International rating agency Sustainable Fitch has affirmed the sustainability rating (Entity Rating) of Almalyk Mining and Metallurgical Complex JSC at level “3” while raising the company’s overall entity score from 56 to 59 points. The rating decision reflects the company’s systematic efforts to improve its sustainable development strategy, as well as progress achieved in environmental,…
JSC “Almalyk Mining and Metallurgical Combine” (AGMK) recorded a significant improvement in financial performance in 2025, reporting a net profit of 11.6 trillion sums, an increase of 50.5% compared to 2024. The most pronounced growth occurred in the fourth quarter, with the company earning 3.3 trillion sums over the last three months of the year,…
The Almalyk Mining and Metallurgical Complex (AGMK) has denied reports of possible violations in the conclusion of foreign contracts totaling over $200 million, allegations previously raised by the international investigative journalism network OCCRP. The OCCRP report suggested that some tenders might have been awarded to foreign companies exhibiting characteristics of “shell firms” registered in the…
A meeting was held at the headquarters of JSC Almalyk Mining and Metallurgical Plant (AGMK) to summarize the plant’s performance in 2025 and identify priority tasks for 2026. The meeting was attended by management, department heads, and specialists. Speaking at the event, Abdulla Khursanov, Chairman of the Board of JSC Almalyk Mining and Metallurgical Plant,…
Almalyk Mining and Metallurgical Combine JSC (AGMK) recorded a net profit of 8.3 trillion sums in the first nine months of 2025, representing a 35.1% increase compared to the same period in 2024. In the third quarter alone, the company’s profit reached 3.8 trillion sums, up by 50.1% YoY. Meanwhile, export revenue declined to $377.8…
Primary marketable output of the JSC Almalyk Mining and Metallurgical Company in the first nine months of 2025 reached 35,349.86 billion sums. This constitutes 119.9% of the forecast. Consumer goods manufacture amounted to 6.69 billion sums (118% of forecast). During the reporting period, exports totaled $377.8 million, exceeding the forecast by 102.4%. As of the…
The team of the Almalyk Mining and Metallurgical Plant successfully completed the first nine months of this year, meeting and exceeding all production forecasts. Specifically, over 35 trillion sums worth of commercial output were produced during the reporting period, representing 119.9% of the forecast. Consumer goods output reached 6,685,568,000 sums, exceeding the forecast by 118%.…
Uzbekistan is preparing to open Copper Processing Plant-3 (CPP-3) at the Almalyk Mining and Metallurgical Complex (Almalyk GMK) as part of the development of the “Yoshlyk I” deposit. President Shavkat Mirziyoyev announced this on September 24 during a meeting with scholarship recipients of the “El-Yurt Umidi” Foundation in New York. The President noted that copper…