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    market news

    Armenia Reports 857,000 Tons Moly Reserves

    Investing News Network
    Dec. 27, 2011 11:53AM PST
    Industrial Metals Investing

    News.am reported that Armenia has proven moly reserves of 857,000 tons.

    News.am reported that Armenia has proven moly reserves of 857,000 tons.

    As quoted in the market news:

    The reserves, production of which is now economically feasible, constitute 82% of that amount – about 725 thousand tons, while prospective reserves (category P1) total 3.1 tons.

    Click here to read the full News.am report.

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