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Molybdenum & Metal Ore Mining in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Molybdenum & Metal Ore Mining Market Research Report | NAICS 21229 | Nov 2016

Mineral wealth: Demand will continue improving as industrial production increases

IBISWorld’s Molybdenum & Metal Ore Mining market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$2bn
Annual Growth 11-16
-11.5%
Annual Growth 16-21
Annual Growth
Profit
Profit
Employment
3,605
Businesses
50
Industry Threats & Opportunities
  • As the global economy improved, automobile and construction activity boosted demand for industry products
  • As demand for automobiles recovered, palladium has experienced particularly strong growth
  • Industry operators indicate that production levels will remain steady in the coming five years
  • ... purchase to read more

Industry Analysis & Industry Trends

In the five years to 2016, revenue for the Molybdenum and Metal Ore Mining industry expected to fall, dragged down by a double-digit drop in revenue in 2015 due to sharply falling molybdenum prices. This annualized rate hides major fluctuations that occurred during the five-year period. As the global economy improved, the automobile sector and construction activity boosted demand for industry products. Construction activity and steel production in emerging economies supported demand for molybdenum exports through much of the period, prior to the major slowdown. In recent years, copper miners have started to produce molybdenum as a by-product of their copper operations, which has led to global oversupply and a collapse in prices for the metal... ... purchase to read more

Industry Report - Starting a New Business Chapter

Barriers to entry into the Molybdenum and Metal Ore Mining industry are high. Large amounts of capital are required to undertake exploration programs, fund mine development, establish a new mine or acquire existing operations. For example, Freeport-McMoRan, the largest industry player, estimates the capital cost associated with putting the shuttered Climax molybdenum mine back into production to be about $700.0 million. Additionally, there are limited resource locations in the industry, evidenced by the small number of industry establishments. In the United States, molybdenum is produced as a primary product at only four mines and as a by-product at other mines.

.. ... purchase to read more

Additional Insights for the Molybdenum & Metal Ore Mining Industry

IBISWorld identifies 250 Key Success Factors for a business.The most important for the Molybdenum & Metal Ore Mining Industry are

  • Availability of resource
  • Effective cost controls
  • Ability to forward sell production when appropriate
  • IBISWorld analysts also discuss how external factors such as World price of molybdenum and World price of platinum in the Molybdenum & Metal Ore Mining industry impact industry performance... purchase to read more

     


    Industry ProductsRelated Reports

    What is the Molybdenum & Metal Ore Mining Industry?

    Companies in this industry mine molybdenum, platinum, palladium, beryllium, uranium and a range of other nonferrous metal-bearing ores (excluding gold, silver, copper, nickel, lead and zinc ores).

    Industry Products
    MolybdenumPlatinum group metalsUraniumOther metal bearing ores including vanadium
     
    Industry Activities
    Uranium, radium and vanadium ore mining and beneficiatingPlatinum mining and beneficiatingPalladium mining and beneficiatingBeryllium ore mining and beneficiatingMolybdenum ore mining and beneficiatingOther metal ore mining and beneficiating (excluding iron ore, gold and silver, and major base metals)


    Table of Contents
    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • World price of molybdenum
  • World price of platinum
  • Industrial production index
  • World price of uranium
  • Trade-weighted index
  • Current Performance
  • Commodity price volatility
  • Platinum demand strengthens
  • Uranium demand subsides
  • Profiting volatility due to by-products
  • Chart: Revenue Growth
  • Industry Outlook
  • Steady production and price growth
  • Profit
  • Various metal production
  • Table: Molybdenum & Metal Ore Mining Industry Revenue Outlook
  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Molybdenum & Metal Ore Mining Industry Lifecycle vs The Economy
  • Products & Markets
    Supply Chains
  • Key Buying Industries
  • Brand Name Pharmaceutical Manufacturing
  • Generic Pharmaceutical Manufacturing
  • Iron & Steel Manufacturing
  • Copper Rolling, Drawing & Extruding
  • Computer Manufacturing
  • Computer Peripheral Manufacturing
  • Automobile Engine & Parts Manufacturing
  • Jewelry Manufacturing
  • Nuclear Power
  • Key Selling Industries
  • Coal & Natural Gas Power
  • Explosives Manufacturing
  • Hydroelectric Power
  • Nuclear Power
  • Petroleum Refining
  • Products & Services
  • Molybdenum
  • Platinum group metals
  • Uranium
  • Other metal bearing ores including vanadium
  • Chart: Molybdenum & Metal Ore Mining Industry Products and Services Segmentation
  • Demand Determinants
    Major Markets
  • Exports
  • Iron and steel manufacturers
  • Automobile parts manufacturers
  • Chemical manufacturers
  • Others
  • Utilities sector
  • Chart: Major Market Segmentation for the Molybdenum & Metal Ore Mining Industry
  • International Trade
    Business Locations
  • Chart: Business Locations by State
  • Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Chart: Cost Structure Benchmarking – Sector vs Molybdenum & Metal Ore Mining
  • Basis of Competition
  • Internal competition
  • External competition
  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Molybdenum & Metal Ore Mining Industry
  • Industry Globalization
    Major Companies
    Stillwater Mining Company
    Freeport-McMoRan Copper & Gold Inc.
    Rio Tinto Group
    Cameco Corporation
  • Table: Stillwater Mining Company - financial performance
  • Table: Freeport-McMoRan Copper & Gold Inc. - financial performance
  • Table: Rio Tinto Group - financial performance
  • Table: Cameco Corporation - financial performance
  • Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Molybdenum & Metal Ore Mining Industry
  • Chart: Tools of the Trade: Growth Strategies for Success
  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth
  • Regulation & Policy
    Industry Assistance
    Key Statistics
  • Table: Industry Data for the Molybdenum & Metal Ore Mining Industry
  • Includes:
  • Industry Revenue (2007-2021)
  • Industry Gross Product (2007-2021)
  • Establishments (2007-2021)
  • Businesses (2007-2021)
  • Employment (2007-2021)
  • Exports (2007-2021)
  • Imports (2007-2021)
  • Wages (2007-2021)
  • Price of Molybdenum (2007-2021)
  • Table: Annual Percentage Change for Key Industry Data
  • Table: Key Ratios for Industry Key Data
  • Table: Industry Financial Ratios
  • Jargon & Glossary
    Cannibalization
  • A business process whereby engaging in one activity necessarily eats into another activity or practice. Cannibalization can take place within a company, between businesses, or across industries.
  • Concentrate
  • A very fine, powder-like product containing the valuable ore mineral from which most of the waste mineral has been eliminated.
  • In Situ Leaching
  • A process that involves dissolving uranium in the ground. The uranium solution is then pumped out for processing.
  • Open-Cut Mining
  • A type of surface excavation in the form of an inverted cone; the shape of the mine opening varies with the shape of the mineral deposit.
  • Roasting
  • A process by which MoS2 concentrate is converted into roasted molybdenite (MoO3) concentrate, which typically contains a minimum of 57% molybdenum, and less than 0.1% sulfur.
  • Yellowcake
  • Also known as uranium oxide, it is used to produce fuel for nuclear electric power generation.

  • Why Buy this Report?
    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Molybdenum & Metal Ore Mining:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Molybdenum & Metal Ore Mining market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Molybdenum & Metal Ore Mining, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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