Physical contract specifications

LME Molybdenum

Quality Molybdenum of between 57 and 63% purity contained in roasted molybdenum concentrate (RMC)
Shape Powder packed in drums
Lot size 6 tonnes of molybdenum (with a tolerance of +/- 5%) contained in RMC
Warrant 10 tonnes of RMC
Delivery size 10 tonnes of RMC deliverable in 200 or 250kg drums of uniform size and weight.
Of each drum delivered and stored in warehouse, only around 60% of the drum, or 6 tonnes, has any value, which is the molybdenum contained in the RMC. LME warehouse stocks will report only the molybdenum content of the material in storage. Rent will be payable on the entire RMC in storage.
Brands All molybdenum deliverable against LME contracts must be of an LME-approved brand

This is a summary of the contract specifications. For full contract specification details, please refer to the LME Rulebook and for other information, please refer to our disclaimer page. 

Note that all contracts are subject to the LME’s rules and regulations and LME Clear span margining.

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