Molybdenum (often referred to as “Moly”) is an important metal in both the industrial world and our daily lives. It was found to be a distinct element by Carl Wilhelm Scheele in 1778 but retained its name from the Greek word ‘molybdos’ or lead like. In its pure state, molybdenum is a lustrous grey metal, somewhat heavier than iron but melting at a much higher temperature- 2610 degrees centigrade as compared with 1535 degrees centigrade for iron.