Regulations For Total Quantity Of Moly Ore To Be Mined In China May Stimulate Its Sluggish Prices- Oversupply Of Moly In Western World Might Be Broken Down, Issue Of Excessive Moly Stocks In China

摘要

China has shared 37% of molybdenum production in the world but is scheduled to enforce from 2011 the regulations for total quantity of molybdenum ore to be mined in China. According to the data compiled and released by IMOA ( International Molybdenum Industry Association ), China shared 37% of molybdenum production in the world in 2009, which was distinguished on a global scale and had exceeded considerably 25% by the USA and 16% by Chile.