General Moly seeks new Mt. Hope finance partner

Apr 04, 2013 | 04:13 PM | Daniel Fitzgerald

Tags  General Moly, Mount Hope project, Bruce Hansen, Sichuan Hanlong, China Development Bank, Liu Han, molybdenum, Daniel Fitzgerald

NEW YORK — General Moly Inc. is looking for another Chinese financing partner for its Mount Hope project, and is also extending to November the maturity date of an outstanding $10-million bridge loan.

The Lakewood, Colo.-based company is working with Chengdu, China-based Sichuan Hanlong (Group) Co. Ltd. "to secure another Chinese strategic partner to help advance the full financing of the Mount Hope project," General Moly chief executive officer Bruce Hansen said.....

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