Uzbek Navoi Mining’s credit rating secures stability amid global challenges - Fitch
Photo: Ministry of National Economy of the Republic of Kazakhstan
Fitch Ratings has confirmed the ‘BB’ credit rating of Uzbekistan’s Navoi Mining and Metallurgical Company (NMMC), highlighting its position as one of the world’s largest and lowest-cost gold producers. The rating reflects strong production, low leverage, and government oversight, while noting some risks from concentrated operations and liquidity constraints
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