Moly Investing News » Moly price is well above $10/lb needed to fund new supply

Moly price is well above $10/lb needed to fund new supply

June 17, 2009 @ 6:53 am In Moly Market News

The molybdenum price will need to surge significantly from the current level around $10/lb, if the industry is to invest in new output that will be needed to meet future demand.

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[1] here: http://www.miningweekly.com/article/industry-needs-moly-price-well-above-10lb-to-fund-new-supply-thompson-creek-ceo-2009-06-10