[Ferro-Alloys.com]SHANGHAI, December 14, SinoCast -- The Democratic Republic of Congo has approved China Molybdenum to take over the Tenke Fungurume copper mine at USD 2.65 billion.

North America eclipsed China as the biggest producer of rare earth metal molybdenum in the second quarter of 2014, the International Molybdenum Association (IMOA) reports.

The International Molybdenum Association (IMOA) has published a study showing that lightweight components manufactured from advanced high-strength steel (AHSS) can reduce attributable greenhouse gas emissions by around 29% compared with traditional component d...

[Ferro-Alloys.com] At present, the Chinese government levies a tax of around 8% on molybdenum ore miners based on their sales volumes, market participants said.

MVC's first quarter molybdenum output also dropped 52% to 125,000lb from 258,000lb in 1Q13.

[Ferro-Alloys.com]According to the Land and Resources Office of Tibet Autonomous Region, from 2011 to 2013, government and social organizations invested RMB3.872 billion in exploring ores.