Organic molybdenum (e.g., molybdenum dialkyldithiocarbamate, Mo-DTC) is a typical additive for liquid lubricants which can produce a significant anti-wear role with only a minor addition. In this article Mo-DTC additives were used to enhance the wear resistance of a phenolic resin. Phenolic/Mo-DTC composites with various Mo-DTC filler ratios were prepared by hot-press molding. The hardness and wear performance of the composites were measured by a Shore durometer and by an M-2000 friction and wear tester, respectively. The results showed that after adding the Mo-DTC filler, both the hardness and the anti-wear properties of the composites materials were improved. Under the condition of high-speed with a smooth ring, the wear scar length for the sample with 1% Mo-DTC content decreased by 45.6% compared with that of the neat phenolic resin whereas for a wire rope ring a decrease of 16% was observed for 0.5% Mo-DTC. Based on the wear morphology of the composites, the wear mechanisms of the designed phenolic/Mo-DTC composites were determined.