here is some intresting new regarding this top metals.
Molybdenum Price Rise Justifies Approval of Molybdenum Mining Projects, an Industrial Info News Alert
Industrial Info Resources SUGAR LAND, TX--(Marketwire - March 21, 2008) - Researched by Industrial Info Resources (Sugar Land, Texas) -- The price of molybdenum is currently about $34 per pound, up from $2 per pound in 2002, and is nearing historic high prices set in 2005. During this period, molybdenum miners have optimized production and are looking for ways to expand capacity. Freeport-McMoRan Copper & Gold Incorporated (NYSE:FCX) (Golden, Colorado) and Thompson Creek Metals Company Incorporated (NYSE:TC) (Denver, Colorado) are some of the companies that have received approvals for molybdenum mine projects.
RCH Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
