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Canadian Molybdenum Market Potential

Apr 17, 2023


As the world continues to shift towards renewable energy and sustainable technology, certain metals, like molybdenum are becoming indispensable. Molybdenum plays a crucial role in industrial applications and is highly sought after due to its unique properties.

A silvery-white metallic element with the atomic number 42, molybdenum has a high melting point, excellent electrical and thermal conductivity, and low coefficient of thermal expansion.

Molybdenum is primarily used as an alloying agent in steel, cast iron, and super alloys to enhance hardening ability, strength, toughness, wear, and corrosion resistance. It’s used as a refractory metal in numerous chemical applications including catalysts, lubricants, and pigments.

However, molybdenum is becoming a critical metal in the development of green technology, and Northcliff is working to lead the way with mining this resource for Canada. Its unique properties make it an excellent choice for use in various green technology applications, and both tungsten and molybdenum are listed as critical minerals in Canada.

According to the Government of Canada, Canada is in the fortunate position of possessing significant amounts of many of the world’s most critical minerals, such as tungsten and molybdenum, as well as the workers that know how to scale up our exploration, extraction, processing, manufacturing, and recycling of those minerals.

In this article, we explore three ways that molybdenum is a critical metal in the development of green technology.

  1. High-Temperature Resistance One of the most notable properties of molybdenum is its ability to withstand high temperatures. This makes it an excellent choice for use in applications where heat resistance is essential. For example, molybdenum is used in solar panels, which generate electricity by converting sunlight into energy. Solar panels require materials that can withstand high temperatures, and molybdenum is ideal for this purpose.

  2. Energy-Efficient Lighting In addition to its use in solar panels and wind turbines, molybdenum is used in energy-efficient lighting. Molybdenum is used as a support structure in fluorescent lamps and as a coating on the electrodes of high-intensity discharge lamps. This improves the efficiency and lifespan of the lamps and reduces the amount of energy needed to power them.

  3. Energy Storage

    Molybdenum disulfide (MoS2), a compound made up of molybdenum and sulfur, is being studied as a potential material for high-performance energy storage devices. As the use of electric vehicles becomes more widespread, there will be an increased demand for efficient energy storage solutions. MoS2 has shown promising results in the development of high-performance energy storage devices, making molybdenum even more important in the future of sustainable energy.

Northcliff Resources holds an 88.5% controlling interest in the Sisson Tungsten-Molybdenum Project in New Brunswick, Canada. As the world continues its push towards securing the necessary minerals and metals to power innovation, the Northcliff Sisson Project has the potential to become a near-term critical metal producer, providing a new primary supply of tungsten and molybdenum to North American, European, and Asian markets.

With its unique properties and numerous applications, molybdenum is a critical metal for the production of renewable energy. Northcliff Resources is working to lead the charge in molybdenum mining and is dedicated to sustainable and responsible practices in the industry.

Northcliff is a mineral resource company focused on advancing the feasibility-stage Sisson tungsten-molybdenum project located in New Brunswick, Canada, to production. Additional information on Northcliff is available on the website at

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