Moly Mines Limited (ASX:MOL)(TSX:MOL) ("The Company") announces that Mr Douglas Buerger has resigned as a Non-executive Director of the Company.

According to statistic of Korea Customs, the import volume of other ferroalloy in May was 1614 tons, down by 34.8% M-O-M while down by 22.4% Y-O-Y. The imported materials were mainly sourced from China （1447 tons）.

US electrolytic manganese metal rose to USD 120-125 per lb, ex- warehouse, after initial declines earlier this month.

Prices for European medium-carbon widened this week to USD 1,145-1,205 per mt, DDP, as buyers moved in the spot market

Prices for silicomanganese dropped this past week in the US from USD59.5-61 per lb, ex-warehouse, to USD 58.5 per lb as the low,

Booming global demand for battery-powered cars and portable devices such as smart phones and laptops is tipped to provide a boon for a handful of Australian miners producing the key ingredients of nickel, graphite and vanadium.

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uth Korean steelmaker POSCO said in a statement on Tuesday it has slashed its monthly stainless steel prices for July by 200,000 Korean won ($200) a tonne to reflect easing nickel prices, swinging back to price levels from a month earlier.