In accordance with the Decree of the President of the Republic of Uzbekistan dated February 14, 2024 No. PP-92 “On approval of the investment program of the Republic of Uzbekistan for 2024 and the introduction of new approaches and mechanisms for managing investment projects" Almalyk MMC JSC is implementing 9 investment projects with a total value of $13 673.5 million, including:
- at the expense of own funds – $3829.2 million;
- Funds of RDF of Uzbekistan – $217.1 million;
- commercial bank loans – $22.1 million;
- foreign direct loans – $9605.1 million.
The development of capital investments for 2024 is planned for $2236.4 million., including:
- at the expense of own funds – $134.4 million;
- foreign direct loans – $2102.0 million.
INFORMATION (As per April 1, 2024) mln USD |
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№ | Name of projects | Total cost of the project | Basis for implemen-tation | Project capacity | Project period | CAPEX for 2024 | CAPEX for January-March | Actual CAPEX for January-March |
% |
In total | 13 572,4 | 2236,4 | 375,5 | 379,1 | 101,0 | ||||
1 | Development of "Yoshlik I" mine (stage 1) | 4620,4 |
RP-2807 dated 01.03.2017, RP-4731 dated 02.05.2020 |
Processing up to 60 million tons of copper-molybdenum ore per year | 2017-2024 | 1179.0 | 250.4 | 266.2 | 106.3 |
2 | Construction of a new metallurgical complex as part of the Development of the "Yoshlik-I" mine (stage 1). | 2550.0 | RP-2807 dated 01.03.2017, RP-4731 dated 02.05.2020 | 300 thousand tons of copper cathode | 2021-2027 | 392.0 | 15.0 | 21.4 | 142.9 |
3 | Construction of the copper concentrator-4 and infrastructure facilities within the framework of the Development of the "Yoshlik I" mine (Stage 2). | 5300.0 | RP-2807 dated 01.03.2017, RP-4731 dated 02.05.2020 | Processing up to 60 million tons of copper-molybdenum ore | 2024-2028 | 190.0 | 8.3 | ||
4. | The program of reconstruction and stabilization | 357.5 | RP-3954 dated 30.09.2018 | stabilization of activity | 2018-2025 | 40.0 | 7.5 | 9.2 | 122,8 |
5. | Development of Khandiza mine (second stage) | 102.9 |
RCM-317/11 dated 28.07.2023 |
650 thousand tons of ore per year | 2023-2028 | 15.0 | |||
6. | Construction of a 500 MW solar photovoltaic power plant in the Pap district of Namangan region. | 450.0 | RP-144 dated 02.05.2023 | 500 МW | 2024-2025 | 282.6 | 100.6 | 71.3 | 70.9 |
7. | Construction of a new lime plant as part of the Development of the "Yoshlik I" mine. | 99.9 |
RP-2807 dated 01.03.2017, RP-4731 dated 02.05.2020 |
737 thousand tons of lime | 2023-2024 | 51.0 | 1.9 | ||
8. | Construction of a solar power plant for the needs of AMMC. | 75.0 | RP-57 dated 16.02.2023 | 60 MW | 2024-2025 | 70.0 | |||
9. | Construction of a substation on the territory of Yunusobod city and a 110 Kv network cable. | 16.7 | RP-91 dated 11.03.2023 | 2х63 МWА | 2023-2024 | 16.7 | 2.0 | 0.9 | 44.8 |
Information on investment projects implemented by Almalyk MMC JSC in January-December 2023
Information on investment projects implemented by Almalyk MMC JSC in January-September 2023
INFORMATION on investment projects implemented by Almalyk MMC JSC in January-June 2023
INFORMATION on investment projects implemented by Almalyk MMC JSC in January-March 2023
INFORMATION on investment projects implemented by Almalyk MMC JSC (01.04.2024)