Molybdenum

KGHM is becoming  stronger and stronger on the world molybdenum market. Molybdenum is a natural resource demanded by rapidly developing and powerful world economies. Most of the produced material is used in high-temperature-resistant and corrosion-proof alloys, hence 65% of the production of this metal is applied in steel industry. 

Molybdenum is commonly used in the consumer, energy, industrial, medical, agricultural, aerospace, and transportation markets.

The silvery-white, very hard metal has the sixth highest melting point of any metal and is often used to create high strength alloys and superalloys.

When added to steel and cast irons, it improves strength, hardness and weldability, while also elevating temperature strength and corrosion resistance. As an addition to nickel-based alloys, it enhances resistance to corrosion and high-temperature deformation.

In 2014, KGHM started extracting molybdenum from the Sierra Gorda open-pit mine in Chile, in cooperation with Sumitomo Metal Mining and Sumitomo Corporation. These mining activities will make Sierra Gorda one of the top three producers of molybdenum in the world. It is estimated that within the first years of the operation, the mine will produce 50 million pounds of molybdenum annually.

If you are interested in purchasing this product, go to the contact form.