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The Rush for Rare Metals

The Rush for Rare Metals

Philip Bowring's avatar
Philip Bowring
May 10, 2010
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The Rush for Rare Metals
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In a sure sign that metal bubbles are back, a great rush is on to make money from molybdenum. On May 3, the same day it was reported that an unlisted Chinese firm, Sichuan Hanlong, was to spend US$200 million on acquiring 55 percent of an Australian molybdenum project, Russian oligarch Oleg Deripaska announced the forthcoming listing of his molybdenum c…

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