Moly Producers Ring In Good Times

A draft proposal by the Chinese government that lays down the thresholds for access to the molybdenum industry is set to cheer moly producers.

The Chinese New Year has brought in good news for moly producers.

In an announcement that is set to benefit several molybdenum producers, the Ministry of Industry and Information Technology (MIIT) in China has published a draft document laying down the thresholds for access to the molybdenum industry. The document was posted for comments on Tuesday and has got the industry in a tizzy.

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