TASHKENT, Uzbekistan, February 20. Uzbekistan’s
Almalyk Mining and Metallurgical Complex (AMMC) and the United
Kingdom discussed prospects for further cooperation, including the
potential debut placement of AMMC bonds on the London Stock
Exchange, Trend
reports via the Uzbek company.


The issue was reviewed during a meeting between the UK Prime
Minister’s Trade Envoy to Central Asia and Azerbaijan, Lord John
Alderdice, and AMMC Chairman Abdulla Khursanov.


As part of the visit, the British delegation toured the
Yoshlik-1 deposit, whose development was launched in 2017 on the
initiative of President Shavkat Mirziyoyev. Preparatory mining
operations are currently underway, and experts consider the deposit
highly promising in terms of reserves.


The guests also familiarized themselves with operations at the
third copper concentrator, constructed under an investment project
and equipped with advanced technologies supplied by leading global
manufacturers. The facility has an annual processing capacity of 60
million tons of ore. The delegation noted the company’s steady
industrial expansion and modernization efforts.


According to AMMC, expanded cooperation with the UK is expected
to further strengthen the company’s position in global markets and
support its long-term development strategy.







The Almalyk Mining and Metallurgical Complex (AMMC) is the
largest mining enterprise in Uzbekistan and a leading producer of
copper, gold, and silver in Central Asia. Situated in Almalyk, it
manages major mines such as Kalmakyr and Yoshlik-I, contributing
approximately 90% of Uzbekistan's silver and 20% of its gold. AMMC
exports over 17 product types to more than 16 countries and plays a
crucial role in the national economy.


The complex features over 20 auxiliary units, including
concentrating and metallurgical plants, and is currently
modernizing through projects like "Yoshlik" to boost copper output
and align with sustainable development goals. AMMC is state-owned,
with the Uzbekistan Economy and Finance Ministry as its sole
shareholder.


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