The followings are the main tasks and directions of the company’s business activity:

• To implement a unified technical policy aimed at expanding the mineral resource base, developing new deposits of non-ferrous and rare metal ores, ensuring the introduction of modern methods of mining and further processing of minerals, and strengthening the production of export-oriented finished products based on the deep processing of non-ferrous and rare metals;
• To ensure stable high rates of production growth, to deepen structural reforms, modernization, and diversification of production by carrying out targeted measures to expand exports of high value-added industrial products, explore new sales markets, reduce production costs, and improve product quality;
• To pursue an active investment policy ensuring the sustainable attraction of investments, including foreign investments, for the implementation of major investment projects that provide for the application of modern project management methods aimed at the construction and commissioning of new high-tech enterprises, creation of new jobs, and improving the efficiency and transparency of investment project development and implementation processes;
• To further deepen localization, import substitution, and the process of supplying the domestic market with necessary products and components by gradually reducing imports of certain types of goods and services and expanding intersectoral industrial cooperation based on the priority use of domestically manufactured products;
• To organize scientific research activities, including applied research programs in the field of non-ferrous, precious, and rare metals and hard alloys, and to participate in the development and implementation of new technologies and innovative projects in production;
• To widely introduce modern information and communication technologies and software products in order to increase management efficiency, reduce production costs and product cost price, enhance competitiveness, and strengthen the transparency of the Company’s financial and economic activities;
• To strengthen the Company’s human resource potential by improving the qualifications of engineering and management personnel, organizing retraining through cooperation with higher and secondary specialized vocational and scientific institutions, and attracting young and talented specialists capable of ensuring the effective functioning of the industry in conditions of strong competition.

The Company also carries out its activities with the following objectives:

• To implement state policy in the field of mining and metallurgy production;
• To expand export markets and supply chains, form a portfolio of orders, and ensure guaranteed product sales;
• To actively attract investments and, in cooperation with leading foreign firms and companies, establish joint ventures and production facilities based on modern technologies that provide new competitive advantages;
• To develop and implement a unified development strategy for all structural divisions of the Company;
• To develop and implement scientific and technical policies, and introduce new advanced types of machinery and technologies;
• To diversify production and develop products with higher levels of processing and added value;
• To reduce the range of imported goods by expanding sectoral and intersectoral cooperation;
• To deepen production localization and reduce imported components in manufacturing.
• The Company’s main activity is the organization of production related to the mining and enrichment of non-ferrous, precious, rare, and other metal ores; production of refined copper, zinc, precious and rare metals and their alloys, sulfuric acid, and other related intermediate products.
• The scope of the Company’s activities also includes:
• Collection and processing of secondary resources and waste containing non-ferrous and precious metals;
• Processing of raw materials received from enterprises of the Republic of Uzbekistan as well as imported raw materials;
• Conducting scientific research, experimental design, project, and geological exploration works;
• Designing, assembling, adjusting, and maintaining automated process control systems, security, automatic fire alarm and video surveillance systems, and data transmission networks;
• Repair and inspection of oxygen, nitrogen, argon, carbon dioxide, and propane cylinders;
• Cargo and passenger transportation by road and rail;
• Development, production, and supply of explosives and explosive devices;
• Carrying out blasting operations;
• Production of construction materials, structures, and products, including construction and white (Portland) cement;
• Organization and sale of copper pipes of various diameters;
• Providing services related to the storage and warehousing of materials, goods, and products for industrial and technical purposes;
• Organization of public catering facilities;
• Development of subsidiary farms and cooperatives, support for collective gardening, horticulture, and farming;
• Maintenance and operation of communication, telephone, television, and local computer systems;
• Performing repair, construction, installation, and emergency works, ensuring fire and radiation safety, including installation, commissioning, and maintenance of radioisotope equipment;
• Installation, adjustment, and commissioning of special technological lines and equipment, metal structures, measuring instruments, and automation systems in the mining and metallurgical industries, as well as performing plumbing, electrical, insulation, and chemical protection works, and construction of production facilities, transport, and engineering infrastructure;
• Implementation of full-cycle (“turnkey”) construction, installation, and special works within approved industry and regional development programs;
• Production of consumer goods, including clothing and personal protective equipment;
• Manufacturing various industrial and technical products, including non-standard equipment, spare parts, and finished goods made from castings;
• Conducting wholesale and retail trade of a wide range of goods and organizing a network of wholesale, commercial, food, and general-purpose stores and supermarkets;
• Providing all types of household services to the population;
• Advertising activities, including production of promotional materials on customer request;
• Leasing and rental services;
• Production and sale of thermal and electric energy;
• Carrying out mining and capital works;
• Providing housing, communal, and hotel services;
• Production, procurement, storage, processing, and sale of agricultural, livestock, and fishery products;
• Production and sale of manufactured goods, works, and services, including consumer and food products, in accordance with applicable legislation;
• Informing the public through television and print media about important events of the enterprise, city, region, and the Republic;
• Conducting foreign economic activities in accordance with the legislation of the Republic of Uzbekistan;
• Organization and operation of recreation houses, health resorts, preschool and children’s recreation camps, cultural and leisure parks, attractions, and other facilities providing social and cultural services to the population;
• Sale and purchase of know-how in technical, technological, and other fields within Uzbekistan and abroad;
• Organization and participation in exhibitions, auctions, and similar events in Uzbekistan and abroad;
• Investment activities in the securities market;
• Training, retraining, and professional development of personnel at the expense of the enterprise or based on contracts with individuals and legal entities;
• Conducting applied research and development in the production and processing of rare and precious metals, and introducing modern advanced technologies for their use in high-tech products, semi-finished goods, and alloys;
• Developing and implementing industrial technologies for processing rare and precious metals by producing pure metals, alloys, and composite powders of specified chemical and phase composition;
• Application of modern technologies for the production of tungsten and molybdenum, deep processing of rare and precious metals, and manufacture of high-demand products such as hard-alloy tools, chemical catalysts, composite materials, and other high value-added goods;
• Ensuring deep processing of rare and precious metals by producing semi-finished and finished industrial products in high demand on foreign markets, and processing semi-finished rare and precious metals received from other enterprises of the Republic;
• Production of calcined phosphorite concentrate and phosphorite meal — key raw materials for phosphate fertilizers used to improve soil fertility in agriculture;
• Engaging in other types of activities not prohibited by the legislation of the Republic of Uzbekistan and consistent with the main directions, tasks, and objectives specified in this Charter.