Global shortage to prevent Moly prices from falling
China Molybdenum Company reported that a global shortage of 2,000 tonnes in 2008 will prevent prices from declining.
Mr Wu Wenjun, GM of China Molybdenum, said:
Production may decline in Chile and China, ensuring that a deficit will last for quite a while.
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Fri, Aug 29, 2008
Post by Melissa Pistilli, Moly Senior Reporter