【Flash | US July Molybdenum Shipments Outpace Production as Output Rises YoY】

Published: Oct 01, 2026 10:49 (GMT+8)

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USGS reported US molybdenum concentrate production of 3,390 tonnes of contained molybdenum in July 2026, down 2.6% MoM but up 6.3% YoY. Jan–Jul output totaled 24,300 tonnes, up about 4.2% based on monthly data. July shipments reached 3,730 tonnes, up 4.8% MoM and 17.7% YoY, while YTD shipments rose about 5.7% to 24,600 tonnes. Shipments exceeded monthly output by about 340 tonnes. USGS notes that shipments include domestic sales, exports and transfers to company plants, while some Freeport-McMoRan data are monthly estimates derived from quarterly or annual disclosures.

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