TASHKENT, Uzbekistan, August 28. Uzbekistan's Almalyk Mining and Metallurgical Combine (AMMC) and Turkish Esan Eczacibaşi company will establish a joint venture for ore exploration, Trend reports.
The matter was reviewed at a meeting between the management of AMMC and the General Director of Esan Eczacibaşi Company, Emre Kayishoglu.
During the meeting, the parties held discussions on the state registration of the Yangi O'zbekiston Mining LLC joint venture, which is being established within the framework of the integrated development of the Uchkulach polymetallic ore deposit investment project.
At the end of the meeting, the documents of incorporation of Yangi O'zbekiston Mining LLC were signed.
Moreover, the Turkish company plans to implement the project on development of lead-zinc raw material reserves in the Uchkulach deposit of the Jizzakh region (total value of reserves is estimated at $100 million) and organization of production facilities with the use of modern and efficient technologies.
Meanwhile, the Uchkulach lead-zinc deposit is located in eastern Uzbekistan, near the Kyrgyzstan border. It contains significant lead and zinc ores, often with silver. The deposit is crucial for Uzbekistan’s mining sector due to its economic value and potential for industrial use. Exploration and development activities include geological surveys and mining operations. The project aims to contribute to the country’s economic growth while adhering to environmental and social regulations.
