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Moly market braces for price increase

Written by Melissa Pistilli
|
Aug. 29, 2008 06:22AM PST

Moly Investing News reports expectations for price increases of molybdenum market in September. The availability of ferromolybdenum remains tight as output falls at a number of major producers. For this reason, companies are increasingly eager to explore for new, and expand current molybdenum mines. Moly’s projected supply and demand picture is quite different than what commentators are …

Moly Investing News reports expectations for price increases of molybdenum market in September.

The availability of ferromolybdenum remains tight as output falls at a number of major producers. For this reason, companies are increasingly eager to explore for new, and expand current molybdenum mines. Moly’s projected supply and demand picture is quite different than what commentators are projecting for many of the other metals. 

For full details of this article, click this link. Follow developments in resource mining and exploration for free. Sign on to the Resource Investing Newsletter.

 

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