New Uzbek complex to mine 33M tons of ore

Business Materials 21 August 2019 10:28 (UTC +04:00)

Baku, Azerbaijan, Aug 21

By Fakhri Vakilov-Trend:

It is planned to mine 33 million tons of ore per year and receive 1.5 million tons of iron from it, at the new mining and metallurgical complex based on the Tebinbulak deposit in the Karauzyak district of Karakalpakstan region in Uzbekistan, Trend reports citing the presidential press service country.

President Shavkat Mirziyoyev got acquainted with the construction project during his visit to Karakalpakstan.

"The resource reserve of the deposit is estimated at 1.1 billion tons. According to preliminary estimates, it is planned to extract 33 million tons of ore per year and get 1.5 million tons of iron from it," read the message.

The companies involved in the development and implementation of the project are DMT-Group Consulting (Germany) and Horst Wiesinger Consulting (Austria). During the meeting with the companies' specialists, Shavkat Mirziyoyev noted the need to apply advanced scientific achievements in the construction of the complex, to create a scientific and practical school in the field of production of iron products.

The head of state also gave instructions on developing a deeply thought-out feasibility study for the project, attracting mainly young talents to its implementation.

The mining and metallurgical complex will have an annual production capacity of 900,000 tons of fittings, 225,000 tons of wire, and 375,000 tons of corners, channels and other materials.

The project will contribute to the substitution of a significant volume of imports and the sustainable development of industry. The complex will provide work for more than 2,000 people. It is planned to export 35 percent of the products.


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