China’s SRB to Buy 5,000 Tonnes of Moly Oxide

Metal Bulletin reported that in the coming four months, China’s State Reserve Bureau (SRB) plans to stockpile 5,000 tonnes of molybdenum oxide.

As quoted in the market news:

The first batch of the purchase will comprise 2,700 tonnes for around 1,459 yuan ($236) per mtu bought from three of the four companies chosen by the SRB for the purpose, sources said.

Click here to read the full Metal Bulletin report.

Get the Latest Molybdenum Investing Stock Information

Get the latest information about companies associated with Molybdenum Investing delivered directly to your inbox.


By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

resource ebook2

Get the Top Stories on Resource Investing FREE!

  Learn what is going on before you buy from this FREE Special Report, Who is Kitco? to US Mint: Sold Out! – Top Articles from Resource Investing News.

Leave a Reply