LME Cobalt and Molybdenum Surpass 10,500 Lots Traded
London Metal Exchange reported that over 10,000 lots of moly and cobalt were traded since 2010.
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Tag Archive | "london metal exchange"
Growth in the Molybdenum Market
Wednesday, October 20, 2010
Analysts are bullish for the future of the molybdenum market stemming from growth projection in China. Steel demand, and consequently, demand for moly is expected to grow by 9 percent through 2012.
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What Lies Ahead For Moly?
Thursday, February 18, 2010
Molybdenum is set to trade on the London Metal Exchange from February 22, but the world's No 2 producer Chile's Codelco has decided to stay away. Why does the miner want to go it alone? Are shaky copper prices to blame?
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Moly Prices Set To Be Firm
Sunday, January 31, 2010
Prices are set to follow an upward trend in 2010. Prices for oxide are forecast to average US$ 17/lbMo, rising to above US$ 20/lbMo in 2011, as strong demand willl ensure producers follow suit and hike prices.
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Moly Poised For Massive Comeback
Monday, January 11, 2010
Moly has been priced too low as compared to other minerals already traded in the futures market. The added sauce to the coming moly price surge will be a sure-fire winner for speculators. You in?
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Weak steel demand takes a bite out of molybdenum
Monday, March 9, 2009
Molybdenum prices are currently hovering around the $9 per lb mark, a drastic decline from last Augusts’ high of $34. Molybdenum managed to hold its price point longer than other metals; but in the fourth quarter of 2008 the steel industry’s defeat sent molybdenum on a free fall.
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Molybdenum’s market value catches London Exchange’s eye
Saturday, September 6, 2008
The London Metal Exchange will add molybdenum to its arsenal in the second half of 2009. The move was announced on Sept 4th, when the LME board voted in favour of adding both molybdenum and cobalt to its futures trading. The move was met with mixed reviews.
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- Avanti – Production at Kitsault by 2013
- Canyon Copper Corp. – Advanced Mineral Resource Company
- Columbia Yukon Explorations Inc. – One of the Largest Pure Primary Molybdenum Deposits in Canada
- Virgin Metals – Advanced Copper Projects in Mexico
- Woulfe Mining: Exploration and Development of World-class Mines in South Korea
Asides
The Molybdenum Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
MolyInvestingNews.com maintains a focus on Moly exploration and investment opportunities. For broader Natural Resource Investing, see ResourceInvestingNews.com.
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Wednesday, July 13, 2011