Molybdenum & Metal Ore Mining in Canada
Many of the Molybdenum and Metal Ore Mining industry's products are key inputs for steel manufacturers. Thus, as demand and price for steel and other downstream market products fluctuates, so does the industry's financial performance. Recent slowdowns in emerging economies, such as China, have led to satiating demand for steel and other construction materials, leading to falling prices for molybdenum. Seeking profitability and responding to weak orders, miners reduced production. The outlook for the industry over the next five years is positive, as average prices of industry-relevant commodities are expected to increase, albeit with an existential threat of volatility.
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).
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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