Our history

1936

1936

First steps

Carburo y Metalurgia S.A. is founded by Antonio Gianoli and George Mustakis.

1964

1964

First roasting furnace

Ciro Gianoli and Constantino Mustakis, sons of the founders of Carburo y Metalurgia S.A., started planning how to add value to molybdenum produced in Chile; in order to do so, they installed the first roasting furnace which will then be owned by Molymet.

1975

1975

Molymet is founded

The company was founded upon the division of Carburo y Metalurgia S.A., taking its business activity consisting in the production and sale of molybdenum oxide, ferromolybdenum and byproducts.

1994

1994

Molymet went international

Molymet started its globalization process thanks to the acquisition of a plant in Mexico which gave rise to Molymex.

2001

2001

Molymet’s first foray into Europe

Molymet debuted in the European production market by acquiring Molymet Germany, the plant where metallic molybdenum is mainly elaborated.

2003

2003

Expanding the boundaries in Europe

Molymet acquired 100% of the shares of Sadaci (Belgium), thus increasing its roasting capacity by 30%.

2008

2008

One single north

Molynor S.A. Industrial Complex was founded in Mejillones, thus constituting the second industrial facility of the company in Chile.

2010

2010

Molynor’s commissioning

Molynor started operating. Molymet also acquired 50% of the Company Luoyang Hi-Tech Molybdenum & Tungsten Material Co. Ltd. in China this year in order to elaborate molybdenum metal components.

2014

2014

Molymet’s corporate building, a sustainability referent

Molymet’s corporate building, which was planned, designed and built following “green building” guidelines and principles, includes every technological element required for an effective energy control and low impact on the environment. The company’s corporate building was awarded the Platinum LEED Certification (Leadership in Energy & Environmental Design), the most challenging certification on environmental issues, land the first obtained in Chile and South America.

2016

2016

Increasing Sadaci Roasting Capacity (Belgium)

The expansion process of the Belgian subsidiary Sadaci was completed, thus increasing the group’s production capacity of molybdenum Oxide to 207 MM pounds.

2017

2017

Pure products (Belgium)

The project to build new plant to elaborate Pure Products in Sadaci was launched, with a foreseen investment of USD 44 million. This plant was aimed at producing products with a higher added value and at providing more flexibility to the processing of molybdenum concentrates to our customers.

2019

2019

At the environmental and sustainability forefront

The modernization project applicable to MolymetNos’s gas cleaning system was approved, with an investment of USD 50 million. The aim of this project was voluntarily reducing MolymetNos’s sulfur dioxide (SO2) emissions.

2020

2020

Molymet unifies operating brands worldwide

In 2020, the Molymet brand was consolidated worldwide, whose process meant changing the names of our subsidiaries in Belgium and Germany, renaming them Molymet Belgium and Molymet Germany.

2020

2020

launch of the purpose and new Brand

“To create value for the evolution of humanity, through products developed by people who think about the well-being of the planet” More than 300 company collaborators participated in the construction of the purpose, allowing the consolidation of a strategic and sustainable vision in all its development areas.

2021

2021

2021 Molymet allocates 123 hectares in San Bernardo to environmental conservation

Through a Real Right of Environmental Conservation, Molymet allocates 123 hectares of land for its preservation, which make up a cordon and green lung in the urban area of Nos, in San Bernardo.

2021

2021

Start of Modernization MolymetNos

Project to renew the gas cleaning system of the subsidiary MolymetNos, considering the importance of environmental issues associated with sustainable development, the increase in neighboring urbanizations, and our external stakeholders.

2022

2022

Installation of Photovoltaic Panels in the Research and Development Building

Through the installation of photovoltaic panels on the roof of the Research and Development Building, we reduced the total electricity consumption generated by the building by 70%. In this way we achieved a great step in terms of Sustainability and reinforced our commitment to the care and protection of the environment.

2022

2022

Awarded for our Operational Excellence

The KAIZEN™ awards Chile program, which evaluates the performance of different companies in terms of innovation and obtained results, awarded to our subsidiary MolymetNos with the first place in the Operational Excellence category in the Metals sector.

2022

2022

Positioning as one of the most innovative companies in Mexico

Great Culture to Innovate, a firm dedicated to the analysis of psychosocial phenomena and the transformation of organizations and communities, recognized us as one of the most innovative companies in the North American country.

2022

2022

Recognized for our relationship with communities

The Association of Chemical Industrialists of Chile recognized our subsidiary MolymetNos for its "Relationship with communities and response to emergencies", with the Responsible Care 2022 award. This thanks to the project: "Comprehensive management of water resources with the community: Implementation of the program of education, awareness and cleaning of ditches and canals in the commune of San Bernardo.”

2023

2023

Inauguration of the Windmill in Molymet Belgium

This project, in cooperation with the installation of photovoltaic panels in our Corporate Building, meant a 17% increase in the use of renewable electrical energy at Molymet, reaching a total of 72%. In this way, we surpassed the commitment that we had proposed to use 60% renewable energy in our operations and positioned ourselves above the industry average.

2023

2023

Awarded in the Mining Industry in Chile

The Institute of Mining Engineers of Chile (Instituto de Ingenieros en Minas de Chile), known as IIMCh in Spanish, during its 72nd annual convention has honored us for our contribution to the mining industry by giving us the José Tomás Urmeneta award. As a company that wants to create value for humanity, this recognition fills us with pride, because we understand how essential it is to enhance the growth of the country in its sustainability, economic and technological development.

2023

2023

Launch of our DEI (Diversity, Equity and Inclusion) Policy

In June, to achieve our goal of equal treatment and opportunities, we decided to implement a DE&I policy based on equal treatment and opportunities to guarantee an equal work environment free of discrimination taken by our company and subsidiaries.

2023

2023

Molymet Scholarship alongside the Universidad de Los Andes in Chile

Together with the Universidad de Los Andes, to ensure that we add value to the communities, we created the “Molymet Scholarship” (Beca Molymet), an university scholarship meant to be seen as a social support and intended to benefit and finance the career of young people who reside in the communes of San Bernardo, Mejillones and Antofagasta in Chile.

2023

2023

Molymex: Inauguration of Innovation Center (Mexico)

Inaugurated on October 25 by our Vice President of Operations America, Edgar Pape, this new center in Mexico will be a space for collaboration and an epicenter of initiatives so that ideas become solutions to help us have an impact on our purpose.

2023

2023

Alliance with the Mejillones Hospital Clasroom of the Universidad de Antofagasta

This project, in pursuit of the well-being of our community, aims to conduct evaluations and care for the children of the Mejillones Hospital Classroom of the University of Antofagasta with the help of the final year students in Occupational Therapy and Speech Therapy of University.

2023

2023

20 years of Molymet Belgium

We are celebrating the twentieth anniversary of our opening in Belgium, standing out as a leading company in the production of specialized chemicals and metals. We congratulate Molymet Belgium on this significant achievement and wish them more years of prosperity and growth.

2023

2023

MolymetNos, the big winner of the Responsible Care® awards

Being awarded two of the five awards given by the Association of Chemical Industrialists of Chile (ASIQUIM) at the national level, MolymetNos dazzled in the categories “Relationship with Communities and Emergency Response” and “Responsible Care® Champion”, this being lastly, an award received by the Head of CSR and Communications of MolymetNos, for their notable performance in the execution of sustainable management with the communities of Nos.

We congratulate the MolymetNos subsidiary for its impressive achievement in obtaining these awards plus its re-verification of the Responsible Care ® certificate, thanks to its continuous improvement in health, safety, environment, and relationship with communities.

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