Uzbekistan’s Almalyk company boosts export by over 1.5 times

Business Materials 16 October 2019 17:46 (UTC +04:00)

Baku, Azerbaijan, Oct. 16

By Fakhri Vakilov - Trend:

The export of the Almalyk Mining and Metallurgical Complex (MMC) has grown more than 1.5 times compared to 2018 and amounted to $655 million, Trend reports citing the company.

The plant overfulfilled the export plan for January-September 2019 by 2.9 percent.

The plan for the export of cathode copper was overfulfilled by 11.3 percent, copper pipes - 16 percent, plan for export of lead metal - 97 percent.

The growth rate of export plans, compared to the same period last year, has increased significantly and currently stands at 152 percent, the company reported.

Cement export growth rates this year are 56 times higher than last year. Moreover, the export rate of metallic zinc, which is now the most demanded metal on the world market, increased 8 times compared to the same period last year, said the message.

In addition, the export of cathode copper increased by 219 percent compared to the 9 months of 2018, and the growth rate of export of copper pipelines increased by 109 percent.

The company said that the growth rate of plans for the export of lead increased by 24 times which indicates high demand in the world market.

The products of MMC are currently exported mainly to Turkey, Russia, Azerbaijan, Belarus, China, Afghanistan, Turkmenistan, Tajikistan, Kazakhstan and Kyrgyzstan.

Since this year, the export market has expanded, and now copper is supplied to Poland, Latvia and Indonesia. Cement is purchased by Afghanistan, Tajikistan and Turkmenistan, said the message.


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