Thompson Creek Metals (Blue Pearl Mng)

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interessiert, is nen Streaming Chart, man schont also die F5-Taste...
http://finance.yahoo.com/q?s=BLE.TO

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des üblen Umfeldes von Dax,Dow und Co. GRÜN ins WE..........

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Die Treffen sich heute mit Ian in Toronto. Die Raketen stellen bestimmt die richtigen Fragen, nächste Woche gibt es dann bestimmt einen Bericht.  

Zeit, hier noch etwas zum Moly-Preis....
Ryan\'s Notes Mar. 2/07

Moly Prices Take Off In Europe

Moly prices have taken off in Europe. The US is lagging, but is expected to catch up a bit when more consumers enter the market. Consumer sales of ferromoly were reported in Europe at $72-74 per kg. Some traders claimed to have sold as high as $78. Chinese FeMo prices rose to $66-70 per kg for shipment. Few traders, however, were willing to risk buying for shipment. Prices for Chinese FeMo in Rotterdam were $75 per kg. US FeMo prices were difficult to gauge because there was little consumer business. Intermerchant business, however, was booked at $31 per lb and slightly below $31. Some small quantity consumer sales were done at $29-29.50 per lb. Oxide business was concluded in Europe at $27.50 per lb. Sellers, however, upped their prices to $28-28.50 per lb yesterday. Chinese suppliers were quoting $28.50. In the US, oxide sales were done at much lower levels presumably because there is a little more availability of producer oxide. A truckload sale of oxide was made at $26.25 per lb and a half-truck was sold at $27.25.

SK gestern lt. Yahoo 8.64 :-), bei einem Volumen von 1,064,163 = + 0,10cent :-)))

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ein schönes WE............ und denkt dran, mit -10% gehört unsere Perle noch
zu den *Gewinnern* unter den Rohstoffwerten.................................
anbei noch Rohstoffpreise von Freitag.........................

Sent: Friday, March 02, 2007 6:49 AM
To: Canaccord - Internal Research Distribution
Subject: Morning Commodities Summary - Friday March 2, 2007
Importance: High

Sources: Bloomberg, Briefing.com, Canaccord Adams, Dow Jones, StreetAccount, Ux Weekly, WSJ


Morning Commodities Summary - Friday March 2, 2007

Commodities Table (Figures in USD)

Change Last
Gold COMEX -13.10 652.00/ounce
Crude Oil NYMEX -0.13 61.88/barrel
Natural Gas NYMEX +0.04 7.36/MMBtu
AECO C Hub Spot -0.18 7.10/MMBtu
Heating Oil NYMEX -0.01 1.77/gallon
Silver COMEX -0.33 13.20/ounce
Nickel Spot LME +0.00 20.28/lb
Tin LME 3-month +0.09 6.05/lb
Zinc LME 3-month -0.00 1.58/lb
Lead LME 3-month +0.05 0.87/lb
Coal Big Sandy +0.00 41.50/tonne
Aluminium LME -0.01 1.27/lb
Copper COMEX -0.01 2.74/lb
Uranium Spot +0.00 85.00/lb
Molybdenum Oxide +1.60 28.25/lb breites Grinsenbreites Grinsenbreites Grinsen
Cobalt Spot +2.00 29.50/lb
Titanium Unprocessed +0.00 4.05/lb
Lumber OSB 7x16 -12.50 138.00/1,000 sqft
Corn CBOT -0.07 4.11/bushel
Wheat CBOT -0.09 4.59/bushel
Soybean CBOT -0.02 7.44/bushel
Lean Hogs MERC -0.02 0.66/lb
Sugar MERC +0.15 11.12/lb

Summary

Crude oil is off 13 cents to $61.88pbl (range is 61.58 to 62.40).
Natural Gas is up 4 cents to $7.36mbtu (range is 7.28 to 7.376). Heating
oil is off .33 of a cent to $1.7730/gal and RBOB gas is off .61 of a
penny to $1.9030/gal (yesterday RBOB gas hit levels not seen since 8/25
on early speculation gasoline demand will outweigh supply for the summer
driving season). India may offer as many as 85 oil and gas areas in a
seventh auction of exploration rights, V. K. Sibal, India\'s director
general of hydrocarbons, said. Royal Dutch Shell Plc plans to produce a
new road fuel from wood chips and straw in a joint venture with Choren
Industries, a German biofuel company, the London-based Times said,
citing Ken Fisher, Shell\'s vice- president for strategy...

Very strange to see gold prices under so much pressure this morn
considering the inflow of money into US bonds and a weakening of the
price of the dollar not only vs the yen but against the euro. Gold is
off $13.10 to $652 an ounce on the COMEX. If $650 fails to hold, we see
big support at $637. Copper is off .7 of a cent to $2.7475 a pound on
the COMEX.

Sources: Bloomberg, Briefing.com, Canaccord Adams, Dow Jones,
StreetAccount, Ux Weekly, WSJ
Dank an schnucksche

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- das Sperren dieses Users löst schwere Depressionen bei der Blue Pearl Mannschaft aus -  

meinen depot geht es genauso bescheiden wie mir....habe mir eine grippe eingefangen *schnief*
also heute abend um 23:00 uhr eröffnet sydney,mal sehen wie die den tag beginnen....um 2:24 uhr kommt dann unsere neue leitbörse shanghei *gg*....wenn die rot eröffnen und weiter fallen werden wir um 9:00 in FF schnell wieder die 5,30€ sehen,nur meine meinung ;-)
wenn die roten kurse sich bei den amis nicht in luft auflösen wird es noch nen stückchen weiter nach unten gehen :-/
sollte Ian dann auf der messe nichts neues bringen,sondern nur das bekannte der letzten show,hmm.....sag ich mal lieber nichts zu *gg* glaube dann sehen wir wieder kaufkurse ;-)

das ist aber auch der schlechteste fall der eintretten kann,das genaue gegenteil trift zu wenn shanghai ins plus geht,FF das übernimmt,die amis da weiter machen und Ian eine news raushaut....dann sehen wir vlt. montag abend spätestens aber dienstag tief grüne kurse *gg*
so,dat war nun das wort zum sonntag von meinen krankenbett aus.....bevor ihr mich nun steinigt,bedenkt bitte meinen gesundheitlichen zustand (schnupfen,fieberwahn)*gg*
stay blue and long ;-)

mfg
me




 

 

Jede Grippe geht auch mal vorüber, auch Deine! ;-)
In diesem Sinne,

Strato  

also, ich bein eher optimistisch was den montag angeht.
was auch gut war am freitag, obwohl die märkte weiter nachgegeben haben, konnte blue doch zulegen. und es waren nicht viele die das konnten.

naja, was ja eigentlich auch kein wunder ist. denn wir sollten nicht die einzigen sein die wissen das blue total unterbewertet ist.

und wie chatex ja auch schon schrieb. früher oder später hat sich ein kurs "immer" der fairen bewertung angeglichen. also lassen wir uns überraschen wann das bei blue der fall ist.

in dem sinne bis morgen.

*schnellnochnenteemitrumrüberreich*  

lol  

hier der Pokal. :)  

Kann irgendwie kein Ausstellerverzeichnis finden....

http://www.pdac.ca  

hast schon nen trophäenschrank?

http://pdac.ca/pdac/conv/2007/ie-exchange-forum.html  

Da sieht man wieder mal,wenn das Geschriebene was her gibt,sogar 100 Grüne in einer Woche zu holen sind.
Gratuliere
Fungi  

Hallöchen alter Knabe,schau das du bald wieder Gesund wirst,denn nächste Woche brauchen wir jeden Ruderer an Bord und nicht im Bett!
Wünsche dir baldige Besserung.
Fungi  

hoffe du bist bald wieder aufn Damm, wiiiiiiiiiiiiiir brauchen diiiiiiiich..........
zum Rudern :-)))))))))))))))))))))))))) GUTE bESSERUNG........................
*gehwegvonunsermklausdupöserinfektduerbrauchtdichnichundwilldichn­ich*

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Auch ich möchte Dir gute Besserung wünschen. Sieh zu, daß Du schnell wieder aufm Damm bist.
Dir und allen anderen hier noch einen schönen Abend und bis morgen.

LG, Harley


 

Gute Besserung auch von mir!  

Hab im alten Thread ein posting an RS geschrieben und wehe ich bekomme von der Manschaft keinen Grünen!
Gruß Fungi  

 

Quelle: http://www.stockinterview.com/News/03042007/...ergy-US-pipelines.html

March 4, 2007
By James Finch


Aging Energy Infrastructure Could
Drive Molybdenum Demand Higher LächelnLächelnLächelnLächeln

Corrosion Factor to Keep Molybdenum Price High aufmerksamaufmerksamaufmerksamaufmerksamaufmerksamLächelnLächeln



Corrosion’s impact on a gas pipeline. Courtesy of CC Technologies

As long as air conditioners keep us cool in the summer and central heating warms us in the winter, all is well in the world. In order to keep this gas and electricity continuously flowing into our homes, molybdenum has emerged as an essential metal to help preserve a challenging energy transportation network. The anti-corrosive qualities found in molybdenum could also help prevent the collapse of the U.S. energy infrastructure.

Tucked beneath our streets, farms, deserts and forests lays a multi-million mile network of mostly aging pipelines supplying our energy needs. Meanwhile, hydrogen sulphide, carbon dioxide and common oxygen corrode the energy transportation system we rely upon to fuel our cars and power our computers. Corrosion annually costs the U.S. economy about $276 billion, more than three percent of the GDP, according to Technology Today (Spring 2005).

Unacceptably high percentages of two key energy-providing vehicles, such as nuclear power plants and the U.S. pipeline network, have begun aging beyond their original design life. About half of the nation’s 2.4 million miles of oil and gas pipelines were built in the 1950s and 1960s. And the composition of the liquids flowing through those pipelines has deteriorated over the past half century.

According the U.S. Department of Transportation’s Pipeline and Hazardous Materials Safety Administration (PHMSA) website, “Corrosion is one of the most prevalent causes of pipeline spills or failures. For the period 2002 through 2003, incidents attributable to corrosion have represented 25 percent of the incidents reported to the Office of Pipeline Safety for both Natural Gas Transmission Pipelines and Hazardous Liquid Transmission Pipelines.” Industry sources note corrosion is also a leading cause of pipeline leaks and ruptures.



Corroded Prudhoe Bay Pipeline Rupture


Arctic Temperatures can help accelerate pipeline corrosion. Courtesy of BP.
Corrosion makes each of us vulnerable to price shocks. On August 7th, public awareness about the impact of corroded pipelines in the energy infrastructure registered when prices shot up at the gasoline pump. BP shut down about eight percent of U.S. oil production. The international oil company cited ‘unexpectedly severe corrosion’ in its Alaska oil pipelines. This was the first shutdown ever in America’s biggest oil fields. According to BP, sixteen anomalies were discovered in twelve separate locations on the eastern side of the oil field. Earlier in the year, a pipeline spill was reported from the western side of the field.

Immediately following the corroded pipeline rupture, the industry introduced legislation, hoping to prevent a recurrence. Signed into law in December, the Pipeline, Inspection, Protection and Enforcement and Safety Act, affected low-stress crude oil pipelines, and included provisions for the improved controls and detection of pipeline corrosion. During Senate committee hearings, trade representatives pointed to the Department of Transportation’s Integrity Management program, implemented in 2001 and which was reported to have demonstrated a reduction of leaks and releases resulting from corrosion from high-stress inter-state gas pipelines in ‘high consequence areas.’




Natural Gas Market Centers – U.S. trading and transshipment points. Courtesy of EIA.

Official statistics published by the PHMSA Office of Pipeline Safety disagree. In the twenty-year period of 1986 to 2006, 2883 incidents resulting in 1467 injuries, 349 fatalities and nearly $860 million of property damage were reported by distribution operators at U.S. natural gas pipelines. In the five-year period ending in 2006, 25 percent of the incidents, about 20 percent of the fatalities, nearly 19 percent of the injuries and more than 69 percent of the property damage occurred compared to the previous fifteen years, before legislation was enacted. Similar percentages were reported by natural gas transmission operators.

Faced with aging, out-dated infrastructure, the pipeline industry aimed legislation toward the lowest-cost solution – detection of corrosion and piecemeal pipeline replacement – rather than addressing the separate issues which led to the problem.



Older Pipeline Steels Vulnerable to Corrosion



Pipeline corrosion and pitting are one of the greatest dangers to the U.S. energy infrastructure. Courtesy of CC Technologies.

During its massive build up phase, U.S. pipeline infrastructure relied upon carbon and low-alloy steels for natural gas and petroleum transportation. As oil fields have aged, the risk of pipeline corrosion and pitting has increased. The Prudhoe Bay oilfield now produces more water than oil. This is a common occurrence in numerous U.S. oil fields and around the globe.

In the absence of water, hydrogen sulphide is non-corrosive to pipelines. However, increased moisture in pipelines is problematic, because it activates the corrosive capabilities of hydrogen sulphide. A combination of tensile stress, susceptibility of low-alloy steels and chemical corrosion will lead to sulfide stress cracking. Hydrogen ions weaken the steel. Over time, pressure causes the embrittled steel in the pipeline to rupture.

Similar problems have emerged in the natural gas sector. As deeper wells are drilled in hot, high-pressure gas deposits, the probability of hydrogen sulphide in gas can increase. An entire industry has sprung up around decontaminating sour gas. U.S. sulfur production from gas processing plants accounts for about 15 percent of the total U.S. production of sulfur.

Sour gas is a naturally occurring gas containing more than one per cent hydrogen sulphide (H2S) and sometimes above 25 percent. It is typically identifiable by a strong ‘rotten eggs’ smell. Commonly found in the foothills of western Canada’s Rocky Mountain region, sour gas comprises more than one-third of the gas produced in Alberta. It is ‘sweetened’ at more than 200 plants in this province to bring the gas up to pipeline quality.

The one-to-two percent of the H2S remaining in the gas is considered pipeline quality. But the interaction of the hydrogen sulphide with water can accelerate the pipeline corrosion process. Potentially, the combination of the old gas pipeline material and the rise of sour gas could pose the greatest risk to gas pipeline safety. Molybdenum is crucial in defending against hydrogen sulfide environments as reported in a metallurgical journal study and published by the Defense Technical Information Center.



High Strength Low Alloy Steels


Large diameter pipelines transporting natural gas require high strength low alloy steels with substantial quantities of molybdenum. Courtesy of International Molybdenum Association (IMOA).
Long running cracks, some stretching more than six miles, first began fracturing gas pipelines in the 1960s. The industry’s solution was the development of, and encouragement to use, High Strength Low Alloy (HSLA) steels. Older pipelines, built in the 1920s (or earlier), of 500mm or less, could only handle an operating pressure of about 20 bar. Annual capacity of gas transportation for those pipelines stood at about 650 million or less. Because of today’s high energy content of compressed gas at 80 to 100 bar and an annual transportation capacity of 26,000 million or more, pipelines require modern HSLA steel to prevent brittle fracture behavior or ductile cracks.

HSLA steels capable of building large diameter pipes came about from the introduction of the thermomechanical rolling process in the 1970s, which maximized grain refinement. By increasing the strength of the steels, one could sustain the high operating pressure and reduce the wall thickness of the pipe. Steel manufacturers could use less steel, reduce the pipe weight and double the yield strength. Transportation costs from plate and pipe mills to construction sites were also reduced. Delivering a lighter-weight pipe to remote or arctic areas became more economical.

Steel is vulnerable to acids and is generally stable with pH values above 7. Acidity-causing corrosion comes about when magnesium and calcium are hydrolytically converted to form hydrochloric acid. Hydrogen sulphide and carbon dioxide are also acid-forming gases corroding steel. Molybdenum’s corrosive-resistant properties has grown beyond its original scope in manufacturing modern steel, which was to harden steel.

Initially, molybdenum was included to harden steel and increase weldability, while reducing the carbon content previously utilized. Higher toughness, but lower tensile strength, was required. By adding molybdenum in the range of 0.15 to 0.30 percent, depending upon the pipe wall’s thickness, carbon content in the steel could be reduced to 0.07 percent. The metal has played a key factor in oil and gas development projects as pipes continue being used in arctic, sour and sub-sea environments. Apparently, the more rugged the climate, the better the more recent gas projects have panned out. One example would be the Sakhalin oil and gas project in Russia’s Far East, where on- and off-shore pipelines in excess of 1,000 miles would transport some of the world’s largest natural gas reserves.

Steels for natural gas pipelines require higher standards than those used for oil. These pipelines must carry compressed gas at minus 25 degrees centigrade to minus 4 degrees centigrade. Crack growth and brittleness intensify in the severe arctic environment. Achieving low-temperature notch toughness, grain size control, and low sulfur content were some of the problems solved while developing this modern steel.

Since the 1970s, more than two million tons of molybdenum-containing HSLA steels for pipelines were manufactured. We checked with the world’s largest pipeline manufacturer Tenaris (NYSE: TS), which offers steel with high resistance to Sulphide Stress Corrosion Cracking (SSCC), to confirm continued interest in molybdenum. In a phone call to the company’s Houston office, we discovered the company had purchased $65 million of ferromolybdenum in the six-month period ending January 31, 2007 for use in its new pipeline steels. As an aside, the company representative, having checked with company’s central purchasing ‘sister company’ in Argentina, pointed to the rising cost of ferromolybdenum and anticipated paying $80 kg in the coming year. (This could help explain why the moly price has remained high through 2006 and could rise higher in 2007.)



Pipeline Projects on the Horizon Confirm Moly Demand
We talked with Rita Tubbs, managing editor of Pipeline and Gas Journal (P&GJ), about molybdenum content to be used in the construction of gas pipelines outside of the United States. “Most will adhere to the standards used in North America,” she told us. According to Adanac Molybdenum Corp consultant, Ken Reser, the new standard has grown to 0.5 percent moly content.

In a December 2006 worldwide pipeline construction survey, compiled by Rita Tubbs, she observed “81,593 miles of new and planned oil and gas pipelines under construction and planned.” She pointed out North American pipeline construction plans nearly doubled to 28,314 miles. In these figures, Tubbs spotlighted Canadian activity, which is expected to increase overall North American pipeline construction mileage. She wrote, “By 2008, contractors expect to see a workload that has not been seen in Canada for nearly three decades.”

Tubbs explained in her report, “Much of the activity will be generated by the massive oil production that will come from the oil sands in northern Alberta which contain the largest deposits of hydrocarbons on earth. Terasen and Enbridge plan to move oil sands by pipeline.” Molybdenum is likely to play a vital role in pipelines carrying the material, which is a mixture of sand bitumen and water – with high sulphur content.

An unexpected addition to the P&GJ report came on February 26th. Shanghai Daily newspaper reported a boom for China’s energy pipelines. The world’s most populous country plans to add another 15,000 miles of oil and gas pipelines to its existing infrastructure of 24,000 miles by 2010. In three years, the country hopes to extend its mileage by nearly 63 percent as China races to raise its energy mix for gas to 10 percent.

Perhaps the greatest number of new pipeline growth will occur in the United States – the world’s largest energy consumer. By 2025 EIA expects the US will need 47 percent more oil and 54 percent more natural gas. To transport this energy, transmission and distribution line mileage is expect to increase by approximately 30 percent. This implies pipeline projects on the order of some 600,000 miles.

Whether this would include the nearly one million pipeline miles sorely in need of replacement since the introduction of molybdenum in the 1970s to the steel in pipes is not known. However, whether one calculates the number of new pipeline miles potentially constructed or the number of replacement pipeline miles, one arrives at a staggering quantity of molybdenum required to more strongly protect the steel from Future corrosion.

Depending upon the diameter of the pipe, wall thickness and environment, each pipeline mile could require between 600 and 1000 pounds of molybdenum. About one-half of the U.S. oil and gas pipeline network could call for replacement. In the United States alone, and solely to upgrade the out-dated portion of America’s pipelines, more than 300 million and as many as one billion pounds of molybdenum could potentially be required. While this should be considered a speculative extrapolation, based upon available data, it may not be that far off the mark. Pipelines aged more than thirty or forty years could very well be replaced before 2020. Chemical changes in the material passing through U.S. pipelines could accelerate pipeline corrosion. Based upon future natural gas incidents, future legislation could hasten the remediation process of America’s energy transportation infrastructure.

By comparison, the number of new pipeline constructions now on the books might require between 50 and 100 million pounds. This could be upwardly revised as the rest of the world, especially Russia and Europe, suffer from the similar aging pipeline problems found in the United States.



Molybdenum: Old and New Infrastructure


Type 316L piping at the Minneapolis Water Works membrane filtration plant. Courtesy of Dale A. Folen, City of Minneapolis and the International Molybdenum Association.
It’s not just new and replacement pipelines, which might create an avalanche of demand for the silvery metal. Molybdenum’s applications are wide, diverse and expanding. The metal is used in paint pigments, lubricants, catalysts and prosthetic legs; the radioisotope Molybdenum-99 is used in cancer treatment. Six-percent molybdenum is also used in stainless steel (S31254) for higher pressure piping in more than 30 desalination plants (sea water reverse osmosis) now operating in ten countries. As abrupt climate change impacts fresh water supplies, a great demand for desalination plants could emerge.

Because of the nuclear energy renaissance, condensers in the hundreds of planned and proposed nuclear power plants may need up to one million meters of four- to six-percent molybdenum stainless steel. The number of power plants under construction, planned or proposed rises weekly or monthly, and now approaches nearly 300. Aging U.S. reactors could require replacement over the next two decades. About 30 new reactors are in various stages of being moved forward in the United States. Not all will be of the size requiring a vast quantity of molybdenum, but sufficient growth in the nuclear sector should firm demand for the metal.

According to a recent article published by IMOA, “Molybdenum containing alloy sales for FGD applications are booming.” The U.S. Clean Air Interstate Rule (CAIR) set a deadline of 2010 for many coal-fired power plants to install FGD, or Flue Gas Desulfurization, systems. Basically, there are air pollution systems, which remove acid-causing sulfur dioxide from the exhaust gases of coal-fired electrical plants.

The nickel-based Alloy C-276, which includes 16 percent molybdenum, is a corrosive-resistant component in piping and component upgrades in Flue Gas Desulfurization (FGD) systems. During 2006, it was estimated more than $1 billion was spent on molybdenum bearing alloy. IMOA believes that FGD systems could rack up $168 billion in worldwide sales between 2006 and 2020, of which about $15 billion would be used for moly-bearing alloys. This assumes two-thirds of the world’s coal-fired generators install the FGD systems by 2020.

On the books, the U.S., China and India propose to build another 800 coal-fired power plants to meet energy needs before 2020. New plants would likely require the FGD systems, which could potentially increase the amount of molybdenum necessitated in the alloy-making process. As energy needs grow, more molybdenum production will be required to bring about increased energy production.

Molybdenum has corrosive resistance to many acids – such as sulfuric, hydrochloric, hydrofluoric and many organic acids. Because its melting point exceeds 4700 degrees Fahrenheit, molybdenum acts as a strengthener in the turbine blades and discs of jet engines. It is because of these factors that higher molybdenum percentages may provide the world’s first line of defense against pipeline corrosion in conjunction with the new generation of corrosion inhibitors.



Will There Be Sufficient Molybdenum Mined to Meet the Increased Energy Demand?


Molybdenum demand and price from 1990 to 2005. Courtesy of IMOA

Blue Pearl Mining executive chairman Ian McDonald recently reported that molybdenum prices should remain strong for a “number of years to come.” He cited increased demand and cited underinvestment in the molybdenum sector for a lengthy period. It also costs a fortune to build a new mine – some $500 to $700 million, according to McDonald. “It’s kind of a risky proposition for a commodity you can’t sell forward.”

In spite of the potential hazards – financial, environmental or otherwise, the current climate could provide a lucrative proposition for molybdenum mining companies. McDonald’s company forecasts annual demand by 2020 to surpass the 700 million pound level. This is more than double the amount of molybdenum mined just a few years ago, when the industry was in the pits and primary molybdenum projects were not economically feasible.

The biggest threat to the molybdenum mining industry is ‘price vulnerability,’ which Adanac Molybdenum Corp executive chairman Larry Reaugh warned us in a recent interview. This may help explain why some of the emerging moly mining participants walk on eggshells over the weekly blips on the commodity’s price chart. (The molybdenum price was last trading on March 2nd at $28.25/pound.)

Despite the rising molybdenum price, now stabilized above US$20/pound, so few realistic molybdenum mining projects appear on the horizon. Many of the junior molybdenum miners fret about price vulnerability and the re-appearance of the behemoth Phelps Dodge Climax molybdenum mine in Nevada by 2009.

One small-scale imminent Canadian molybdenum miner isn’t fazed by the anticipated molybdenum production coming into the market by 2009. His company plans to plow back cash flow after mining operations commence this spring, in hopes of expanding his molybdenum deposit in British Columbia, Canada. “We are going to move forward with further exploration as we mine the Max molybdenum deposit,” said Scott Broughton, chief executive of Roca Mines. As are some of the other near-term primary molybdenum producers, Broughton is bullish on the metal’s price.

According to the January 2007 issue of the IMOA newsletter, the following table represents some of the new primary molybdenum mine projects.
Company/Project Country Announced
Annual Capacity
in Million Pounds Status Start Date
Roca Mines/Max Moly Canada 2.5 to 3 Under Construction Spring 2007
Blue Pearl/Davidson LächelnLächelnLächeln Canada 5 to 10 Feasibility End 2007
Moly Mines/Spinifex Ridge Australia 20 Feasibility End 2008
Adanac/Ruby Creek Canada 12-15 Being Permitted 2009
Phelps Dodge/Climax USA 20 to 30 Conditionally Approved 2009
Idaho General/Mt. Hope USA 35 Being Permitted 2009

In a previous article, we reported University of Montana’s Professor Courtney Young’s remarks, “The public doesn’t know where their energy comes from.” We’ll add to his comments – very few Americans know how this energy is transported into their homes, or how great a risk they have of being left out in the cold

(Editor’s Note: Special thanks should go to Adanac consultant Ken Reser and Roca Mines corporate development manager Doug Fosbrooke in providing strong research assistance in compiling this report.)
WEBSITES and Trading Symbols of companies mentioned in this feature:
Adanac Molybdenum Corporation TSX: AUA www.adanacmoly.com
Blue Pearl Mining TSX: BLE www.bluepearl.ca
Idaho General Mines AMEX: GMO www.idahogeneralmines.com
Moly Mines TSX: MOL www1.molymines.com
Phelps Dodge NYSE: PD www.phelpsdodge.com
Roca Mines Inc. TSX: ROK www.rocamines.com
Tenaris SA NYSE: TS www.tenaris.com


 

und wechsle die Glotze. ;-)
MfG,  Strato  

von schnucksche
Hallo,

ich kann die Befürchtungen mancher über mittelfristige (Moly)-Kursrückgänge absolut nicht nachvollziehen. Möglicherweise sind diese für die nächsten 10 Tage korrekt. Ich leite aber u.a. aus den nachfolgenden Artikeln in Bezug auf Moly für die Jahre 2007 ff das von mir beschrieben Szenario ab. Ich denke, das wird den Kurs in die Regionen bringen, die man als fair bezeichnen kann. Ein hierfür wesentlicher Faktor ist und bleibt China!


China und Molybdän:
Eine Besonderheit ergibt sich bei der Versorgungslage mit dem für die Edelstahlindustrie wichtigen Legierungsrohstoff Molybdän. Nach der Verhängung eines hohen Anti-Dumpingzolls der EU 15 auf die Einfuhren von Ferromolybdän aus China dürfte es auch in den Beitrittsländern nach der Erweiterung zu Versorgungsproblemen kommen. Die dortigen Edelstahlwerke werden gezwungen sein, ihren Moly-bedarf verstärkt auf dem bereits sehr engen EU-Markt zu decken. Das wird zu einer weiteren Wettbewerbsverschärfung führen, der die hohen Preise weiter nach oben treiben dürfte.

China gehört zu den Ländern mit einer großen Nachfrage nach Molybdän. Auf dem dortigen Markt spielen Stahlanwendungen eine große Rolle. Insgesamt drei Viertel des Molybdäns werden für die verschiedenen Stahlsorten benötigt. Es härtet Stahl und wird deshalb gerne als Legierungszusatz verwendet. Allein die Verwendung für Edelstahlsorten schluckt 23 % des Molybdäns. So wächst mit dem vermehrten Einsatz von Stahl auch der Bedarf an Molybdän. Dass die Nachfrage nach Stahl und damit Molybdän aus China bald abebben könnte, erscheint uns momentan recht unwahrscheinlich. China wächst zwar enorm, aber absolut gesehen macht Chinas Stahlverbrauch pro Kopf nur einen Bruchteil dessen aus, was höher entwickeltere asiatische und nichtasiatische Länder benötigen.
Auch die Katalyseanwendungen sind ein schnell wachsender Sektor. Hier geht es um den chemischen Gebrauch für die Reinigung von Öl, für Öl- und Gasquellen sowie für Teersande. Molybdän wird für schweres Öl und jegliche Kohleverflüssigung benötigt, um den Schwefel zu entfernen und das Endprodukt zu reinigen. Lieferungen aus reinen Molybdänvorkommen werden in den Bereichen der Katalysatoren, der Klebstoffe und der Pigmente benötigt. Die Nachfrager aus dem Segment der Katalysatoren können das Kupfer aus Koppelproduktion nicht gebrauchen und wollen die Kupferverunreinigungen vermeiden. Spezielle Händler befürchten eine mögliche Verknappung des reinen Molybdäns. Die Nachfrage nach Molybdän wird nicht nur durch Upstream-Aktivitäten im Ölsektor mit Bohrungen und Förderplattformen beeinflusst, sondern auch Downstream, mit dem Bau von Ölpipelines und Hochdruckgaspipelines. Für all diese Anwendungen wird Molybdän benötigt. Die gerade genehmigte Pipeline von Alaska nach Chicago verschlingt vielleicht 50 Mio. Pfund Molybdän. Über 80.000 Meilen neue Pipelines sind geplant.
Der Molybdänpreis lag 2002 noch bei 3 bis 5 USD pro Pfund. Auch wenn der Preis des Elements zwischenzeitlich auf über 40 USD hochschnellte sind die heutigen 26 USD pro Pfund Molybdän immer noch ein Vielfaches des Tiefstpreises von vor vier Jahren.
Molybdänproduktion hinkt hinterher
Die Nachfrage nach Molybdän ist in den Jahren 2002 bis 2005 von 280 Mio. auf 400 Mio. Pfund angewachsen. Und offensichtlich gibt es auch in den folgenden Jahren eine weitere Steigerung der Nachfrage. Die auf Metalle spezialisierte Researchgruppe CRU aus London sagt bis 2009 eine Fehlmenge von 6 bis 26 Mio. Pfund voraus. Dabei könnte es sich um recht konservative Schätzungen handeln. Seit Jahrzehnten entstehen keine großen neuen Molybdänproduzenten mehr. Die Mine Endako liefert seit 40 Jahren, Thompson Creek ähnlich lange und Henderson auch schon 30 Jahre. Aber die Laufzeiten dieser großen Minen nähern sich dem Ende. Die Produktion von Molybdän stammte 2004 zu je 28 % aus den USA und Chile sowie zu 19 % aus China. Kanada spielte mit einem Anteil von 6 % eine eher untergeordnete Rolle.
Einige neue Lieferungen stammen aus der Koppelproduktion von Kupferlagerstätten. Nordamerika könnte mit neuen Lagerstätten in Kanada eine Spitzenposition einnehmen, auch weil es derzeit noch keine größeren Molybdänmengen durch neue Lagerstätten gibt. Molybdän wurde lange Zeit recht stark von Phelps Dodge mit der Henderson-Mine kontrolliert.  

auch von mir gute Besserung. Hab den Mist gerade hinter mir. Hoffe, dass wir nächste Woche so schöne Blue-Kurse sehen werden, dass Deine Viren keine Chance mehr gegen "gute Laune" haben. Lese hier seit 9 Monaten täglich mit. Bin auch investiert. Hier ist es richtig nett!!!!!!!!!!bei euch fühle ich mich wohl. Hat ja auch keiner rote Strümpfchen an.
Gruß
rekiwi