Thompson Creek Posts New Report on 'Expanded Uses of Molybdenum in the Energy Industry'

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    TORONTO, Oct. 15 /CNW/ - Thompson Creek Metals Company Inc., one of the
world's largest publicly traded, pure molybdenum producers, today announced it
has posted on its website a new report entitled "Expanded Uses of Molybdenum
in the Energy Industry" by metals expert Denis Battrum. The report outlines
new and expanded uses of molybdenum in steel alloys and catalysts for energy
applications worldwide.
    Mr. Battrum, who is founder and president of marketfriendly, inc. of
Kansas City, Missouri, publishes a daily summary of molybdenum news and is the
author of several studies on the molybdenum sector. He has more than 30 years
of purchasing, research and sales experience in the mining, steel
manufacturing and recycling industries. Mr. Battrum has held the positions of
Sales Manager at American Compressed Steel Inc., Purchasing Manager at the
Iowa and Minnesota plants at Cargill's North Star Steel Company (subsequently
acquired by Gerdau Ameristeel Corporation), and Director, Market Research, at
Saskatchewan Mining Development Corporation (later renamed Cameco
Corporation). Mr. Battrum is a director of the Sprott Molybdenum Participation
    The report was commissioned by Thompson Creek Metals Company Inc.;
however, the author is solely responsible for the information and opinions in
the report.

    About Thompson Creek Metals Company Inc.

    Thompson Creek Metals Company Inc. (formerly Blue Pearl Mining Ltd.) is
one of the largest publicly traded, pure molybdenum producers in the world.
The Company owns the Thompson Creek open-pit molybdenum mine and mill in
Idaho, a 75% share of the Endako open-pit mine, mill and roasting facility in
northern British Columbia, and a metallurgical roasting facility in Langeloth,
Pennsylvania. Thompson Creek is also developing the Davidson high-grade
underground molybdenum project near Smithers, B.C. The Company has more than
700 employees. Its head office is in Toronto, Ontario. It also has executive
offices in Denver, Colorado (including sales and marketing) and Vancouver,
British Columbia. More information is available at

    Cautionary Note Regarding Forward-Looking Statements
    This news release contains "forward-looking information" which may
include, but is not limited to, statements with respect to the timing and
amount of estimated future production. Often, but not always, forward-looking
statements can be identified by the use of words such as "plans", "expects",
"is expected", "budget", "scheduled", "estimates", "forecasts", "intends",
"anticipates", or "believes" or variations (including negative variations) of
such words and phrases, or state that certain actions, events or results
"may", "could", "would", "might" or "will" be taken, occur or be achieved.
Forward-looking statements involve known and unknown risks, uncertainties and
other factors which may cause the actual results, performance or achievements
of Thompson Creek and/or its subsidiaries to be materially different from any
future results, performance or achievements expressed or implied by the
forward-looking statements. Such factors include those factors discussed in
the section entitled "Risk Factors" in Thompson Creek's annual information
form for the year ended December 31, 2006 which is available on SEDAR at Although Thompson Creek has attempted to identify important
factors that could cause actual actions, events or results to differ
materially from those described in forward-looking statements, there may be
other factors that cause actions, events or results to differ from those
anticipated, estimated or intended. Forward-looking statements contained
herein are made as of the date of this news release and Thompson Creek
disclaims any obligation to update any forward-looking statements, whether as
a result of new information, future events or results or otherwise. There can
be no assurance that forward-looking statements will prove to be accurate, as
actual results and future events could differ materially from those
anticipated in such statements. Thompson Creek undertakes no obligation to
update forward-looking statements if circumstances or management's estimates
or opinions should change. Accordingly, the reader is cautioned not to place
undue reliance on forward-looking statements.

For further information:

For further information: Ian McDonald, Executive Chairman, Thompson
Creek Metals Company Inc., Tel: (416) 860-1438,; Wayne
Cheveldayoff, Director of Investor Relations, Thompson Creek Metals Company
Inc., Tel: (416) 860-1438, Toll free: 1-800-827-0992,;
Tina Cameron, Renmark Financial Communications Inc., Tel.: (514) 939-3989,

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