President Shavkat Mirzieyev has reviewed the construction project of a metal plant on the basis of the Tebinbulak deposit in Karakapakstan.
The reserves of the deposit are estimated at 1.1 billion tons. It is planned to mine 33 million tons of ore there and produce 1.5 million tons of iron per year.
The capacity of the plant will be 900 thousand tons of rebars, 225 thousand tons of wire and 375 thousand tons of angles, channels, etc. The plant will create over 2 thousand jobs.
Some 35% of the products will be exported.
The Tebinbulak deposit was discovered in 1937. (Ukrainian metal)