Moly Mines Ltd has become the latest Western Australian mining company to gain backing from US investment group Harbinger Capital, which has also invested in Fortescue Metals Group, Poseidon Nickel and Po Valley Energy.

Moly Mines Ltd has become the latest Western Australian mining company to gain backing from US investment group Harbinger Capital, which has also invested in Fortescue Metals Group, Poseidon Nickel and Po Valley Energy.