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Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
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MIC-Info: RSA-MD5,RSA,
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 FIooUP7VDPp66ZcpKpOPQg==

<SEC-DOCUMENT>0001209191-08-066610.txt : 20081219
<SEC-HEADER>0001209191-08-066610.hdr.sgml : 20081219
<ACCEPTANCE-DATETIME>20081219124638
ACCESSION NUMBER:		0001209191-08-066610
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20081217
FILED AS OF DATE:		20081219
DATE AS OF CHANGE:		20081219

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			General Moly, Inc
		CENTRAL INDEX KEY:			0001275229
		STANDARD INDUSTRIAL CLASSIFICATION:	METAL MINING [1000]
		IRS NUMBER:				910232000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		1726 COLE BOULEVARD
		STREET 2:		SUITE 115
		CITY:			LAKEWOOD
		STATE:			CO
		ZIP:			80401
		BUSINESS PHONE:		(303) 928-8599

	MAIL ADDRESS:	
		STREET 1:		1726 COLE BOULEVARD
		STREET 2:		SUITE 115
		CITY:			LAKEWOOD
		STATE:			CO
		ZIP:			80401

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	IDAHO GENERAL MINES INC
		DATE OF NAME CHANGE:	20040526

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	IDAHO GENERAL  MINES INC
		DATE OF NAME CHANGE:	20040105

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			ArcelorMittal Treasury SNC
		CENTRAL INDEX KEY:			0001420578
		STATE OF INCORPORATION:			I0
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-32986
		FILM NUMBER:		081259934

	BUSINESS ADDRESS:	
		STREET 1:		1 ? 5, RUE LUIGI CHERUBINI
		STREET 2:		SAINT DENIS
		CITY:			ST. DENIS
		STATE:			I0
		ZIP:			93200
		BUSINESS PHONE:		33 01 7192 0000

	MAIL ADDRESS:	
		STREET 1:		1 ? 5, RUE LUIGI CHERUBINI
		STREET 2:		SAINT DENIS
		CITY:			ST. DENIS
		STATE:			I0
		ZIP:			93200
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>c78539_4x0.xml
<DESCRIPTION>MAIN DOCUMENT DESCRIPTION
<TEXT>
<XML>
<?xml version="1.0"?>
<ownershipDocument>

    <schemaVersion>X0303</schemaVersion>

    <documentType>4</documentType>

    <periodOfReport>2008-12-17</periodOfReport>

    <notSubjectToSection16>1</notSubjectToSection16>

    <issuer>
        <issuerCik>0001275229</issuerCik>
        <issuerName>General Moly, Inc</issuerName>
        <issuerTradingSymbol>GMO</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0001420578</rptOwnerCik>
            <rptOwnerName>ArcelorMittal Treasury SNC</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>1 A 5, RUE LUIGI CHERUBINI</rptOwnerStreet1>
            <rptOwnerStreet2>SAINT DENIS</rptOwnerStreet2>
            <rptOwnerCity>ST. DENIS</rptOwnerCity>
            <rptOwnerState>I0</rptOwnerState>
            <rptOwnerZipCode>93200</rptOwnerZipCode>
            <rptOwnerStateDescription>FRANCE</rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>0</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>1</isOther>
            <otherText>Former 10% Owner</otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <nonDerivativeTable>
        <nonDerivativeTransaction>
            <securityTitle>
                <value>Common Stock, $0.001 Par Value Per Share</value>
            </securityTitle>
            <transactionDate>
                <value>2008-12-17</value>
            </transactionDate>
            <transactionCoding>
                <transactionFormType>4</transactionFormType>
                <transactionCode>S</transactionCode>
                <equitySwapInvolved>0</equitySwapInvolved>
            </transactionCoding>
            <transactionAmounts>
                <transactionShares>
                    <value>8256699</value>
                    <footnoteId id="F1"/>
                </transactionShares>
                <transactionPricePerShare>
                    <value>1.08</value>
                    <footnoteId id="F2"/>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
                </transactionAcquiredDisposedCode>
            </transactionAmounts>
            <postTransactionAmounts>
                <sharesOwnedFollowingTransaction>
                    <value>0</value>
                </sharesOwnedFollowingTransaction>
            </postTransactionAmounts>
            <ownershipNature>
                <directOrIndirectOwnership>
                    <value>D</value>
                </directOrIndirectOwnership>
            </ownershipNature>
        </nonDerivativeTransaction>
    </nonDerivativeTable>

    <derivativeTable></derivativeTable>

    <footnotes>
        <footnote id="F1">On December 17, 2008, ArcelorMittal Treasury SNC (&quot;ArcelorMittal Treasury&quot;), a wholly owned indirect subsidiary of ArcelorMittal S.A. (&quot;ArcelorMittal&quot;), sold all of its shares of common stock, $0.001 par value per share (the &quot;Common Stock&quot;) of General Moly, Inc. (the &quot;Issuer&quot;) to AMO Holding 7 S.A., another wholly owned indirect subsidiary of ArcelorMittal.  Accordingly, ArcelorMittal Treasury no longer beneficially owns any shares of Common Stock of the Issuer.</footnote>
        <footnote id="F2">The price per share was calculated based upon $1.4358 per Euro, which was the daily 12 noon buying rate in New York on December 17, 2008, as reported by the Federal Reserve Bank of New York.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Albert Rinen as Permanent Representative of the majority-owner manager of ArcelorMittal Treasury SNC</signatureName>
        <signatureDate>2008-12-19</signatureDate>
    </ownerSignature>

    <ownerSignature>
        <signatureName>/s/ Thierry Royer as Director of ArcelorMittal Treasury SNC</signatureName>
        <signatureDate>2008-12-19</signatureDate>
    </ownerSignature>
</ownershipDocument>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
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