China Molybdenum Reports Moly Production of 11,964 Tonnes

Metal Bulletin reported that during the first three quarter of 2014, China Molybdenum Co. Ltd. (HKEX:3993) put out molybdenum concentrate containing 11,964 tonnes of metal.

As quoted in the market news:

The output accounted for 79.23% of the company’s annual output plan for the year. It has managed to slash cash production costs to 55,751 yuan per tonne.

Click here to read the full Metal Bulletin.