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    market news

    Origo Invests $10 Million in Molybdenum Miner

    Investing News Network
    Jun. 06, 2011 08:29PM PST
    Industrial Metals

    M.A.D. Investment Solutions reported that Origo Investors bought equity in Moly World.

    M.A.D. Investment Solutions reported that Origo Investors bought equity in Moly World.

    The market news is quoted as saying:

    “Growing demand from Chinese steel producers for molybdenum is expected to underpin prices over the medium term and we expect primary molybdenum producers’ market share to continue to increase in the medium term,” said Origo’s chief executive officer Chris Rynning.

    To read the full market news, click here.

    market newsmolybdenum producers
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