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Colorado Moly Mills and Mines Cut Costs to Better Compete in Soft Market, an Industrial Info News Alert


Colorado Moly Mills and Mines Cut Costs to Better Compete in Soft Market, an Industrial Info News Alert

SUGAR LAND, TX -- (Marketwire) -- 03/19/13 -- Written by John Egan for Industrial Info Resources (Sugar Land, Texas) -- As the Climax Molybdenum Mine in Colorado nears the one-year anniversary of its restarted operations, owner Freeport-McMoRan Copper & Gold Incorporated (NYSE:FCX) (Phoenix, Arizona) is looking at the continued soft global price environment for the metal. Nonetheless, the world's largest molybdenum producer has plans to continue expanding production while lowering production costs, in the hopes that prices will firm and profits will grow.

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, and eight offices outside of North America, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle(TM), provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

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