Uzbek mining&metallurgical enterprise to upgrade copper smelting production
Uzbekistan, Tashkent, June 25 / corr Trend D.Azizov/
Almalyk mining and metallurgical enterprise, based in Almalyk, Tashkent region, will implement a project on upgrade of copper smelting production with the cost of $46 million by the end of 2011, the enterprise said.
The project envisages reconstructing and constructing sulfuric workshop. It will enable to increase the capacity of production by 2.8 times to 500,000 tons of sulphuric acid a year, as well as recycle the emitted sulphurous gas.
In accordance with the government's schedule, the feasibility study of the project should be submitted by the end of the third quarter and the tender to purchase the necessary equipment will be announced in December 2010.
The project will be financed through a $30 million loan of the Uzbekistan Fund for Reconstruction and Development and Almalyk's own funds in the amount of $16 million.
The company is the only copper producer in Uzbekistan. It produces refined copper (cathode), metallic zinc, lead concentrate and other products. The share of the combine is about 90 percent of the solver production and 20 percent of gold in the country. Almaly, which is the country's second gold and silver manufacturer, also produces molybdenum.
The enterprise incorporates two ore mines, two dressing works and two metallurgic plants with their own infrastructure.
The enterprise is authorized to carry out extractive work at copper-molybdenum and lead-zinc mines in the area of town Almalyk (the Tashkent district). The raw material base of the AMSE comprises copper-porphyritic ore mines Kalmakyr and Sari-Cheku (the Tashkent district) and lead-zinc-barite ore mine Uch-Kulach (the Jizak district).
The enterprise yields produce valued at more than $300 million a year. The enterprise is specialized in production of refined copper (cathodes), metallic zinc, lead concentrate and other produces. The enterprise exports around 60 percent of its output, including 5 percent as export to CIS states.
Almalyk increased production of refined copper by 17 percent in 2009 as compared to 2008 to 82,500 tons and reduced production of metallic zinc by three times to 19,100 tons.