"Teghout" CJSC of Vallex Group is a mining company. It has been founded on 22 May, 2006 to provide more optimal investment conditions for Teghout mining and processing plant construction and copper-molybdenum deposit exploitation.
Its activities are mainly undertaken in Teghout and Shnogh communities and neighboring territories of Lori region.
By January 31, 2015 the company has around 1290 employees including: 142 employees from Teghout village, 263 employees from Shnogh village, 461 employees from Alaverdi city and nearly 450 employees from other communities.