【Flash | Armenia’s Molybdenum Concentrate Output Rises as Ferromolybdenum Production Slumps】
Armenia’s Statistical Committee reported Jan–Jul 2026 molybdenum concentrate output of 10,403.5 tonnes, up 25.2% YoY, while ferromolybdenum production fell 47.4% to 907.2 tonnes. SMM calculates that July concentrate output was about 1,517.5 tonnes, up 22.4% YoY, while ferromolybdenum output declined 27.1% to about 176.0 tonnes. The figures show a widening divergence between upstream concentrate and ferromolybdenum production. Concentrate tonnage represents product mass, not contained molybdenum.