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Chinese metal miner steps up overseas buying
[Ferro-Alloys.com] China Molybdenum Co. has announced a bid to buy two metal mines as it accelerates overseas acquisitions to increase its share in global metal mineral reserves. The company plans to raise up to 18 billion yuan (2.77 billion U.S. dollars) thr... |
China Molybdenum to Raise Up to CNY18 Billion Via Share Placement in China
[Ferro-Alloys.com] The board of China Molybdenum Co. (3993.HK) has approved a plan to raise as much as 18 billion yuan ($2.8 billion) via a share placement in China to fund acquisitions. The Chinese mining-and-processing company, which earlier this month ag... |
IMOA Molybdenum Association : Global molybdenum production and use down in 2015
[Ferro-Alloys.com]Global production of molybdenum slowed in 2015, reaching a total of 515 million lbs, down from the previous year's record of high of 578.5 million lbs. Full year figures from the International Molybdenum Association (IMOA) released today also... |
Why The Upside For Molybdenum Prices Is Limited For The Rest Of The Year
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[Ferro-Alloys.com]Molybdenum prices have rallied over 20% in recent weeks, after a weak start to the year, as indicated by the decline in Freeport-McMoRan's realized prices for molybdenum sales in Q1. However, the upside for molybdenum prices is likely to be l... |
Global molybdenum output, usage down in 2015, surplus falls: IMOA
[Ferro-Alloys.com]Global molybdenum production exceeded consumption again in 2015, but the surplus was down on the previous year as both supply and demand fell from 2014 levels, according to figures released Tuesday by the International Molybdenum Association. |
China's nine top molybdenum producers agree to 10% production cuts in 2016
[Ferro-Alloys.com]Nine leading molybdenum producers in China have proposed cutting national production of molybdenum concentrates by 10% in 2016 as the industry faces continuing challenges of severe overcapacity, cut-throat competition, slumping prices in both... |
China's Nine Top Molybdenum Producers Agree to 10% Production Cuts in 2016
[Ferro-Alloys.com]Nine leading molybdenum producers in China have proposed cutting national production of molybdenum concentrates by 10% in 2016 as the industry faces continuing challenges of severe overcapacity, cut-throat competition, slumping prices in both... |
Tesla Battery Drive Pushes China Molybdenum Into Cobalt
[Ferro-Alloys.com]China Molybdenum Co. is the most recent company to bank on the future of electric cars with its plans to get cobalt assets in the Democratic Republic of Congo. |
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