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China Moly pursues US $579 million from Shanghai IPO

Cecilia Jamasmie | March 20, 2012 | 1:00 pm Base Metals China Europe Molybdenum 

China Molybdenum Co. (HKG:3993), the country’s largest producer of  the element by output, plans to launch an initial public offering in Shanghai, which may raise around 3.65 billion yuan (US$579 million), to fund its new alloy project and boost output,...

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