Metals & Mining

Mon, 03/08/2010 - 13:14

Hanlong to acquire stake in American molybdenum miner

Shanghai. March 8. INTERFAX-CHINA - Hanlong (USA) Mining Investment Inc., a wholly-owned subsidiary of Sichuan Hanlong Group Co. Ltd. (Hanlong), has signed an agreement to acquire a 25 percent stake in American mineral company General Moly Inc. for $80 million, the companies jointly announced on March 5.

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