Russian Bauxite Output surged by 2.9%
It is declared that from January to May, Russian bauxite output raised by 2.9% compared with the same period last year. For full story, click here
It is declared that from January to May, Russian bauxite output raised by 2.9% compared with the same period last year. For full story, click here
Grupo Mexico in Mexico declared that it has released recently their settlement of accounts for the first quarter of 2009. According to this report, Southern Peru Copper Corporation which is an affiliated company of Grupo Mexico in Peru, produced 4,056 tons of molybdenum in molybdenum concentrate in January – March quarter of 2009 as compared [...]
Molybdenum suppliers including Erdene Resource Development Corp. has planned to cut output dramatically this year in an effort to push moly prices up. For full story, click here
Codelco of Chile reported that it produced 21,000 tonnes of molybdenum in molybdenum concentrate in the full year of 2008, down by 25% YoY as compared with that of 28,000 tonnes in the preceding year of 2007. For full story, click here
Chilean Molybdenum output dropped 19 percent to 2,870 tons. For full story, click here
Thompson Creek Metals Co., the operator of molybdenum mines in North America, said it would like to make an all-stock acquisition to increase output and the company is in no hurry because asset prices may continue to decline. For more information, click here
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
The steel sector has been deeply impacted by the global economic climate; with an approximate 50% decline in production. Moly, as an important alloy, is following suit.
China has produced 180,589 tonnes of molybdenum concentrates with Mo content of 81,265 tonnes, up by 22.48% YoY basis. For full story, click here
Molybdenum output of Antofagasta fell 23.5 percent last year to 7,800 tonnes. For full story, click here
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