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Denver Post reported that Freeport McMoRan’s (NYSE:FCX) Climax moly mine has reopened and is producing molybdenum concentrate.
Denver Post reported that Freeport McMoRan’s (NYSE:FCX) Climax moly mine has reopened and is producing molybdenum concentrate.
As quoted in the market news:
Mine officials said production is expected to reach 20 million pounds a year by 2013 and could increase to 30 million pounds a year.