Figures released by the International Molybdenum Association (IMOA) show that global production of molybdenum rose by 3% to 166.1 mlbs in Q2 2025 compared to the previous quarter.
Global usage of molybdenum in Q2 2025 fell by 4% to 164.5 mlbs, although this represented a 2% rise when compared to the same quarter of the previous year.
China remained the major producer of molybdenum at 75.7 mlbs – a 3% rise when compared to the previous quarter. South America remained at 43.5 mlbs – a 2% rise on the previous quarter. Production in North America rose 3% to 33.3 mlbs when compared to the previous quarter. Production in Other Regions remained the same as Q2 2024 at 13.6 mlbs, but this represented a 2% rise when compared to Q1 2025.
China remained the major user of molybdenum at 82.1 mlbs – a fall of 3% when compared to the previous quarter. Europe at 30.3 mlbs – a rise of 6% compared to the previous quarter. Usage in Other Regions fell 8% to 21.1 mlbs when compared to the previous quarter.