TALCO Gold, the daughter company of the aluminum giant, increased its income almost 2.7-fold. Gold manufacture increased. According to the legislation, the volume of the output is kept secret. In January-April, TALCO Gold sold 298.7 million somoni (around $27.3 million) worth of gold and antimony, up by 188.8 million somoni YoY, or by 272%. The…
In 2021, Tajikistan decreased aluminum manufacture by 28% YoY, to 61 thousand tons. The drop was due to the delays in delivery of raw materials. In June 2021, the company reported inability to receive components from China needed for electrolyzers. Exports reached 50 thousand tons, down by 38 thousand tons. This year, TALCO plans to…
In 2019 Talco produced 100.8 thousand tons of aluminum, up by 5.8 thousand tons YoY. Last year the manufacturing process was slowed down by raw materials delivery delays from Turkmenistan. In particular, the company had to shut down 90 of its electrolysis baths. (Ukrainian metal)
Talco has decreased the output growth forecast this year from 20% to 5% because of problems with raw materials supplies and the drop in prices. Last year the company produced 95.8 thousand tons of aluminum. China Machinery Engineering Corp. intends to finance the modernization of the works valued at $545 million. The project presupposes the…
In January-September TALCO produced 72.5 thousand tons of aluminum, down by 3.6 thousand tons YoY. According to the company, the decrease is due to the capital repairs of machinery. The repair and modernization of 300 electrolysis baths is expected to have finished by the end of the year, and the growth in output will begin…
In January-June Tajik Aluminum Company produced 54.8 thousand tons of primary aluminum, down by 3 thousand tons YoY. The decrease in output has to do with the capital repairs of the machinery to reduce electricity consumption. The repair is expected to be completed this year, after that output will grow again. Some 48 thousand tons…
TALCO Gold plans to construct a precious metals extracting and processing works in the north of Tajikistan. Construction is expected to have been completed by the end of 2019. Around 1 thousand jobs will be created. TALCOo Gold is a part of Talco. The latter received the gold deposits on the territory of Aynin district…
The state enterprise TALCO and its subsidiaries have signed 5 contracts valued at $460 million with Uzbekistan companies. In particular, Uzbekneftegaz will finance the commissioning of 200 electrolytic baths. The total cost of this agreement, to be carried out in 2018-2020, is $320 million. Krantas Group will help create a joint venture to produce automobile…
