Peru Reports Stronger Molybdenum Production

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.

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