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ARMENIAN MOLYBDENUM PRODUCTION COMPANY INTENDS TO IMPORT MOLYBDENUM
CONCENTRATE TO ARMENIA
YEREVAN, DECEMBER 15. ARMINFO. Armenian Molybdenum Production (AMP)
intends to begin the import of molybdenum concentrate to Armenia next
year. General Director and co-founder of AMP Karen Karapetian informed
ARMINFO.
According to him, the import is economically purpose-orientated and
technically based at the current high world prices for metal. It is
possible to import raw material from Chile, Canada, Mongolia or China.
AMP is engaged in receiving ferromolybdenum, molybdenum oxide and
rhenium. The plant receives raw material from the Zangezour
copper-molybdenum pant and monthly processes about 200 tons of
molybdenum concentrate. Karapetian mentioned that 600 tons of
concentrate is extracted per a month. After the privatization of the
plant the extraction volumes will be brought to 1,000-1,200
tons. AMP's share in the capital of the ZCMP is 12.5%.
It should be noted that the Armenian Molybdenum Production was founded
last year in the suburb of Yerevan and $2 mln has been invested for
its foundation. The product of the plant meet the European standards
and fully exported to Japan, Germany, Austria, Sweden and Italy.
CONCENTRATE TO ARMENIA
YEREVAN, DECEMBER 15. ARMINFO. Armenian Molybdenum Production (AMP)
intends to begin the import of molybdenum concentrate to Armenia next
year. General Director and co-founder of AMP Karen Karapetian informed
ARMINFO.
According to him, the import is economically purpose-orientated and
technically based at the current high world prices for metal. It is
possible to import raw material from Chile, Canada, Mongolia or China.
AMP is engaged in receiving ferromolybdenum, molybdenum oxide and
rhenium. The plant receives raw material from the Zangezour
copper-molybdenum pant and monthly processes about 200 tons of
molybdenum concentrate. Karapetian mentioned that 600 tons of
concentrate is extracted per a month. After the privatization of the
plant the extraction volumes will be brought to 1,000-1,200
tons. AMP's share in the capital of the ZCMP is 12.5%.
It should be noted that the Armenian Molybdenum Production was founded
last year in the suburb of Yerevan and $2 mln has been invested for
its foundation. The product of the plant meet the European standards
and fully exported to Japan, Germany, Austria, Sweden and Italy.