Uzbekistan: Almalyk Mining and Metallurgical Combine left with full profit

The Ministry of Finance and the State Committee of Uzbekistan on Privatization, Demonopolization and Development of Competition left the Almalyk Mining and Metallurgical Combine with full net profit for 2017. Last year the combine earned 124 billion soums of net profit. Of this money, 88.2% (state share) – 109.4 billion soums – were decided to…

Tajikistan: loan needed to prospect alumina deposit

Tajikistan needs some $500 thousand to complete the prospecting works at the Kurgovad deposit. The deposit has large resources of alumina, the main raw material for the manufacture of aluminum. The project aims among other thing at “solving current economic and social issues of development of Tajikistan, mastering the manufacture of competitive products to replace…