US moly mart may improve this year: Loughrey

Mar 01, 2013 | 03:52 PM | Suzy Waite

Tags  Thompson Creek Metals, Kevin Loughrey, molybdenum, moly, copper, gold, Mount Milligan, Suzy Waite

NEW YORK — Domestic molybdenum markets could experience a slight improvement this year, although the environment remains extremely difficult for the moment, Thompson Creek Metals Co. Inc. chairman and chief executive officer Kevin Loughrey told AMM.

Weak molybdenum demand and low prices coupled with a write-down associated with issues at the Denver-based company’s Endako molybdenum mine in British Columbia contributed to a 2012 net loss of $546.3 million (, Feb. 25).....

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