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: Almalyk repairing rare metals shop

In March Almalyk Iron and Steel Works started construction of the roasting furnace No. 4 in the rare metals shop of the copper smelting works.

The shop operates 3 furnaces with the capacity of 1800 tons of molybdenum product per year.

Another furnace will increase molybdenum product processing by 30% per year. (Ukrainian metal)

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…