The President of the Republic of Uzbekistan signed a decree “On additional measures on further development of JSC “Almalyk MMC”.
The document was adopted in order to accelerate the sustainable development of production facilities of JSC “Almalyk MMC”, expanding the raw material base of the plant, attracting the advanced technologies in the development of deposits and deep processing of mineral resources, increasing export potential, creating new jobs and on this basis further socio-economic development of the city of Almalyk.
In addition, the State Committee of Uzbekistan on Geology and Mineral Resources jointly with JSC “Almalyk MMC” prepared proposals to accelerate the attraction of the deposit “Kizata” to the development process.
The document provides for the implementation of investment project “Development of “Yoshlik II” deposit with a total estimated cost equivalent to $420 million. Thousands of new jobs are set to be created due to the project. (UzReport/Ukrainian metal)
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