Thompson Creek Advances

Molybdenum Investing

Bloomberg.com reports that Thompson Creek Metals rose the most in 17 months after report China to curb molybdenum production.

Bloomberg.com reports that Thompson Creek Metals (NYSE:TC, TSE:TCM) rose the most in 17 months after report China to curb molybdenum production.

The market news is quoted as saying:

The move by China would limit the mining of the metal starting next year, the China Securities Journal reported today, citing an unidentified person. Molybdenum is used in steelmaking.

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