Ownership Submission
FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  AMO Holding 7 S.A
2. Date of Event Requiring Statement (Month/Day/Year)
12/17/2008
3. Issuer Name and Ticker or Trading Symbol
General Moly, Inc [GMO]
(Last)
(First)
(Middle)
19 AVE DE LA LIBERTE, L-2930 LUXEMBOURG
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed(Month/Day/Year)
(Street)

R.C.S. LUXEMBOURG, N4 00000
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock, $0.001 Par Value Per Share 8,256,699 (1)
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
AMO Holding 7 S.A
19 AVE DE LA LIBERTE
L-2930 LUXEMBOURG
R.C.S. LUXEMBOURG, N4 00000
    X    

Signatures

/s/ Alain Gilniat as Director of AMO Holding 7 S.A. 12/19/2008
**Signature of Reporting Person Date

/s/ Egbert Jansen as Director of AMO Holding 7 S.A. 12/19/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) On December 17, 2008, ArcelorMittal Treasury SNC, a wholly owned indirect subsidiary of ArcelorMittal S.A. ("ArcelorMittal"), sold all of its shares of common stock, $0.001 par value per share (the "Common Stock") of General Moly, Inc. (the "Issuer") to AMO Holding 7 S.A. ("AMO Holding"), another wholly owned indirect subsidiary of ArcelorMittal. Accordingly, AMO Holding now beneficially owns the shares of Common Stock of the Issuer set forth in this Form 3.

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