Uzbek Mining Metallurgical Plant plans to develop new copper deposit
Uzbekistan, Tashkent, Nov 27 /Trend D.Azizov/
Almalyk Mining and Metallurgical Combine (AMMC, Almalyk city, Tashkent region) plans to develop a new copper mine Dalnee in the Tashkent region in late 2014, a representative plant told Trend on Tuesday.
The Dalnee deposit is considered as a reserve to fill retired capacities of the main raw materials base of the plant - mines Kalmakyr and Sary Ceku.
It is planned to increase production capacity to 10 million tones per year in the frame of the first phase of the project - in 2014-2019.
In total, it is planned to reach a level of 35 million tons of ore annually in the frame of the project with estimate cost of $330 million.
Currently the experts of the plant started to develop a feasibility study for the project.
The construction of associated transport infrastructure, as well as the purchase of mining equipment will be required for the implementation of the project.
The project will be financed through the loans of the Fund for Reconstruction and Development of Uzbekistan, Uzbek banks and equity of AMMC.