Moly market awaits impact of Phelps cutback

The European molybdenum market is assessing the likely impact of moly by-product cuts resulting from copper miners reducing production.

From January 15 next year, Phelps will operate the Sierrita and Bagdad mines at half capacity. The biggest mine, Sierrita, has annual moly-in-concs capacity of around 30m-35m lb, but produced...

Published

October 26, 2001

12:57 GMT

London