At least, we have a high grade Mo deposit. Which Mo mine in the world has grade +0.3% as demonstrated here!!
The best and highest grade Mo deposit is Freport's Climax Mo Mine, a big money maker. Below are known resource/reserve numbers:
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Published reserve and production figures at Climax includeroduction, 1918-87 - 421 Mt @ 0.41% MoS2, (Wallace and Snow, 1989).Reserve 1987 - 310 Mt @ 0.30 to 0.35% MoS2, (Wallace and Snow, 1989).Proven + probable Reserve, 1994 - 132 Mt @ 0.23% Mo (AME, 1995).Remaining recoverable reserves at December 31, 2011 (Freeport-McMoRan, 2012): Proved reserves - 75 Mt @ 0.189% Mo; Probable reserves - 112 Mt @ 0.137% Mo; Proved + probable reserves - 187 Mt @ 0.158% Mo.Remaining recoverable reserves at December 31, 2018 (Freeport-McMoRan, 2018): Proved + probable reserves - 168 Mt @ 0.15% Mo.
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