Molybdenum is a micronutrient that helps plants absorb nitrogen and phosphorus better. If plants have access to these nutrients, they will produce better yields which means the farmer will have more crop to use and sell and they could have more money to buy more crop for the next season. Molybdenum fertilizers are available to enhance the growth of crops so there can be a higher chance of those crops producing a better yield. Legume yields are especially low from molybdenum deficiencies, so with the aid of this fertilizer, the legume plants will absorb more nutrients such as nitrogen and phosphorus which can help the growth of the plant increase and the possibility of higher yields. In South Asia, molybdenum deficiency is a major factor for chickpea growth reduction. It is proven that molybdenum helps the growth and yield of chickpea production (Johansen et al., 2006).
British Columbia has many mines that produce large amounts of molybdenum in Canada. With this in mind, more Canadian jobs will be put on the market because the mines are in Canada which means that Canadian employees could be hired. This is an environmentally sustainable product because it is already being mined without it being needed. This is because it is a by-product of copper mining. With that being stated, molybdenum mining may not be the best way to produce a lot of Canadian jobs because it is already being mined by copper miners, but it could potentially offer a few more jobs.
There is a project to be done in the near future on the mining of molybdenum, The Kitsault Molybdenum Project. It will take place at an abandoned mine in the mid-west of British Columbia, in Lime Creek Watershed. This project will produce around 40-50 thousand tons of molybdenum per day, which averages to 23.4 million pounds per year over the 16 year period of the project. This will produce over $6.4 billion in exports to Canada, $382 million in federal income tax, and $660 million in provincial income and resource tax to British Columbia. This project will produce 5% of the world’s supply of Molybdenum. The 2 year construction for this project will create around 700 jobs and the project itself will create around 300 full time jobs and 700 indirect jobs which will be for providing goods and services to the mine and local community. An approximate $31 million bond has been put aside to ensure proper reclamation, which is closure of the mine after the project is done, and will put the land back to its own nature, being replaced with its natural vegetation.. Although this project will supply many farmers and companies with Molybdenum for fertilizer and other needs, the cost is very high. In terms of destruction and environmental monitoring after the project is complete, it will cost many millions of dollars (SRK Consulting Inc., 2011).
There is some competition in the world of molybdenum production. Colorado has large amounts of molybdenum because of the Rocky Mountains, which is the largest molybdenum mine in the world, mining around 30-40 million pounds per year (Leading the World in Moly., n.d.).
References:
Johansen et al., 2. (2006). Seed priming with molybdenum alleviates molybdenum deficiency and poor nitrogen fixation of chickpea in acid soils of bangladesh and india., 1.
Kitsault mine project. (2011). (PDF).Srk consulting inc.
Leading the world in moly. (PDF). Arizona, USA:
British Columbia has many mines that produce large amounts of molybdenum in Canada. With this in mind, more Canadian jobs will be put on the market because the mines are in Canada which means that Canadian employees could be hired. This is an environmentally sustainable product because it is already being mined without it being needed. This is because it is a by-product of copper mining. With that being stated, molybdenum mining may not be the best way to produce a lot of Canadian jobs because it is already being mined by copper miners, but it could potentially offer a few more jobs.
There is a project to be done in the near future on the mining of molybdenum, The Kitsault Molybdenum Project. It will take place at an abandoned mine in the mid-west of British Columbia, in Lime Creek Watershed. This project will produce around 40-50 thousand tons of molybdenum per day, which averages to 23.4 million pounds per year over the 16 year period of the project. This will produce over $6.4 billion in exports to Canada, $382 million in federal income tax, and $660 million in provincial income and resource tax to British Columbia. This project will produce 5% of the world’s supply of Molybdenum. The 2 year construction for this project will create around 700 jobs and the project itself will create around 300 full time jobs and 700 indirect jobs which will be for providing goods and services to the mine and local community. An approximate $31 million bond has been put aside to ensure proper reclamation, which is closure of the mine after the project is done, and will put the land back to its own nature, being replaced with its natural vegetation.. Although this project will supply many farmers and companies with Molybdenum for fertilizer and other needs, the cost is very high. In terms of destruction and environmental monitoring after the project is complete, it will cost many millions of dollars (SRK Consulting Inc., 2011).
There is some competition in the world of molybdenum production. Colorado has large amounts of molybdenum because of the Rocky Mountains, which is the largest molybdenum mine in the world, mining around 30-40 million pounds per year (Leading the World in Moly., n.d.).
References:
Johansen et al., 2. (2006). Seed priming with molybdenum alleviates molybdenum deficiency and poor nitrogen fixation of chickpea in acid soils of bangladesh and india., 1.
Kitsault mine project. (2011). (PDF).Srk consulting inc.
Leading the world in moly. (PDF). Arizona, USA: