MOLYMET · Annual Report 2020

Our Purpose

We generate value for the advancement of humanity through products developed by people who believe in the well being of our planet.

To build the 55-km bridge that links Zhuhai in southern China to Hong Kong were used a total of 420,000 tons of special steels manufactured with Molymet components. This project contributed to improving the quality of life of millions of people

SEE PDF

A Word from the Chairman

“I am proud to preside over the Board of a company with such committed employees and high standards during such difficult times.”

George Anastassiou Mustakis

Chairman of the Board

SEE PDF

Our Culture

Our Mission

We work to strengthen our global position in the molybdenum and rhenium market through a capacity for efficient, flexible processing, on going process optimization, innovation and the search for new business opportunities in strategic metals.

People

People are essential to Molymet and are at the center of everything the company does.

Excellence

This characteristic defines our team and the way we work.

Innovation

Molymet continually researches ways to provide solutions for people’s daily lives.

Sustainability

Molymet approaches its business activities through this lens. Its relationship with the environment is the basis for its future plans.

SEE PDF

Corporate Governance

BOARD

BOARD COMMITTEES

Click here

Directors Committee

Compensation Committee

Finance Committee

Executive Development And Succession Committee

CHIEF EXECUTIVE OFFICER

MANAGEMENT COMMITTEES

Click here

Executive Committee

Projects Committee

Digitization and Innovation Committee

Sustainability Committee

Operations Committee

Expanded Commercial Committee

Intellectual Property Committee

VP of Corporate Compliance and Risk

VP of Commercial and Market Development

R&D Manager

VP of Engineering

VP of Corporate and Legal Affairs

Vp of Corporate Human Resources and Communications

Vp of Americas Operations

Vp of Europe Operations

Vp of Corporate Administration and Finance

Vp of Corporate Strategic Management, Technology and Dx

SEE PDF

Interview with the CEO

“The greatness of our team allowed us to forge a head during a truly difficult year.”

John Graell

CEO

SEE PDF

Strategy

In order to obtain molybdenum, molybdenum concentrate—also known as molybdenite—must be produced. This is done essentially a derivative of copper extraction, currently the main origin of processed molybdenum in the world.

The Molybdenum Industry

Molybdenum is a byproduct of the processing of other minerals and is thus not found in a pure state in nature.

Our Businesses

Molymet has developed a wide range of molybdenum and rhenium solutions for the metallurgy, chemical and metal industries.

People

The work of Molymet’s Vice President of Corporate HR and Communications is coordinated around strategic challenges related to attracting, developing and retaining talent.

Excellence

Molymet adopted the principles of the LEAN philosophy in an effort to maximize customer service through an exclusive focus on activities that add value.

Innovation

Molymet conducts R+D programs designed to generate processes that improve the company’s productivity, expand the company’s product portfolio and develop digital technologies.

Sustainability

Molymet’s corporate sustainability strategy is implemented through four policies and focus areas that address the most important topics for its economic, social and environmental performance.

SEE PDF

Production Units

Molymet’s strategically located plants meet over 35% of global demand for molybdenum products in a highly technical and competitive market.

35%

of the world’s molybdenum

Total Capacity

209%

million pounds of molybdenum products per year

FIVE PRODUCTION PLANTS

These strategically located entities are one of Molymet’s main competitive advantages.

DIVERSE PRODUCTION PROCESSES

Together with geographic diversification, they allow the company to offer its customers the greatest flexibility in the industry.

OPERATIONS IN NINE COUNTRIES

Molymet can meet the needs of consumers around the world through its production units and commercial offices.

THE SIGN OF INNOVATION

Over the course of its 45 years in the industry, Molymet’s support for new ideas and teams dedicated exclusively to research and development has positioned it as the world’s leading molybdenum processor.

SEE PDF