved molybdenum disulfide and graphene nanosheets" can be used as a negative electrode in sodium-ion batteries.
Here's a look at the mining environment in the United States, as well as an overview of some of the companies producing and exploring for the metal in the country.
Kazakhstan hasn't produced molybdenum since 2006, but exploration and development company Kemin Resources soon hopes to change that.
Thompson Creek Metals Company Inc. (TSX:TCM,NYSE:TC) announced Q1 2014 production results for its three operating mines, commenting that together they put out 7.9 million pounds of molybdenum, up from 7.2 million pounds in the year-ago quarter.
Moly Mines Ltd. (TSX:MOL,ASX:MOL) announced that it anticipates its shares being suspended from trading on the Australian Securities Exchange (ASX) from April 22, 2014.
General Moly Inc. (TSX:GMO,NYSEMKT:GMO) announced that it has begun a NI 43-101 compliant preliminary economic assessment (PEA) on a starter pit project at its Nevada-based Liberty copper-molybdenum project.
Taseko Mines Ltd. (TSX:TKO,NYSEMKT:TGB) announced that during the first quarter of 2014, it sold 40 million pounds of copper and 589,000 pounds of molybdenum from the Gibraltar mine, of which it owns 75 percent.
American CuMo Mining Corporation (TSX-V:MLY) Chief Operating Officer, Shaun Dykes, talks about the Company's focus on advancing the CuMo Project in Boise, Idaho.
American CuMo Mining Corporation (TSXV:MLY) CEO Shaun Dykes spoke to Resource Investing News about the Company's largest molybdenum deposit, with also extensive silver and copper, CuMo Project in Boise, Idaho.
Avanti Mining Inc. (TSXV:AVT) COO, Mark Premo spoke with the Investing News Network about the company's flagship Kitsault project in BC. Mr. Premo comments on the recent award of a provincial environmental certificate, which enables the Company to move forward with the permitting process at the project.
Metal Bulletin published an article that explains why European ferromolybdenum prices have fared so well since the end of this year's first quarter.
Metal Bulletin reported that according to Herbert Wirth, president and CEO of KGHM Polska Miedz SA (WSE:KGH), his company is confident about molybdenum's long-term prospects.
Phys.org reported that researchers at Singapore's Rice University and Nanyang Technological University have found a "potentially scalable" way to make molybdenum diselenide layers that are just 1 atom thick.
Platts reported that although molybdenum oxide prices reached a nine-month high on Friday, some believe that consolidation will take place in the first half of April.