Grupo Mexico targets 35% rise in molybdenum output

Feb 26, 2013 | 01:16 PM | Andrea Hotter

Tags  Grupo México, molybdenum, zinc, Xavier Garcia de Quevedo, molybdenum production, zinc output, Andrea Hotter

CANCUN, Mexico — Grupo Mexico SAB de CV is turning its sights to molybdenum, not to diversify its product base further but because it makes sound commercial sense, executive president Xavier Garcia de Quevedo told AMM.

The company already produces molybdenum as a by-product at several of its mines, but will now target a 35-percent increase in the next couple of years.

"When you have metal like molybdenum, you know you really have to recover it; it’s something in the past that we didn’t do, but we will going forward," Garcia de Quevedo said.....

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