Newssummary: China’s SRB to Purchase Molybdenum Oxide for First Time

China’s State Reserve Bureau (SRB) was reported to purchase 2,000 tonnes of molybdenum oxide for the first time, hexun.com reported today. 

Major domestic companies, including Luoyang Molybdenum Group, will attend the round of bidding forSRB reserves, the newswire added. 

(www.nctv.net)