Depressed prices have stalked the molybdenum market recently, but savvy moly investors could be poised to benefit as demand picks up.
Articles Tagged "NYSE:FCX"
Denver Post reported that Freeport McMoRan's (NYSE:FCX) Climax moly mine has reopened and is producing molybdenum concentrate.
CBS News reported that profits for Freeport McMoRan (NYSE:FCX) fell due to labor disputes and lower production.
Mineweb reported that ABB will supply gearless mill drives to Freeport-McMoRan Copper and Gold's (NYSE:FCX) copper-molybdenum mine in Peru.
Fox Business reported that market concerns won't affect the timing of Freeport McMoRan Copper & Gold Inc.'s (NYSE:FCX) Climax moly mine restart.
Reuters reported that a strike at Freeport McMoRan's (NYSE:FCX) Cerro Verde mine have not affected output of copper or molybdenum.
Zacks Investment Research reported that output is expected to increase at Freeport McMoRan's (NYSE:FCX) Cerro Verde copper-moly project.
Mining Weekly reported that Freeport McMoRan (NYSE:FCX) will begin molybdenum production at the Climax mine in 2012.
Trefis reported on Freeport McMoran's (NYSE:FCX) production of molybdenum.
Ken MacDonald Vice President of Business Strategy and CFO Erdene Resource Development discussed the factors controlling the current molybdenum market.