Steel’s demise slices molybdenum supply

Reports

Publishing Date: 15 May 2009 1:09pm GMT
Issue/Supplement: 15/05/09
Author: Mining Journal

With several moly mines placed on care-and-maintenance since the start of the commodities bust, and even more projects now on hold, there is concern about future supply if the market picks up next year. China may end up saving moly prices in 2009, with demand still strong in the Asian nation

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