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Guangdong Discovers 250,000 Tons Molybdenum Reserves - Report

iconJan 25, 2010 00:00

GUANGZHOU, Jan. 25 -- China's Guangdong province has discovered copper-molybdenum deposits with 250,000 tons of molybdenum reserves, the semiofficial China News Service reported late Thursday, citing the provincial government.

The deposits have about 1 million tons of proven reserves, with a total value of around RMB 500 billion ($73 billion), China News Service said.

 

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