Molybdenum trading on the London Metal Exchange, which began February 22, will mainly be attractive for new players on the market as they will need protection from price volatility, according to Pablo Bascur, managing partner of Chile-based consulting firm MolyExp. Companies developing projects to produce molybdenum as a primary product are looking at the LME trading as a good opportunity to secure minimum sales prices, reducing volatility risks and increasing alternatives for financing.
See http://www.bnamericas.com/news/metals/LME_molybdenum_trading_attractive_for_new_players_-_analyst/176071126.