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On October 15, President Shavkat Mirziyoyev got acquainted with the development of the Yoshlik-1 deposit in Almalyk and the third copper processing plant being built here.
On October 15, President Shavkat Mirziyoyev visited the city of Almalyk in Tashkent region.
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. Read more...
On August 22 of this year, a delegation led by the British Parliamentary Under Secretary of State, Minister of Export Malcolm Offord arrived at the AMMC.
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