Zangezur Copper and Molybdenum Combine
Zangezur Copper-Molybdenum Combine (ZCMC) is the largest mining company in Armenia and one of the 10 leading molybdenum producers in the world.The history of ZCMC goes back to the Soviet era.Zangezur Copper-Molybdenum Combine is located in the southwestern part of Armenia, in the city of Kajaran of the Syunik region of Armenia, 30 km west of the regional center Kapan and about 350 km from the capital Yerevan.The annual production as of 2023 is 22 million tons of ore per annum.Since 2022, most of the shares of the Zangezur Copper-Molybdenum Combine belong to the GeoProMining Gold group of companies.