Uzbekistan: AGMK starts second stage of Kalmakyr mine railroad infrastructure construction

Almalyk Iron and Steel Works has started carrying out the second stage of the railroad infrastructure construction to the Kalmakyr mine. Kalmakyr Mine is the largest mining enterprise in the CIS, the base of Uzbek non-ferrous metallurgy. In 2016 the mine design capacity was increased to 30 million tons of ore per year. Under the…

Uzbekistan: AGMK and South Korea to create innovative center to study rare metals

Korea Institute for Rare Metals (KIRAM) and Almalyk Mining and Processing Works will create a joint scientific center on rare metals and alloys. The corresponding agreement has already been signed. The center will comprise 5 laboratories to obtain refractory metals, in particular, tungsten and molybdenum, as well as alloys using nano- and chemical-metallurgical techniques. (Ukrainian…

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…

Uzbekistan creating single service to explore uranium, non-ferrous and precious metals

A single service for geological exploration of uranium, precious and non-ferrous metals will be created in Uzbekistan under the State Geology and Mineral Resources Committee, according to the decree of Uzbek President Shavkat Mirziyoyev. The decree published on June 16 reads that the Scientific and Production Center “Geology of Precious Metals and Uranium” of the…