PIONEERING
FUTURE

Resoruce
Development

IR Inquiries

+82-2-3497-9200

OPEN AM 09:00 ~ CLOSE PM 06:00

Lunch time: 12:00~13:00
Closed on weekends and holidays

location

Home > Resource Development > Molybdenum

Molybdenum

Molybdenum trioxide (MoO₃) powder

Alloying element for key steel products including stainless steel and
   heat-resistant steel, etc.
Catalyst in petroleum chemical industry

Molybdenum Alloy

High-temperature structural material used in missile and airplane, etc.
High-temperature electrical material used in filament support, electric
   furnace and electrode

Domestic consumption of molybdenum used for a wide range of applications in Korea is approximately 20,000 tons per annum, most of which rely on importation. In particular, its export is being strictly regulated in line with the policy of China on regulation of rare earth resources in recent years. Accordingly, Korea is having difficulties in securing a stable supply of molybdenum.

Therefore, our company is concurrently pursuing overseas mine development projects and processing business in Korea for molybdenum, a mineral that plays the role of salt for a wide range of key industries at home and abroad.

Currently, our company is making direct purchases at the overseas mining sites and processing them in Korea to supply them to our customers in Korea. Moreover, we are pursuing direct development of the molybdenum mine in the Janchiscocha mining district in Peru. If we were able to manufacture the processed molybdenum products in full scale through the development of the local mines in Peru, we would not only be able to supply molybdenum at more competitive prices but also increasingly expand our market shares at home and abroad.
Local mine and work site in Peru
Download Brochure Resource Development
109, Daemyeonghang-ro 403beon-gil, Daegot-myeon, Gimpo-si, Gyeonggi-do, Korea
TEL : +82-31-997-6181  FAX: +82-31-997-0958

COPYRIGHT 2014 BY KORID INC. ALL RIGHTS RESERVED.

GO