Tag Archive | "climax molybdenum"

Government stimulus could boomerang moly

Monday, January 26, 2009

As the shock waves spread around the global economy; many analysts are starting to hedge their bets on when a recovery will start. In their Global Metal’s Report released this week, Morgan Stanley gave their take on the near future for the molybdenum market.

Molybdenum puts on the brakes

Monday, November 17, 2008

After moly held its position over months of poor market sentiment, the metal has been hit hard. Just over a few weeks, the market price of molybdenum oxide has fallen by a whopping 30%.

Economic malaise causes moly prices to collapse

Tuesday, November 11, 2008

After holding its ground much longer than other base metals, molybdenum’s price point has given way to the global economic current. The metal was stable in the $32 to $35 a pound range for much of this year; holding its value compared to the price plummet of the other base metals.

Moly Price Chart
Asides