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Russian company to build mining complex in Uzbekistan

Uzbekistan Materials 8 April 2017 15:02 (UTC +04:00)

Tashkent, Uzbekistan, Apr. 8

By Demir Azizov – Trend:

Almalyk Mining and Metallurgical Combine (AMMC) and Russia’s RIVS scientific and production association signed a framework agreement on cooperation regarding construction of a mining and processing complex worth $500 million, a representative of the AMMC told Trend.

The complex will be built on the basis of the Dalneye porphyry copper deposit in the Tashkent region of Uzbekistan.

It was previously reported that the agreement was signed in anticipation of the state visit of Uzbek President Shavkat Mirziyoyev to Russia.

In accordance with the agreement, the RIVS association will be general contractor of the construction of the mining and processing complex on a turnkey basis, said the AMMC representative.

The specified cost of the contract is preliminary, and its final cost will be known after the project’s feasibility study is prepared.

Preliminary technical and economic calculation (PTEC) of the Dalneye deposit’s development project is being prepared by the Giprotsvetmet OJSC (one of Russia’s leading institutes on design of the enterprises of non-ferrous metallurgy) under the contract with the AMMC.

The development of the PTEC should be completed in September 2017.

It was earlier reported that the AMMC plans to carry out a project worth $1.696 billion to develop the Dalneye deposit by 2029. According to preliminary calculations, when reaching the designed capacity, the deposit will produce 15 million tons of ore per year.

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