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0.00% 6.9¢ moly mines limited

japan disaster may boost iron ore demand!!! , page-2

  1. ameliustag
    2,145 Posts.
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    15/03/11
    16:23
    Post #: 8056293
    But ADD Molybdenum to iron makes super steel.

    I bet that the nuclear reactors IN JAPAN are all reinforced with super molybdenum alloys. Absolutely!

    Melting temp 2623 degrees. Usually makes steel 2 to 3 times tougher and stronger per kg mass.

    Now what company also has a little bit of molybdenum floating about in its tenements?

    In all probability the reason why China have invested in Moly mines is because they also need Molybdenum and iron for their planned nuclear reactors.

    MOL Price at posting: 86.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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