Molybdenum prices to rise on market uncertainty

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Wed, Mar 17, 2010
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Post by Anne Bagchi, Moly Researcher

Proactiveinvestors.com reported that Molybdenum prices to rise on market uncertainty:

Our research shows there could be more than 1,000 power plants constructed around the world over the next decade. This quantity of molybdenum consumption alone would represent about one year’s of current mining production. China is reportedly constructing between one and twopower plants per week.

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