New pipelines will spell success for moly

Moly Investing News reports molybdenum price is impacted by the slow buying by the Chinese.

Molybdenum is already in a tight supply situation that has been aggravated by recent shutdowns and output curtailments. Moly demand typically grows at a rate of 4 per cent to 6 per cent each year, and in order to supply this growth one new molybdenum mine is required to come into production each year.

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