GREY:MLKKF - Post by User
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24~Karaton Sep 13, 2007 9:35am
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Post# 13385606
the Molybdenum Market
the Molybdenum Market►An infrequent but very knowledgeable poster from the AUA board, bob3431, recently posted this excellent review of his observations from the Las Vegas Raw Materials conference:
A few notes on Moly from the Raw Materials Conference in LV this last weekend:
Moly is still very much the industrial metal darling.
The experts were not too bullish on industrial metals in general
(some still really like copper) but there was a great deal of
enthusiasm for moly.
1) Rheniun- do we know if there is Rhenium in AUA's drillings.
Apparently it is found in Moly deposits and is very important for
defense purposes- is necessary for certain fibers made of
rhenium/nickel and especially to keep the rear ends of jets from over
heating leaving a heat signature for anti jet missles-and is also
needed as a platinum-rhenium catylst for lead free gasoline.
2) The pipelines necessay to pump sulfur containing corrosive low
grade oil must use moly-this is HUGE.
3) There is a potential for a massive squeeze in moly a la the Hunt
Brothers.
4) Moly will not go below 20 and could go to 100!
5) a futures program is a possibility for Moly
6) Rare metals like Moly do not follow normal supply/demand curves so
forget all you know about economics of moly- Moly use is
an "engrained engineering" and will have to be used regardless of cost, much like Rhodium (sells for thousands of dollars )
7) Severe lack of roasting capacity for Moly
8) The flouride in fuel cells eats away the battery and moly is the
answer
9) Moly will increasingly substitute for Nickel
https://www.stockhouse.com/bullboards/viewmessage.asp?no=15557933&t=0&all=0&TableID=0