Fluctuations in world metal prices still ensure profitability in ArmeniaJanuary 24, 2012 - 16:18 AMT PanARMENIAN.Net - Armenia considers various development scenarios amid fluctuations in world metal prices, Armenian Economy Minister said. “Total export volume to mining and metallurgical industry share grosses 50%,” Tigran Davtyan told a press conference in Yerevan. “Molybdenum prices drop while copper prices remain unchanged,” the Minister said, adding that current prices still ensure profitability. According to him, international metal market enables Armenian companies to gain profit and implement the investment programs launched.
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