German steel maker ThyssenKrupp has thrown its support behind Moly Mines Ltd's delayed $1.1 billion Spinifex Ridge project by signing a 10 year offtake agreement and agreeing to invest equity in the project.

German steel maker ThyssenKrupp has thrown its support behind Moly Mines Ltd's delayed $1.1 billion Spinifex Ridge project by signing a 10 year offtake agreement and agreeing to invest equity in the project.