Monthly Archives: April 2012

General Moly should begin construction on its world class Mt. Hope molybdenum mine in mining friendly Nevada later this year. Mt. Hope is considered one of the largest and highest grade moly mines in the world. Many major institutions such as Posco, Hanlong, Arcelor Mittal and Sojitz have done their due diligence in this asset and are confident investing taking a long term approach. This provides General Moly with strong financial backers from Korea and China.