China Molybdenum Says Steel Sector Will Support 2013 Prices
Platts reported that China's producer of moly concentrate, China Molybdenum, said that they expect the Chinese steel sector to give a boost to prices through 2013.
Articles Tagged "moly markets"
Thin Trade for Asia Moly Oxide
Platts reported that Asian spot trade of molybdenum oxide powder was flat on Wednesday.
Steady European Ferromoly Supports Asian Spot Demand
Platts reported that an uptick in interest from European traders supported spot demand for moly oxide powder on Tuesday.
General Moly Stops Work on Loan Amid Questions About Creditor
Bloomberg reported that General Moly has suspended work supported on a $665 million loan on news that the creditor responsible for the loan has been detained in China, sending stock price tumbling yesterday. As quoted in the market report:
Nordion Future Unclear, with Chalk River Plant Days Numbered
Reuters reported that isotope maker Nordion's future is uncertain, as they examine alternatives.
Moly Oxide Offers Rise to $12.20-12.50/lb CIF Busan
Platts reported that spot molybdenum oxide powder offers from Chinese traders have risen to $12.20-12.50/lb.
Sentiment Remains Positive Despite Holiday Shutdowns in Spot Molybdenum Oxide Market
Platts reported that thin trading in the Asian markets over the holidays, sentiment in the spot molybdenum oxide market was positive.
General Moly Inc. Gets Approval from BLM for Mt. Hope
General Moly Inc. (TSX:GMO, NYSE:GMO) announced that the Bureau of Land Management has accepted its reclamation bonding for the Mt. Hope Project and that surface disturbing activities will commence.
Molybdenum Oxide Prices Rise for the Week
Platts reported that molybdenum oxide prices jumped up over the course of the week, despite a drop on Friday.
Cadillac Resumes Exploration at Burnt Hill
Cadillac Ventures Inc. (TSXVE:CDC) announced that they have resumed exploration on the Burnt Hill Property in New Brunswick.
