Freeport McMoRan reduces molybdenum production

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Fri, Jan 30, 2009
Moly Company News
Post by Melissa Pistilli, Moly Senior Reporter

Freeport McMoRan Copper & Gold of Phoenix forecasts its sales to slide 15% to 60 million lbs in 2009 from the 71 million lbs shipped in 2008. The company has revised annual production plans at Henderson for 2009 at a 25% reduction.

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