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Phelps eyes moly increase

SPURRED on by the recent spike in the molybdenum price, base metal powerhouse Phelps Dodge is looking to push its molybdenum output through an expansion at the Henderson mine and the possible restart of the Climax mine.

Rebecca Keenan
Phelps eyes moly increase

Phelps Dodge subsidiary, Climax Molybdenum, is considering increasing output at its Henderson underground mine in Colorado to 40 million pounds per annum by mid-2006, up from current levels of around 30Mlbpa....

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