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Falling Price of Molybdenum Translates into Huge Losses for Armenia |
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08 May 15, 17:06
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Falling Price of Molybdenum Translates into Huge Losses for Armenia
Despite the fall in prices, molybdenum remains an important component of Armenia’s economy. In 2014 Makour Yerkat paid 2.271 billion AMD ($4.7 million) in taxes, and Armenian Molybdenum Production paid 906 million AMD ($1.9 million).
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