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Seeking Alpha reported that molybdenum demand should boost share prices in General Moly (AMEX:GMO).
Seeking Alpha reported that molybdenum demand should boost share prices in General Moly (AMEX:GMO).
The market news is quoted as saying:
General Moly, between their Mt. Hope project and their Liberty project, sits atop the largest undeveloped deposit of molybdenum in the world and the Chinese, South Koreans and Japanese need a lot of molybdenum.