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…
In January-October TALCO aluminum output decreased by 23% YoY, to 85.6 thousand tons valued at 330.4 million somoni. According to the Ministry of Industry and New Technologies, in January-October 2017 output was 110 thousand tons. This year the company has processed over 6.8 thousand tons of aluminum, up by 1.6 thousand tons YoY. In 10…
In 2018 the Tajik Aluminum Company plans to start developing the Konchochskay group of deposits. The deposits have large reserves of gold, silver, mercury, antimony and other metals. “In 2018 we will start mining and processing gold, silver and antimony”, the company said. TALCO obtained the license to develop the deposits in December 2015. The…
Tajik Aluminum Company intends to increase aluminum output to 1 million tons per year. For this in 2018 it will start constructing a new aluminum plant and will completely modernize the existing one. The new plant will be constructed by Yunnan. The Chinese company has already prepared the feasibility study and is developing the design.…
TALCO intends to increase aluminum capacities to 300 thousand tons per year by 2020. According to a company representative Igor Sattarov, it has all the possibilities of reaching the goal thanks to the current economical situation, positive market prospects and implementation of the new aluminum manufacture technique. Previously TALCO capacity was 600 thousand tons of…
Tajikistan Aluminum Company is increasing primary aluminum output, the country main export product. According to the company representatives, the output increase is spurred by the world prices growth. “We have both resources and ability to increase output and reach the annual target by year-end”, TALCO information-analytical department director Igor Satarov said. This year the company…
In January-June the Tajik Aluminum Company produced 49.101 thousand tons of aluminum, down by 32.8% YoY. The decrease had to do with the world price jumps on aluminum and the usage of outdated technology, which makes TALCO products uncompetitive. According to the industry and new technologies minister Shavkat Bobozoda, the only aluminum manufacturer and the…
Last year’s blackout has reportedly cost the Tajik Aluminum Company (TALCO) more than $8 million. Over the first two months of this year, Tajik aluminum smelter has reduced aluminum production by 36.3% YoY, according to the Ministry of Industry and New Technologies (MoINT). In January-February, TALCO produced only 16,300 tons of primary aluminum, down by…