A Jiangxi mine sold 96 mt of molybdenum concentrates at a winning bid price of 5,430 yuan/mtu.
[Molybdenum Flash] SMM, September 3: A mine in Jiangxi sold 96 mt of 45%-50% molybdenum concentrates (average copper 1.99%, average phosphorus 0.081%) at a transaction price of 5,430 yuan/mtu, with a bid floor of 5,410 yuan/mtu. It also sold 544 mt of 40%-45% molybdenum concentrates (average copper 4.09%, average phosphorus 0.085%) at a transaction price of 5,395 yuan/mtu, with a bid floor of 5,380 yuan/mtu. All the above transactions were settled with 35% cash and 65% acceptance.