In February, Armenia produced 887 tons of molybdenum concentrate, up by 7.9% MoM and by 6.4% YoY.

FeMo manufacture grew to 555 tons, by 14.2% MoM and by 51% YoY.

The increase is due to the growing demand in Europe, the main sales market for Armenia.

In January-February, molybdenum concentrate output dropped by 4.6% YoY, to 1709 tons, but FeMo increased by 46%, to 1041 tons. (Ukrainian metal)

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