Bloomberg Intelligence
The silver-gray metal is typically extracted as a by-product of copper mining by companies like Freeport-McMoRan Inc., Antofagasta Plc and Southern Copper Corp. Much higher molybdenum prices are buffering those companies from high costs and slightly lower copper prices. For Freeport, the top producer, a $5 change in molybdenum prices translates to $375 million in cash flow.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação: