World Output of Molybdenum in Q1 2011

Steel Guru reported on the increase of global output of molybdenum this year.

The market news is quoted as saying:

The total quantity of molybdenum in molybdenum concentrates produced by major molybdenum mines of the world in January to March quarter of 2011 had come up to 74.76 million lbs on Mo content base having had a substantial increase of 24.0% compared with that in the same quarter of 2010.

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