West Perth-based Moly Mines Ltd has mandated an unnamed United States institution to complete due diligence on financing $170 million for its $1.1 billion Spinifex Ridge molybdenum project.

West Perth-based Moly Mines Ltd has mandated an unnamed United States institution to complete due diligence on financing $170 million for its $1.1 billion Spinifex Ridge molybdenum project.