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Thompson Creek Metals Co., the world’s fifth- largest molybdenum producer, said it may spend as much as $400 million for control of a deposit of the steel-hardening metal at the Lucky Jack project near Crested Butte. Toronto-based Thompson Creek paid the deposit’s owner, Riverton, Wyo.-based U.S. Energy Corp., $500,000 for an option to form a 50-50 development partnership for $50 million or to own 75 percent for a cumulative total of $400 million, the company said in a statement.
