Pure Iron Factory OJSC Logo

Pure Iron Factory OJSC

ISIN: AMMQERS10ER0 | Ticker: MQER

About Pure Iron Factory OJSC

Company Description

“Plant of Pure Iron” OJSC is a leading enterprise in processing molybdenum concentrate in the Republic of Armenia. It is the first to start producing Ferromolybdenum, and so far it is the only that produces molybdenum metal.

Adopting a sustainable development path for Plant of Pure Iron, we process and implement a number of programs, which prepare our transition from molybdenum concentrate into production of other valuable products (rhenium from fumes, copper from waste, molybdenum sheets from molybdenum metal).

At the same time we are taking persistent actions to bring to the minimum the loss of molybdenum and valuable materials during the processing, thus solving both environmental and economic problems.

Year founded

1968

Served area

Worldwide

Shareholder information

Shares outstanding

69,093

IPO

July 7, 2001

Stock exchange(s)

Armenia Securities Exchange

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