Strong Demand and New Markets Benefit Molybdenum
Molybdenum's main use is in high strength steel alloys. These alloys are used in numerous applications from large scale construction projects, the automotive sector and the energy sector. Molybdenum is irreplaceable due to its ability to reduce corrosion as well as its unique ability for high heat applications. These factors make molybdenum essential in energy projects around the world from nuclear power to renewable energy projects.
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