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Re: INDUSTRY BULLETIN - Rio Tinto spending $270M on molybdenum facility

Posted by: mcadam on June 17, 2008 09:35AM

In response to: INDUSTRY BULLETIN - Rio Tin... by AGORACOM

Actually pretty interesting infomation. It's quite clear that although molybdenum may have kinda fallen in the shadows of some of the other sexier metals, this really doesn't change the fact that there is a significant supply shortage. Asian growth alone could easily sustain current price levels.

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