Le Molybdéne

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Re: Le Molybdéne

Message par energy_isere » 30 oct. 2022, 10:14

La plus grosse mine (en fait future mine) du monde exclusivement focalisée sur le Molybdène est en Chine et va changer de main.
Pour rappel le Molybdène est plutôt un co produit des mines de Cuivre.
Les teneurs sont de 0.1 à 0.3%.
Zijin Mining to Acquire World’s Largest Molybdenum-only Mine

By NS Energy Staff Writer 27 Oct 2022

The Shapinggou Molybdenum Mine is situated in Jinzhai County, an old revolutionary base deep in the Dabie Mountains. The deposit was discovered only at the beginning of this century.

Zijin Mining entered into an agreement with Anhui Jinsha Molybdenum Co., Ltd. to acquire an 84% interest in the company for RMB 5.91 billion, which will see Zijin control the world’s largest molybdenum-only deposit.

The deal was secured through public tendering at the Anhui Assets and Equity Exchange. Located in Jinzhai County, Anhui, China, the Shapinggou Molybdenum Mine is a world-class, ultra-large porphyry molybdenum deposit with 2,337,800 tonnes of resources within the area covered by the exploration license.

The project is designed to mill 10 million tonnes of ore and produce 27,200 tonnes of molybdenum per annum. Completion of the transaction is subject to the ongoing conversion of the exploration license into a mining license.

Following the completion of the acquisition, Zijin Mining’s attributable molybdenum resources will surge from 920,000 tonnes to 2.9 million tonnes, accounting for approximately one-third of China’s total. And the company will be on track to become one of the world’s largest molybdenum producers.

The Shapinggou Molybdenum Mine is situated in Jinzhai County, an old revolutionary base deep in the Dabie Mountains. The deposit was discovered only at the beginning of this century.

It has 2,337,800 tonnes of resources and is the world’s largest molybdenum-only mine. With an average grade of 0.143%, the mine has about 630,000 tonnes of resources grading as high as over 0.3%, while 65% of molybdenum resources in China have a grade of less than 0.1%.

The deposit has only one main orebody that is 660 meters thick on average. The apple-shaped, thick orebody hosts 99.9% of the mine’s resources and is thus suitable for large-scale underground mining.

Such resource endowment will enable Shapinggou to achieve low-cost development and fast returns, making it a highly competitive project in the market.

According to the design of China ENFI Engineering Co., Ltd., the project will be built with a throughput of 10 million tonnes and produce 27,200 tonnes of molybdenum per annum after reaching its designed capacity.

Construction will be completed in 4.5 years and the project will have an initial mine life of 57 years.

Based on a price of RMB 150,000 per tonne of molybdenum concentrate, it is estimated the project will generate approximately RMB 1 billion in earnings per annum, creating brand new scope for Zijin’s growth.

Doubling down on a strategic mineral that represents the future

Molybdenum is a strategic, minor metal that is scarce in the world. There are few molybdenum-only deposits in the world as molybdenum often occurs as an associated mineral in copper and other metallic mines.

In recent years, there has been only a slow increase in the supply of the metal as it is subject to the development of copper mines.
https://www.nsenergybusiness.com/news/z ... only-mine/

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Re: Le Molybdéne

Message par energy_isere » 15 janv. 2023, 14:56

Forte poussée du prix du Molybdène :
Surging molybdenum price adds weight to new year rally for copper producers

Frik Els | January 10, 2023

Copper prices started the new year with a bang – touching fresh six-month highs on Tuesday. Copper for delivery in March touched $4.0795 per pound or just shy of $9,000 a tonne, bringing gains for the first week of 2023 to over 8%.


Measured from last year’s summer lows the bellwether metal is up nearly 30% on optimism over a post-covid recovery in China, which consumes more than half the world’s copper, and long-term demand growth spurred by the energy transition.

In a new note, BMO Capital Markets points out molybdenum has been one of the strongest base metal performers in the recent past with the latest spot assessments at ~$32 per pound or $70,500 per tonne – more than 50% higher than November-end levels.

Molybdenum is often produced as a byproduct of porphyry copper mines with global production worldwide of 300,000 tonnes primarily destined for the steel industry.

BMO says with demand conditions still relatively muted due to softness on global steel markets output, the price surge for molybdenum is mainly driven by supply issues:

“With the ongoing output challenges at Codelco, responsible for ~50% of Chilean molybdenum supply, Chilean output remains well below the five-year average, though November did mark a return to y/y growth.

“Meanwhile, Peru’s output is also down y/y, while other key primary producers such as China and the U.S. are also facing production headwinds.”

BMO says the the gains in molybdenum should help by-product credits at many copper operations, reducing headline costs and profits at producers.
https://www.mining.com/surging-molybden ... producers/

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Re: Le Molybdéne

Message par energy_isere » 22 janv. 2023, 15:55

Molybdenum price in Europe hits record high

Staff Writer | January 18, 2023

The copper market took a breather on Wednesday after eight straight days of gains, but not before touching a fresh six month high of $4.39 a pound ($9,680 a tonne) in early trade, bringing its gains YTD to 12%.


Copper stocks shot out of the gate in 2023 on optimism over a post-covid recovery in China, which consumes more than half the world’s copper.

Copper producers’ margins are also buoyed by a surge in the price of molybdenum, often produced as a byproduct of porphyry copper mines. Global moly production of 300,000 tonnes per year is primarily destined for the steel industry.

Argus reports that European prices for moly are now at the highest levels since the company launched its in-warehouse Rotterdam assessment in 2019 as supply from China slows. China produces over 40% of the world’s moly. Chinese ferro-molybdenum hit 15-year highs recently.

“There is zero availability on the ground and some people actually flew some material from China,” a trader in Europe told Argus.

“Global molybdenum consumption is expected to continue increasing over the next decade as demand for molybdenum-containing steels grows. But production has been squeezed by lower molybdenum content in mined ores seams and a lack of new molybdenum projects to meet demand,” according to Argus analysis.

China’s grip on the market is unlikely to relax any time soon. Zijin Mining (SHA:601899, HKG:2899), which at around 500,000 tonnes per annum is the world’s ninth-largest copper producer, last year acquired the world’s largest primary molybdenum-only mine with annual output of 27,200 tonnes per year.

In Canada, Stuhini Exploration (TSX-V: STU) is advancing the Ruby Creek molybdenum project in the far north of British Columbia. According to the company’s March 2022 resource estimates Ruby Creek contains just over 196,000 tonnes of moly alongside the property’s gold and silver ore.
https://www.mining.com/molybdenum-price ... cord-high/

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Re: Le Molybdéne

Message par energy_isere » 18 févr. 2023, 22:17

La derniére fiche USGS du Molybdéne : https://pubs.usgs.gov/periodicals/mcs20 ... bdenum.pdf

chiffres en tonnes.

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le post de l' an dernier : viewtopic.php?p=2339709#p2339709

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Re: Le Molybdéne

Message par energy_isere » 24 sept. 2023, 13:42

Projet de redémarrage d'une mine de Molybdène aux USA :
Centerra pencils in 2027 restart for Thompson Creek

By: Mariaan Webb 19th September 2023

Image
The Thompson Creek mine in Idaho

The idled Thompson Creek molybdenum mine, in Idaho, may resume production by the second half of 2027, Toronto- and New York-listed Centerra Gold said on Monday, announcing the Thompson Creek prefeasibility study (PFS) results as part of a newly unveiled strategic plan for each of its assets.
....................
https://www.miningweekly.com/article/ce ... 2023-09-19

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Re: Le Molybdéne

Message par energy_isere » 15 oct. 2023, 10:01

suite de ce post du 16 oct 2022 viewtopic.php?p=2355453#p2355453
Greenland Resources Signs a Letter of Intent With Outokumpu to Strengthen Their Future Supply Chain of Low-Emission High-Quality Molybdenum
Greenland Resources is a Canadian public company focused on the development of its 100% owned world-class Climax type pure molybdenum deposit located in central east Greenland


By NS Energy Staff Writer 09 Oct 2023

Greenland Resources Inc. (NEO: MOLY | FSE: M0LY) (“Greenland Resources” or the “Company”) is pleased to announce the Company has signed a letter of intent (“LOI”) with Outokumpu Europe Oy (“Outokumpu”) for the supply of a significant amount of molybdenum from the Malmbjerg molybdenum project (the “Project”). Outokumpu is a major global stainless steel producer and one of the largest molybdenum consumers worldwide and has a long history as a mining company before focusing on stainless steel. Greenland Resources sees a very good fit on Outokumpu and looks forward to continuing negotiations on further detailed cooperation. A joint press release from Outokumpu can be found in their website at www.outokumpu.com.

Outokumpu, the global leader in sustainable stainless steel, has been exploring opportunities to secure sustainable molybdenum supplies from western suppliers – as a part of its long-term strategy for value-chain integration. Molybdenum is a critical and strategically important raw material for Outokumpu’s stainless steel production. Greenland Resources has therefore signed an LOI with Outokumpu, with the goal of providing molybdenum oxide and carbon-free briquettes from the Project.

Greenland Resources is developing one of the highest grade molybdenum deposits in the world with an ore body that contains very few deleterious elements, in a high ESG standard jurisdiction part of Denmark, some 2,300 km west of Helsinki. The Project is supported by European Institute of Innovation and Technology (EIT) RawMaterials and European Raw Material Alliance (ERMA), a body of the European Union, as per their press release of September 23, 2023. The Project is an open-pit molybdenum mine that could supply around 25% of the European molybdenum demand. Europe is the second largest molybdenum user worldwide and has no production of its own. The Project is planned to have a low footprint due to modularized infrastructure, low CO2 emissions, low aquatic disturbance and clean contained tailings. The transport of 35,000 tonnes of ore per day uses a gravity based aerial rope conveyor that requires no energy and therefore generates no carbon emissions and generates electricity from braking. Further information on the environmentally friendly mine design of the Project can be viewed in this video on the project.

“The carbon footprint of Outokumpu’s stainless steel is already the lowest in the industry. It is a competitive advantage for us, and we want to drive green transition and further decarbonize our product – and the whole industry. Cooperation within our value chain allows us to reduce our supply chain emissions, and at the same time we also want to ensure access to the most sustainable molybdenum suppliers like the Canadian company Greenland Resources. Long-term cooperation with Greenland Resources could also provide us an access to a stable supply of molybdenum and protect us from volatile market pricing and supply. We are excited about the collaboration and are looking forward to continue the good dialogue aiming at a binding long-term cooperation,” says Marc-Simon Schaar, Chief Procurement Officer at Outokumpu.

“We plan to extract quality molybdenum with high ESG standards from Greenland, a jurisdiction that is not only part of the kingdom of Denmark but has very similar living standards as Finland. The Malmbjerg primary molybdenum deposit is one of the richest and cleanest of its kind. The resulting ferroalloys are perfectly suited to be used in high quality steels produced by Outokumpu. Outokumpu will be able to source a long-term reliable supply of molybdenum oxide and carbon-free briquettes, know from where every single pound of molybdenum is being extracted, and can follow the high ESG standards over the 20-year mine life. Adding to EU circularity, the extraction will be done in an associate EU country, the processing of the concentrate and steel production will also be done in the EU; and a significant part of the mining equipment, team and funding will be EU sourced,” says Greenland Resources Chairman Dr Ruben Shiffman.
https://www.nsenergybusiness.com/news/g ... olybdenum/

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Re: Le Molybdéne

Message par energy_isere » 07 févr. 2024, 23:46

La dernière fiche USGS du Molybdène : https://pubs.usgs.gov/periodicals/mcs20 ... bdenum.pdf

chiffres en tonnes.

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le post de l' an dernier : http://www.oleocene.org/phpBB3/viewtopi ... 7#p2363137

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Re: Le Molybdéne

Message par energy_isere » 15 sept. 2024, 12:26

Centerra completes feasibility study on US molybdenum operations

Staff Writer | September 13, 2024

Image
The Thompson Creek high-grade molybdenum mine in Idaho. Credit: Centerra Gold

Centerra Gold has released a feasibility study for its US molybdenum operations centred around the vertical integration of the past-producing Thompson Creek mine in Idaho and the Langeloth metallurgical facility near Pittsburgh, Pennsylvania.

The report estimated an after-tax net present value (at 8% discount) of $472 million with a 22% internal rate of return. This represented an upgrade on the capital estimates presented in the pre-feasibility study, with more than double the NPV and a slightly higher IRR.

In addition, the FS has added another year of production to the molybdenum operation, now estimated at 12 years with total production of 146 million lb., including more concentrates produced during the first four years.

The FS is based on proven and probable molybdenum reserves of 161 million lb., measured and indicated molybdenum resources of 63 million lb. and inferred molybdenum resources of 17 million lb. at the Thompson Creek mine. The average reserve grade is 0.065% molybdenum.

On a standalone basis, the Thompson Creek mine has an after-tax NPV of $185 million and IRR of 15%, using an assumed flat molybdenum price of $20/lb. over the life of mine. Initial capital to build the mine is estimated at $397 million.

“Following significant progress on permitting efforts in the second quarter 2024, we have pivoted from a two-phased approval to a single-phase capital investment of $397 million over three years from now,” Centerra CEO Paul Tomory said, adding that the mine is targeted to resume production in late 2027.

“Our total project costs guidance at Thompson Creek for the second half of 2024 is expected to be $55 to $65 million. We will provide 2025 guidance for Thompson Creek with our annual guidance that is expected to be published early next year,” he added.

Tomory also noted that the Langeloth facility would be a key contributor to the molybdenum operation, generating approximately $50 million of earnings before interest, taxes, depreciation and amortization (EBITDA) a year. Langeloth represents one of three molybdenum conversion facilities in the US, and has been in operations since 1924.

Thompson Creek first began operations in 1983 as an open pit mine, producing molybdenum disulfide concentrates that would be processed into technical grade molybdenum oxide, with the majority of concentrate historically processed at the Centerra-owned Langeloth facility.

In 2016, Centerra acquired the Thompson Creek mine in a deal valued at $1.1 billion. Over a two-year period prior to the suspension of the Thompson Creek mine in December 2014, the volume of molybdenum roasted at Langeloth was around 37 million lb. per year.
https://www.mining.com/centerra-complet ... perations/

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Re: Le Molybdéne

Message par energy_isere » 08 déc. 2024, 10:53

Greenland submits updated EIA for molybdenum project
The updated environmental impact assessment (EIA), authored by WSP Danmark, remains a crucial regulatory requirement for advancing towards production.

December 4, 2024

Canadian mining company Greenland Resources has submitted an updated EIA for the Malmbjerg Molybdenum project in east Greenland.

The Malmbjerg Molybdenum project is an open-pit pure molybdenum (Mo) project situated within Greenland Resources’ exclusive mineral exploration licence MEL 2018/11 in east-central Greenland.

This submission to the Greenland Minerals Licenses and Safety Authority aligns with the new legal provisions under the Mining Act effective from 1 January 2024.

The updated EIA, authored by WSP Danmark, remains a crucial regulatory requirement for advancing towards production.

The EIA highlights that out of 19 environmental impacts assessed, 16 are considered low or very low, while four are medium.

Greenland Resources executive chairman Ruben Shiffman said: “We have invested a great deal of care in the environmental aspects of our mine design.

“While most of the existing mines are old and have large environmental bonds posted with regulators due to more stringent current environmental rules than in the past; offer lower quality product and are far away from the EU (the second-largest Mo and Mg user where EU has no extraction), our project offers high-quality product, a new mine design, no environmental liabilities, and high sustainability with lower CO₂ vs existing mines in a like-minded EU associate country.”

In terms of environmental risks from accidents and natural disasters, all three risks, including tailings disposal, land and freshwater contamination, and sea contamination due to shipping accidents, are assessed as low.

An independent feasibility study on the tailings management facility (TMF) assigns a low dam classification risk in all four areas under the Canadian Dam Association guidelines.

This includes population, environmental and cultural, infrastructure and economics, indicating a low potential for catastrophic scenarios.

The EIA also includes a six-month study on saturated columns testing and water quality predictions for the TMF.

The results predict that supernatant concentrations will remain below water quality guidelines throughout the mine’s life.

Additionally, a prefeasibility study explores renewable energy generation using wind and solar power to meet significant energy needs, contributing to decarbonisation.

The project’s 2024 sustainability report estimates that scope 1 and 2 greenhouse gas emissions are 35% lower in CO₂-equivalent per pound Mo emissions compared with similar mines. This reduction reaches 73% under a renewable energy scenario.

The project secured an earlier exploitation licence in 2009. Tetra Tech completed a NI 43-101 definitive feasibility study in February 2022.
https://www.mining-technology.com/news/ ... t/?cf-view

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Re: Le Molybdéne

Message par energy_isere » 02 mars 2025, 11:38

suite du post au dessus.
Greenland Resources secures molybdenum supply deal with Outokumpu
Greenland will supply molybdenum from its Malmbjerg project in east Greenland.


February 25, 2025

Canadian public mining company Greenland Resources has entered a ten-year offtake agreement with European stainless steel producer Outokumpu to supply molybdenum oxide.

This partnership will provide Outokumpu with approximately eight million pounds (mlb) of molybdenum annually, valued at around $160m (€152.4m) at current market prices, fulfilling nearly half of the company’s yearly requirement.

This partnership not only supports Greenland Resources’ long-term strategy but also facilitates access to capital expenditure (capex) financing, with Outokumpu assisting in the capex arrangements.

Greenland Resources will supply molybdenum oxide and carbon-free briquettes from its Malmbjerg project in Hostakken Mountain in east Greenland to Outokumpu, covering around 25% of Greenland Resources’ production for the first ten years.

Molybdenum is essential in manufacturing speciality stainless steel, and securing its supply is crucial for Outokumpu’s advancement in the materials sector.

Greenland Resources executive chairman Ruben Shiffman said: “We are delighted to partner with Outokumpu with the long-term supply of molybdenum oxide, which at current market prices would represent a value of approximately $1.6bn over ten years.

“This constitutes a critical milestone for our company towards achieving commercial production. The high-quality molybdenum ore and low-emission processing at Malmbjerg are ideally suited to secure long-term supply for Outokumpu’s speciality steel products.”

The initiation of the offtake obligation is contingent upon meeting standard terms and conditions.

Outokumpu chief financial officer Marc-Simon Schaar said: “The cooperation with Greenland Resources allows us to get access to low-emission molybdenum from Greenland, which strengthens our supply chain of critical raw materials and reduces our scope 3 emissions at competitive prices, including a cap and a floor mechanism.

“This further strengthens our long-term raw material availability, complementing our own chrome mine in Finland, and our investment in a junior nickel mine project in Canada.”

The Malmbjerg project, which also contains copper and magnesium, is set to be an open-pit operation designed to minimise environmental impact. It is scheduled to commence commercial production within this decade.

The project’s feasibility study by Tetra Tech in 2022 forecasts a $820m capex with a 33.8% after-tax internal rate of return (IRR) and a payback period of 2.4 years, based on a molybdenum price of $18/lb.

The proven and probable reserves stand at 245 million tonnes (mt) at 0.176% molybdenum disulfide, translating to 571mlb of contained molybdenum metal.

The project is backed by the European Raw Materials Alliance (ERMA), managed by EIT RawMaterials, part of the EU’s EIT.

Greenland Resources signed a letter of intent with Outokumpu in October 2023 to supply molybdenum from its Malmbjerg project.
https://www.mining-technology.com/news/ ... &cf-closed

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Re: Le Molybdéne

Message par energy_isere » 02 mars 2025, 11:58

La dernière fiche USGS du Molybdène : https://pubs.usgs.gov/periodicals/mcs20 ... bdenum.pdf

chiffres en tonnes.

Image

le post de l' an dernier : viewtopic.php?p=2385188#p2385188

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