Large molybdenum deposit discovered in north China

Time:2024-09-06 13:20:49      Source:Xinhuanet.com

A large deposit with estimated reserves of 100 million tonnes of molybdenum ores has been found in north China's Inner Mongolia Autonomous Region.

The rare-metal deposit is located in Wengniute Banner, under the city of Chifeng. According to the banner's bureau of natural resources, its molybdenum reserves also contain many other metal minerals, including silver, gold, zinc, lead and copper.

Molybdenum can be added to enhance the hardness and toughness of alloy steel, and molybdenum compounds are widely used in the production of chemical reagents, medicine, fuel and lubricants.

Chifeng is dubbed China's city of nonferrous metals for its huge reserves of lead, zinc, tin, gold, silver and other metals.

Index RMB/t DoD Basis Date
Datong 5500 ex-mine 07-01
Shuozhou 5200 FOR 07-01
Ordos 5500 ex-mine 07-01
Yulin 6200 ex-mine 07-01
Liulin Low-sulphur ex-mine 07-01
Gujiao Low-sulphur FOR 07-01
Xingtai Low-sulphur ex-Factory 07-01
Yangquan PCI FOR 07-01
Index RMB/t WoW WoW% Date
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