Used as a precursor in the production of molybdenum metal and alloys, which are essential in steel manufacturing to enhance strength, hardness, and resistance to corrosion and high temperatures. Employed in electronics as a conductive material in certain types of resistors and sensors due to its semiconducting properties. Investigated for use in lithium-ion batteries as an anode material because of its high theoretical capacity and ability to intercalate lithium ions. Also utilized in catalytic applications, particularly in hydrodesulfurization processes in the petroleum industry to remove sulfur from fuels. Shows potential in gas sensing technologies due to its sensitivity to changes in environmental gases.