Uzbekistan completes construction of copper pipe plant
Tashkent, Uzbekistan, Jan.8
By Demir Azizov- Trend:
Uzbekistan's Almalyk Mining and Metallurgical Combine (AMMC) has completed construction of a copper tube production plant worth $35.5 million, AMMC Director General Alexander Farmanov said in his interview with the combine's press service.
"With the construction of the plant, we will open up the production of a new product of copper pipes with a diameter from 4.5 to 50 millimetres. Most of this product being around 90-95 percent, will be exported," the director general said.
It was reported that the combine started construction of the production of copper pipes with a capacity of 8,000 tons per year in the Angren free industrial zone (Tashkent region) in early 2013.
China's Jiangsu Xingrong High Tech Co., Ltd delivered "turnkey" technological equipment and SAM Building Contracting LLC (UAE) carried out the construction work.
The project was be financed by Almalyk Mining and Metallurgical Plant's own funds to the amount of $10.28 million and loans of the Uzbek "Mortgage Bank" delivered in freely convertible currency and the national currency worth $ 25.2 million.
Almalyk MMC is the only copper producer in Uzbekistan and one of the largest manufacturers of non-ferrous metals in Central Asia. The AMMC accounts for nearly 90% of silver production and 20% of gold production in the country. The plant is composed of two mining companies, two processing plants and two metallurgical plants.
The copper-porphyry ore Kalmakyr and Sari-Cheku fields (Tashkent region) and lead-zinc-barite ore Uch-Kulach field (Djizzak) are the raw material base.
Translated by M.L.
Edited by S.M.