Uzbekistan: Sustainable Fitch assigns AGMK ESG entity rating of 3

Sustainable Fitch has assigned JSC Almalyk Mining and Metallurgical Complex (AGMK) an ESG Entity Rating of 3 and an entity score of 56. This reflects the company’s sustainable development strategy and good governance and environmental profiles, balanced against the inherent environmental challenges of the mining and metallurgical sector. The assessment includes the company’s eligibility and…

Uzbekistan: construction of 4th copper-processing plant begins at Almalyk

On October 15, President Shavkat Mirziyoyev got acquainted with the activities of the Almalyk Mining and Metallurgical Complex and new investment projects. Economic reforms are yielding results in all sectors. Over the past six years, the volume of industrial output at the Almalyk plant has increased 1.8-fold, localization 7.7-fold and investments 13-fold. More than 70…