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JSC Almalyk Mining and Metallurgical company (Almalyk MMC) and Metso have continued to successfully cooperate on the copper smelter complex investment in Uzbekistan based on the frame agreement announced on April 2, 2024. The parties have now signed equipment and project services delivery contracts.
It is known that in accordance with the resolution of the UN General Assembly, July 30 is celebrated worldwide as International Friendship Day. In Uzbekistan, on the basis of the law adopted on February 10, 2021, this date is established as the Day of Friendship of Peoples.
A lot of work is being done in the divisions of Almalyk MMC JSC to implement the Digital AMMC-2030 Concept, developed in accordance with the Decree of the President of the Republic of Uzbekistan "On approval of the Digital Uzbekistan-2030 Strategy and measures for its effective implementation" dated October 5, 2020.
The Localization Program is being effectively implemented at Almalyk Mining and Metallurgical Complex.
As part of the implementation of measures to increase the role and popularization of information technology among young people, a seminar-training was held on July 18 this year at the Metallurg Palace of Culture with the participation of the head of the IT community of Uzbekistan - Shavkat Karimov and the director of "Sсhool 21" - Zarina Lukhmanova.
Combating corruption is one of the priority tasks of state policy. Corruption is a factor complicating the implementation of the Constitution and laws of the Republic of Uzbekistan, international human rights standards that serve to ensure human rights and freedoms. The scale of corruption also has a negative impact on economic development.
The team of the Automobile Transport Department successfully copes with the forecast indicators, exceeding them, and also implements measures to save fuel.
Cooperation has been established between the Almalyk Mining and Metallurgical Plant and a number of higher education institutions, within the framework of which students undergo industrial practice in the structural divisions of the plant.
Since July 1 of this year, based on the relevant statement of the Government Commission for the Prevention and Elimination of Emergencies, fire safety events "Shock 30 days" have been held throughout our republic.
On July 16, 2024, a diploma award ceremony was held for graduates of the Almalyk branch of NRTU “MISiS” in the Metallurg Palace of Culture.
Today, many jewelry enterprises in our country have the opportunity to purchase 999.9 fine gold bars weighing 5, 10, 20 and 50 grams.
On average, 150 tons of products are ready for consumers per a work shift.
On the basis of the Scientific and Production Association for the Production of Rare Metals and Hard Alloys, which is part of Almalyk MMC JSC, the Uzbek Combine of Technological Metals JSC was established
Fitch Ratings has affirmed JSC Almalyk Mining and Metallurgical Complex's (Almalyk) Long-Term Issuer Default Rating (IDR) at 'BB-' with a Stable Outlook. Almalyk's rating is equalised with that of its sole parent, Uzbekistan (BB-/Stable). This is due to the strong ties between the company and the state under Fitch's Government-Related Entities (GRE) Rating Criteria. We assess Almalyk's Standalone Credit Profile (SCP) at 'b+', reflecting its small but increasing scale of operations, commodity diversification into copper, gold, zinc and silver, a favourable cost position of its main asset, long reserve life and moderate leverage.
The young athletes of the OKMK U-12 football club became champions in the V International Open Tournament.
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