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Regards,
George, Paul et al.
Dear Shareholders,
In an effort to keep you up to date on all pertinent information regarding the resource sector and more specifically Molybdenum supply and demand fundamentals. Please see the attached news regarding Rio Tinto.
"The outlook for molybdenum demand is very strong, driven by the rapid urbanization and industrialization of China and India," Chief Executive Tom Albanese said in a statement.
Rio Tinto spending $270M on molybdenum facility
Rio Tinto spending $270 million to build molybdenum processing unit near Salt Lake City
NEW YORK (Associated Press) - Mining company Rio Tinto PLC said Wednesday it will invest $270 million to build a molybdenum processing facility near Salt Lake City.
Please click here to read the article in its entirety.
Regards,
AGORACOM Investor Relations
1 member recommends this.
Jonathan George gives company update and discusses supply demand dynamics of the moly market.
