Mercator Minerals Ltd MLKKF

Roasting Capacity

[24~Karat]

►Mercator Minerals agreement with Derek Raphel is of monumental importance for the company, and will stand as yet another milestone in distinguishing ML from nearly the entire field of its competitors. By securing long-term access to the roasting capacity of Derek Raphael & Co, ML has guaranteed that its investors will enjoy tremendous returns on capital for many years to come. Consider this statement made earlier this year by a representative of Derek Raphael in stockinterview.com: According to William G. Cook, who is the North American representative for Derek Raphael & Company,presently the world’s largest molybdenum trader, “The roasting sector has not been able to keep pace with the rapid increase in moly demand.” He explained this was a concern, “Roasters are very expensive to build and are environmentally sensitive so this is an area to focus on in the future when evaluating the moly market.” These observations were confirmed by yet another expert observer in that same article: “The molybdenum industry does have the ability to produce more moly,” Michael Magyar told StockInterview, “but we can’t roast much more moly right now.” Magyar is the molybdenum commodity specialist for the United States Geological Survey (USGS), based in Reston, Virginia. He explained that increased molybdenum in steel demand could create another bottleneck at the roasters. Worse yet, he added, “No one is actively permitting for more roasting capacity in North America.”►I have always been very confident that this day would arrive for ML, based primarily upon the quality of its asset. Historically, during its past production cycle, the grade of the molybdenum concentrate at Mineral Park was amongst the highest in the world. I think that judgment has been confirmed by ML’s new alignment with Derek Raphael & Company. https://www.stockinterview.com/News/11082006/Roasting-molybdenum.html