Not much is known about this metal in the ground which is very scarce
around the world with only a handful of miners mining this resource in
a few countries. Molybdenum,is a metallic element used principally as
an alloying agentin steel,cast iron and superalloys to enhance
hardness, strength, toughness and corrosion resistance. Molybdenum
usage has doubled
in recent years and is expected to increase in demand due to its
superior versatility, low toxicity compared to mostmetals, and there
are few opportunities for its substitution.
Australian Molybdenum miners
- Moly mines
- Aussie Q Resources
- Zamia Metals
- Marengo’s Mining ( papa new guinea)
- Dart Mining . NL
- Kingsgate mines
- Ivanhoe Mines
- Metallic Minerals Limited’s
- Thor Mining PLC
- D’Aguilar Gold Limited’s
Molybdenite is widely used as a lubricant in high-temperature environments.
Molybdenum wire is used in electron tubes,and molybdenum electrodes are
used in glass furnaces. The major producers are the USA (Colorado
China,Chile and Canada. Australia has just started mining molybdenum
resources which occur in New South Wales and WA.
Why molybdenum could be the next gold !!
#1 Molybdenum is essential to plant growth and animals as a component
of the enzymes nitrate reductase and
#2 molybdenum has the lowest abundance in the earths crust (other than
useless selenium) at 1ppm of the life giving metals
#3 molybdenum has the 6th highest melting point of all metals ,and the
highest melt point of life giving metals
#4 if i were leaving earth forever i would build the ship out of molybdenum
and grow hydroponic plants which need 13 elements (moly incl.)
#5 CHINA has high rates of esophageal cancer because of low
molybdenum amounts in their soil
#6 nuclear power is not leaving ,nor are pipelines ,we need Corrosion
resistant high moly % stainless steel
LUCKY #7 CHINA IS CALLING MOLYBDENUM A NATIONAL RESOURCE AND IS LIMITING
THE MINING OF MOLYBDENUM BECAUSE THEY KNOW IT IS MORE VALUABLE LEFT IN THEIR
MINES IN THE GROUND ,THEY WILL BUY EVERYONE ELSES AT LOW CHEAP PRICES NOW,
THEY WILL EXPLOIT. THE BIG NEWS ON HOW MUCH THEY WILL LIMIT THE MINNG OF
MOLYBDENUM IS DUE TO COME OUT IN 2011.
Molybdenum was discovered in 1778 by Swedish chemist Carl Milhelm Scheele, and obtained its name from the Greek word molybos, meaning lead like. It is a silvery white, tough, malleable metal and most commonly occurs in nature as molybdenite (MoS2) and wulfenite (PbMoO4). It is an important trace element in soils for plant growth. The main commercial source of molybdenum is molybdenite (MoS2) but it is found also in minerals such as wulfenite (PbMoO4) and powellite (CaMoO4). Molybdenum is mined as a principal ore and is also recovered as a by-product or co-product of copper and tungsten mining.
Australia’s Economic Demonstrated Resources (EDR) of molybdenum rose from 225 kilotonne (kt) in 2008 to 276 kt in 2009. All the increase occurred at Ivanhoe Australia Ltd’s Merlin deposit in northwest Queensland (Qld). Western Australia (WA) has Australia’s largest molybdenum EDR with about 79%, followed by Qld with 19% with the remainder in the Northern Territory (NT) and New South Wales (NSW).( Ref Australian Mine atlas ). China has the world’s largest molybdenum reserves, but in 2005, peasants in Hubei blamed molybdenum mines for poisoning the Chaoshui river. Rioters destroyed an estimated 200 molybdenum mines, crippling the world’s supplies.
Molybdenum in grapevines
Molybdenum (Mo), is a micronutrient involved in the conversion of nitrate nitrogen, taken up by the roots, into a form that the vine can use. It is
also involved in enzymatic reactions essential for growth and reproduction in plants. Recent research indicated that molybdenum plays an important
role in: grapevine fruit set; seed formation; berry formation and development; and bunch yield. Merlot grapevines, in particular, have a critical need for adequate
molybdenum concentrations during ﬂowering and reproduction for seed formation and bunch yield
Article by Australian Penny Stocks ( Contributors – CARLO BIANCARDI , Jeff)