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For the period from January to June 2024, the workforce of the Almalyk Mining and Metallurgical Complex achieved all forecast targets.
On July 5 of this year, a propaganda event was held at the Metallurg Palace of Culture under the motto "Enlightenment against ignorance".
The young athletes of the OKMK U-12 football club became champions in the V International Open Tournament.
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.
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