Molybdenum to join LME |
Written by Steel Guru | |
Monday, 08 September 2008 | |
It is reported that molybdenum and cobalt are set to be traded on the London Metal Exchange, offering increased price protection for producers of the two metals. The LME board has approved the launch of molybdenum and cobalt contracts, to be traded alongside the likes of nickel, zinc and copper, for the second half of 2009.
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