Freeport might adjust moly output if weak mart lingers

Apr 24, 2014 | 12:43 PM | Andrea Hotter

Tags  Freeport-McMoRan Copper & Gold, molybdenum, Henderson Mine, Climax Mine, production adjustments, weak market, Andrea Hotter

NEW YORK — Weak market conditions for molybdenum might lead Freeport-McMoRan Copper & Gold Inc. to adjust production at its North American mines, the company said.

Freeport, which owns the Henderson Mine near Denver and the Climax Mine in Leadville, Colo., produced 14 million pounds of molybdenum in the first quarter. ....

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