Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

o Rule 13d-1(b)

þ Rule 13d-1(c)

o Rule 13d-1(d)

*The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

The information required in the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (the “Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

 

 

SCHEDULE 13G

CUSIP No.		370373102

SCHEDULE 13G

CUSIP No.		370373102

SCHEDULE 13G

CUSIP No.		370373102

The information set forth herein regarding percentages of beneficial ownership is based upon the number of shares of Common Stock of the Issuer outstanding as of October 27, 2008, as reported in the Issuer’s Quarterly Report on Form 10-Q for the Quarter ended September 30, 2008.

Item 1.

(a) Name of Issuer: General Moly, Inc.

(b) Address of Issuer’s Principal Executive Offices: 1726 Cole Boulevard, Suite 115, Lakewood, CO 80401

Item 2.

(a)

Name of Person Filing:

(1) ArcelorMittal S.A.

(2) ArcelorMittal Treasury SNC

(3) AMO Holding 7 S.A.

(b)

Address of Principal Business Office or, if none, Residence:

(1) 19, Avenue de la Liberté, L-2930 Luxembourg, Grand Duchy of Luxembourg

(2) 1 à 5, rue Luigi Cherubini, Saint Denis 93200, St. Denis, France

(3) 19, Avenue de la Liberté, L-2930 Luxembourg, Grand Duchy of Luxembourg

(c)

Citizenship:

(1) Luxembourg

(2) France

(3) Luxembourg

(d)		Title of Class of Securities: Common Stock
(e)		CUSIP Number: 370373102

Item 3. If this statement is filed pursuant to §§240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

(a)		o Broker or dealer registered under Section 15 of the Act (15 U.S.C. 78o).
(b)		o Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).
(c)		o Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).
(d)		o Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).
(e)		o An investment adviser in accordance with §240.13(d)-1(b)(1)(ii)(E).
(f)		o An employee benefit plan or endowment fund in accordance with §240.13d-1(b)(1)(ii)(F).
(g)		o A parent holding company or control person in accordance with §240.13d-1(b)(1)(ii)(G).
(h)		o A savings association as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813).
(i)		o A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3).
(j)		o Group, in accordance with §240.13d-1(b)(1)(ii)(J).

Item 4. Ownership.

     Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

(a)		Amount Beneficially Owned: 8,256,699
(b)		Percent of Class: 11.49%
(c)		Number of shares as to which the person has:

	(i)		sole power to vote or to direct the vote: 0
	(ii)		shared power to vote or to direct the vote: 8,256,699
	(iii)		sole power to dispose or to direct the disposition of: 0
	(iv)		shared power to dispose or to direct the disposition of: 8,256,699

Item 5. Ownership of Five Percent or Less of a Class.

     If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following þ.

     On December 17, 2008, ArcelorMittal Treasury sold all of its shares of Common Stock of the Issuer to AMO Holding. Accordingly, ArcelorMittal Treasury no longer beneficially owns any shares of Common Stock of the Issuer.

Item 6. Ownership of More than Five Percent on Behalf of Another Person.

     No other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the shares of Common Stock held by the filing persons.

Item 7. Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on By the Parent Holding Company.

     Not applicable.

Item 8. Identification and Classification of Member of the Group.

     Not applicable.

Item 9. Notice of Dissolution of Group.

     Not applicable.

Item 10. Certification.

     By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

SIGNATURE

     After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dated:

December 19, 2008		ARCELORMITTAL S.A.
		/s/ Egbert Jansen   Name: Egbert Jansen
		Title: Authorized Representative
		/s/ Christophe Cornier
		Name: Christophe Cornier
		Title: Authorized Representative
		ARCELORMITTAL TREASURY SNC
		/s/ Albert Rinen
		Name: Albert Rinen
		Title: Permanent Representative of the majority- owner manager of ArcelorMittal Treasury SNC
		/s/ Thierry Royer
		Name: Thierry Royer
		Title: Director
		AMO HOLDING 7 S.A.
		/s/ Alain Gilniat
		Name: Alain Gilniat
		Title: Director
		/s/ Egbert Jansen
		Name: Egbert Jansen
		Title: Director

EXHIBIT A

JOINT FILING AGREEMENT

     The undersigned hereby agree that the Statement on Schedule 13G, dated December 19, 2008, with respect to the shares of common stock, $0.001 par value per share, of General Moly, Inc. is, and any amendments thereto executed by each of us shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, and that this Agreement shall be included as an Exhibit to the Schedule 13G and each such amendment. Each of the undersigned agrees to be responsible for the timely filing of the Schedule 13G and any amendments thereto, and for the completeness and accuracy of the information concerning itself contained therein. This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.

     IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the 19th day of December, 2008.

		ARCELORMITTAL S.A.
		/s/ Egbert Jansen   Name: Egbert Jansen
		Title: Authorized Representative
		/s/ Christophe Cornier
		Name: Christophe Cornier
		Title: Authorized Representative
		AMO HOLDING 7 S.A.
		/s/ Alain Gilniat
		Name: Alain Gilniat
		Title: Director
		/s/ Egbert Jansen
		Name: Egbert Jansen
		Title: Director

EXHIBIT B

JOINT FILING AGREEMENT

     The undersigned hereby agree that the Statement on Schedule 13G, dated December [7], 2007, with respect to the shares of common stock, par value $0.001 per share, of General Moly, Inc. is, and any amendments thereto executed by each of us shall be, filed on behalf of each of us pursuant to and in accordance with the provisions of Rule 13d-1(k)(1) under the Securities Exchange Act of 1934, as amended, and that this Agreement shall be included as an Exhibit to the Schedule 13G and each such amendment. Each of the undersigned agrees to be responsible for the timely filing of the Schedule 13G and any amendments thereto, and for the completeness and accuracy of the information concerning itself contained therein. This Agreement may be executed in any number of counterparts, all of which taken together shall constitute one and the same instrument.

     IN WITNESS WHEREOF, the undersigned have executed this Agreement as of the [7]^th day of December, 2007.

		ARCELORMITTAL S.A.
		/s/ Eldert Sjoerd de Vries   Name: Eldert Sjoerd de Vries
		Title: Authorized Representative
		/s/ Alain Bouchard
		Name: Alain Bouchard
		Title: Authorized Representative
		ARCELORMITTAL TREASURY SNC
		/s/ Eldert Sjoerd de Vries
		Name: Eldert Sjoerd de Vries
		Title: Director