Win-Eldrich’s Q1 Moly Production Nears 2008 High

Reuters Africa reported that molybdenum production from Win-Eldrich’s (TSXV:WEX) Ashdown mine is back to 2008 levels.

The market news is quoted as saying:

Win-Eldrich put the Ashdown mine, its principal asset, on standby mode after molybdenum prices crashed to less than $10 per pound from over $30 per pound in 2008.

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