[Ferro-Alloys.com] Global molybdenum production rises while use falls in Q2 2025

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, a 4% rise when compared to the same quarter of the previous year.

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 largest producer of molybdenum at 75.7 mlbs – a 3% rise when compared to the previous quarter, although a 0% rise when compared to the same quarter of the previous year. South America remained the second largest producer of molybdenum at 43.5 mlbs – a 2% rise on the previous quarter and 3% rise when compared to the same quarter of the previous year. Production in North America rose 3% to 33.3 mlbs when compared to the previous quarter, however, this represented a 21% rise when compared to the same quarter of the previous year. 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 largest user of molybdenum at 82.1 mlbs – a fall of 3% when compared to the previous quarter but a 15% rise when compared to the same quarter of the previous year. Europe remained the second largest user molybdenum at 30.3 mlbs – a rise of 6% compared to the previous quarter but a fall of 8% when compared to the same quarter of the previous year. Usage in Other Regions fell 8% to 21.1 mlbs when compared to the previous quarter - a 7% fall when compared to the same quarter of the previous year. USA saw the largest fall in usage, 15%, to 15.2 mlbs when compared to the previous quarter - a fall of 8% when compared to Q2 2024. Japan also saw a reduction in usage, 9%, to 10.5 mlbs when compared to the previous quarter - an 8% fall when compared to the same quarter of the previous year. Usage in CIS rose 10% to 5.1 mlbs, but this represented a fall of 7% when compared to the same quarter of the previous year.

• [Editor:tianyawei]