Uzbekistan: Almalyk launches unique ferromolybdenum manufacture

Almalyk Mining and Processing Works has implemented a new technique to produce ferromolybdenum. Ferromolybdenum powder is made on the basis of processing molybdenum-containing wastes originating when producing molybdenum. Ferromolybdenum is an alloy containing 50-70% of molybdenum. The company has launched the manufacture of 2 thousand kg of ferromolybdenum per month. So far, 5500 kg has…

Uzbekistan: Almalyk export forecast exceeded

In January, Almalyk Mining and Processing Works exceeded its export forecast by 31%. AGMK products are exported to Turkey, Russia, Belarus, Kazakhstan, Bulgaria, Azerbaijan, Kyrgyzstan, Poland, Tajikistan, the Netherlands and China. The company has also entered new markets of Spain, Austria, Singapur, Finland, South-African Republic and Senegal. In January, exports totaled $45.1 million. In particular,…

Uzbekistan: VEB.RF to give $800 to Almalyk

The Russian state corporation VEB.RF will provide $800 million to Almalyk Mining and Processing Works for construction of the copper-processing factory. Earlier, the enterprise concluded a contract with UZTM-Kartex (Uralmashzavod) and Enter Engineering for $2 billion for the financing of the construction and delivery of machinery in 2022. Enter Engineering will build the factory, while…