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market news

Peru Reports Stronger Molybdenum Production

Investing News Network
Feb. 06, 2012 08:39PM PST
Industrial Metals Investing

Mineweb reported that Peru’s molybdenum production was up last year, but not all metals fared so well.

Mineweb reported that Peru’s molybdenum production was up last year, but not all metals fared so well.

As quoted in the market news:

Molybdenum production was up 12.84% in 2011 from 16,963 metric tons in 2010 to 19,141 metric tons. December 2011 moly production rose 3.5% from 1,798 metric tons in December 2010 to 1,861 metric tons. Moly is mined by Cia Minera Antamina and Sociedad Minera Cerro Verde.

Click here to read the full Mineweb report.

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