"ALMALYK MINING AND METALLURGICAL COMBINE" JSC

"OLMALIQ KON-METALLURGIYA KOMBINATI" JSC

Uzbekistan is a country with very favourable natural and geographical conditions among Central Asian countries. Our country has great reserves of underground resources. Our country possesses reserves of natural gas, brown and stone coal, gold, copper, tungsten, bismuth, and open oil mining fields.

In particular, from ancient times the Almalyk region is considered as an area specialized in mining. Many ancient findings dating back to the IX-XII centuries BC, and traces of the ore mining activity are mentioned everywhere. This is an evidence that in ancient times there happened the rapid excavation of copper, lead, zinc, gold, silver, iron, amethyst, turquoise and other minerals in Almalyk. Almost all ore deposits processed by the Combine have been discovered on time in the footsteps of those ancient deposits.

The mining and metallurgical industries in our country are developing from year to year. Specifically, mining metallurgists representing more than 40 nationalities are working in the Almalyk Mining and Metallurgical Combine, the flagship of the Uzbek non-ferrous metallurgy, combining about 38,000 miners. JSC "Almalyk MMC" is one of the largest industrial enterprises of Uzbekistan, which has made a worthy contribution to the development of economic potential of our country during its 70-year history and its production capacity is based on copper-molybdenum, lead-zinc, gold and silver mining situated in Tashkent, Jizzakh, Namangan and Surkhandarya regions.

Almost all of the elements in the Mendeleev periodic table are found in the ore mined at these combine fields, specializing in the production and processing of rare, colourful and precious metals in the heart of our Motherland.

Almalyk Mining and Metallurgical Combine, which has six mines, five enrichment complexes, three metallurgical plants, mainly export-oriented copper pipes, and cement producer Jizzakh and Sherobod cement factories, are equipped with state-of-the-art vehicles, with 7 motorized vehicles, The Railroad Transport Administration, which incorporates 3 railway workshops, and about 40 auxiliary facilities, workshops and departments. They are the Combine Localization Program Centre Repairing Mechanical Plant, Limestone Plant, which supplies lime raw materials for our enterprises, Explosive materials factory, which facilitates the mines' work, as well as the Thermal Power Plant, Industrial Water Supply, Electricity Network Administration, Capital Construction Administration, Combine and the Almalyk Mining and Metallurgy Trust, the Department for Specialized Repair Works, and others.

In addition, Almalyk MMC joint-stock company jointly with joint ventures such as "KNOW-HOW IN PRODUCTION PROCESS", OOO "AWP", LLC "HPC SYSTEMS" manufactures exportable copper sulphate, sanitary ware, armature and cable products in accordance with international standards.

The gold and silver producing in the combine have a quality label of the London gemstone stock exchange, that is "Good Supplier". In the copper production process has been introduced quality management system and received an International Compliance Certificate. This certificate of conformity is also given to the Combine’s cement production process in Jizzakh.

The team of experts, including metallurgists, miners, and leading scientists in the field of precious metal mining, developed a program for the long-term modernization of the Almalyk Mining and Metallurgy Combine. The program envisages introduction of advanced foreign experience in the production and processing of precious metals.

According to preliminary calculations, more than 300 million dollars will be oriented to implement this program. It will allow increase the production of copper from 109 thousand tons up to 140 thousand tons per year, production of zinc metal from 78 thousand tons up to 120 thousand tons, sulfuric acid production almost twice - from 845 thousand tons to 1.6 million tons.

Extraction and processing of precious and rare metals will increase 1.3 times compared to previous years.

Revenues from sales of products will increase by 1.5 times to 12 trillion UZS. The volume of revenues to the state budget will increase by 1.4 times and exceed 5 trillion UZS. The net profit of the Combine will also increase by 1.4 times and will make up 1.6 trillion UZS.

Seven prospective investment projects are currently underway on the development and mastering of new deposits, including Yoshlik 1 (23 million tons of copper-molybdenum) and Yoshlik 2 (2 million tons of copper-molybdenum).

The management of JSC "Almalyk MMC" will now work to ensure the implementation of measures in the social sphere, to work closely with the staff of the central staff, from the basic to the employees of the central office, to modernize production, to increase production capacity and export, as well as the support they provide.