Molybdenum prices were fairly flat during October, but in Europe the metal managed to make some unexpected gains.
At the International Molybdenum Association's annual general meeting last month, CPM Group's Catherine Virga and Markus Moll of SMR Steel & Markets Research presented their opinions on where the moly market is headed.
General Moly has hit some stumbling blocks in the last few months, but that hasn't stopped the company from soldiering on.
Investors should not expect molybdenum prices to improve until at least the beginning of 2014, analysts interviewed by Metal-Pages believe.
Researchers in Switzerland and the United States are using molybdenite, also known as molybdenum disulfide, to improve current technology.
Avanti Mining announced today that it has signed an offtake agreement with Germany's TKMetPro. The deal is potentially worth US$2.7 billion in revenue.
Low demand kept molybdenum prices low in 2012, but the next few years may deliver improvement.
On Tuesday, American CuMo released encouraging results from infill drilling at its CuMo project.
The resurrection of the Kitsault mine received a crucial environmental permit last week. But a dispute resolution process started by a local Native group has raised questions.
A brief overview of molybdenum price developments, supply and demand and significant market movers.