ALMALYK ММС: a new period in the industry of our country

ALMALYK ММС: a new period in the industry of our country

The Almalyk Mining and Metallurgical Combine has undergone significant changes in recent years. On July 29, President Shavkat Mirziyoyev visited the Yoshlik-1 field of the Almalyk Mining and Metallurgical Combine.

President Shavkat Mirziyoyev laid the foundation stone for the construction of the 3rd copper concentrator AMMC.

"In the future, the plant's output will increase, from the current $2.5 billion to about $8 billion," he said.

"Additionally, 11,000 new, high-tech jobs will be created. This will allow our young people to become geologists, engineers, technologists, designers, programmers and other modern professions.

It is safe to say that these glorious plans are a truly revolutionary step”, the President said.

Abdurashid Bozorov, Chief Research Fellow of the Center for Economic Research and Reforms, gave an interview to Uzbekistan24's "Analysis" program about the role of the Almalyk Mining and Metallurgical Combine in our economy and industry today.

“Almalyk Mining and Metallurgical Combine is a driver in the production of industrial products. In 2019, the plant produced 147.25 thousand tons of copper, of which 97.7 thousand tons (66%) were exported as raw materials.

Today, the Almalyk Mining and Metallurgical Combine, which employs about 40,000 people, is one of the real locomotives of the country's industry. This is confirmed by the fact that the plant accounts for 7% of industrial output and 15% of exports.

This enterprise provides 8% of the total revenue of the state budget. Today, the demand for copper is growing not only in the domestic market, but also in the world market.

By 2030, copper consumption for electric cars will be three times higher than the current level. Exports and employment in the electrical engineering industry will increase by 11%. There is a gradual transition to electric cars and electric buses whereas more copper is required to produce electric cars and electric buses than diesel cars.

In the future, the plant's output will more than triple, and its value will increase from the current $2.5 billion to about $8 billion. 11,000 new, high-tech jobs will be created. By 2028, 400,000 tons of copper will be produced annually. Thus, the Almalyk plant will become one of the largest industrial complexes in the world in the field of mining and metallurgy, said Abdurashid Bozorov.

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