Chile is estimated to have produced 33,304 tonnes of molybdenum in molybdenum concentrate in the calendar year of 2008,a 25.9% decrease compared with that in the preceding calendar year of 2007. For more information, click here
Continue reading "Chile 2008 Moly output may decline by 25% YoY"
Tuesday, February 17, 2009
Since the end of 2008, the price of domestic ferromoly in China has been fluctuated above and below CNY 120,000 per tonne and the prices are expected to decline again. For full story, click here
Continue reading "Price of ferromoly in China to decline again"
Monday, January 26, 2009
Molybdenum prices have crashed from a high of $35 per pound at the end of October down to the recent level oft US $12 per pound. This represents the worst decline when it comes to commodity prices; a 53 percent drop to be exact.
Continue reading "Molybdenum’s decline leaves few strong contenders"
Thursday, November 20, 2008
Quadra Mining has postponed plans to begin construction of molybdenum mine in East Greenland due to recent decline in metal prices. For full story, click here
Continue reading "Greenland’s Molybdenum mining project on hold"
Tuesday, November 18, 2008
Shares of Queensland Ores Ltd. decline by the most on record in Sydney after stopping production at its Wolfram Camp tungsten and molybdenum mine in Australia because metal prices fell and it failed to meet ore grade targets. For full story, click here
Continue reading "Queensland Ores Shares decline on Molybdenum Halt"
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Sunday, February 22, 2009