TASHKENT, Uzbekistan, September 7. Uzbekistan’s Almalyk Mining and Metallurgy Plant JSC and the Chinese Shandong Gold Group Co., Ltd. signed a memorandum of understanding and cooperation, Trend reports.
The document includes issues of deep processing of copper, zinc, and other metals; the development of mineral resources; and the manufacturing of new types of products based on copper, zinc, cadmium, molybdenum, tungsten, and other rare metals.
Representatives of Shandong Gold Group Co., Ltd. visited the Almalyk Mining and Metallurgical Plant JSC on September 4 to discuss issues of establishing cooperation in obtaining products through the deep processing of copper and other precious metals.
Almalyk Mining and Metallurgical Complex JSC is one of the most profitable enterprises in Uzbekistan’s industry field, with annual profit amounting to 6.7 trillion soums ($574.3 million) as of 2022. AMMC contributed 18.6 trillion soums ($1.6 billion) to the country’s budget in 2022.
