Thursday, July 10, 2008

Molybdenum supply deficit predicted in 2009-10

A proprietary report from CPM Group predicts a supply deficit for moly for 2009 and 2010 because of delays in new moly and moly/copper mines going into production. They expect supplies to catch up during the 2011-14 period.

Moly is produced in Arizona as a copper by-product at the Bagdad [right, credit Webshots] and Sierrita mines.

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