Tashkent, Uzbekistan, Feb.10
By Demir Azizov- Trend:
Almalyk Mining and Metallurgical Combine (AMMC, Almalyk city, Tashkent region) has completed construction of a new plant for producing sulfuric acid on the smelter worth $72.23 million, according to the plant.
Construction of a department with design production capacity of 500,000 metric tons per year was carried out by the German Outotec GmbH under the contract with the AMMC, which envisaged the design and supply of equipment on a "turnkey."
The project was financed by the Uzbek Fund for Reconstruction and Development's loan worth $30 million for seven years with a two- year grace period and an interest rate of 4 percent per annum, the Uzbek banks and AMMC equity in the amount of $21.2 million.
The need to build a new plant was due to deterioration of the existing sulfuric acid plants, as well as the expansion of the production capacity of non-ferrous and precious metals of the AMMC.
Almalyk MMC is the only copper producer in Uzbekistan and one of the largest manufacturers of non-ferrous metals in Central Asia. The enterprise produces refined copper (cathode), zinc metal, lead concentrate and other products. Almalyk MMC accounts for 90 percent of silver and 20 percent of gold production in the country.
The structure of the combine consists of two mining enterprises, two processing plants and two metallurgical plants. Its resource base is formed by Kalmakyr and Sary Cheku copper-porphyry ore fields (Tashkent region), Uch-Kulach lead-zinc-barite ore field (Djizak region).
The total volume of the production is estimated at more than $300 million a year. The combine exports about 60 percent of output, 5 percent of which is exported to the CIS countries.
Edited by CN