Kennecott Utah Copper (KUC) is preparing to take advantage of the current demand for molybdenum by building its own Molybdenum Autoclave Process (MAP) facility.

During the past five years, molybdenum, typically a byproduct of copper production and used in metal alloy to enhance toughness, high- temperature strength and corrosion resistance in steel, has increased in price, going from about $3 per pound in 2004 to more than $30 per pound in today's market.

Source: Salt Lake City Enterprise

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