RE:Molybdenum Article on Mining.com - Stuhini ExplorationTAD LOL I was just coming to post that. Was doing some catch up on Osisco Metals (CuZnLb w/Mo credits) Red Metals posted CEO.ca
Nice plug for Stuhini and the future of Moly. Slowly but surly the market is warming up!
“There is zero availability on the ground and some people actually flew some material from China,” a trader in Europe told Argus.
“Global molybdenum consumption is expected to continue increasing over the next decade as demand for molybdenum-containing steels grows. But production has been squeezed by lower molybdenum content in mined ores seams and a lack of new molybdenum projects to meet demand,” according to Argus analysis.
In Canada, Stuhini Exploration (TSX-V: STU) is advancing the Ruby Creek molybdenum project in the far north of British Columbia. According to the company’s March 2022 resource estimates Ruby Creek contains just over 196,000 tonnes of moly alongside the property’s gold and silver ore.