Moly prices seen over USD 40 per pound in 2009

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Mon, Aug 11, 2008

Moly Market News
Post by Melissa Pistilli, Moly Senior Reporter

Mr Jonathan George, CEO of Creston, said:

Molybdenum is trading at around USD 33.85 per pound but we see it moving up into the USD 40 per pound range in 2009 because there is a stranglehold on molybdenum supply.

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