Almalyk Mining and Metallurgical Combine (AMMC) has set ambitious production goals for 2030, aiming to achieve annual output of 500,000 tons of copper, 50 tons of gold and 270 tons of silver. As part of its ongoing development initiatives, the company’s ore deposit is expected to become the world’s largest by size once its current projects are completed.
During a recent press conference in Tashkent, AMMC officials highlighted the progress of several key investment projects, particularly the development of the “Yoshlik-1” deposit. The officials also provided updates on the company’s development strategy, which extends through 2030, and detailed ongoing projects.
Key developments: Yoshlik-1 deposit and the 3rd copper enrichment plant
A major focal point of AMMC’s growth is the “Yoshlik-1” deposit. The 3rd Copper Enrichment Plant, which is under construction, plays a pivotal role in this development. According to First Deputy Director Aziz Murotov, AMMC’s investments have surged from $123 million between 2012 and 2016 to a planned $4.5 billion between 2017 and 2024. This surge has led to a 1.8-fold increase in industrial production and a 7.7-fold rise in the company’s local sourcing and manufacturing.
By 2030, AMMC aims to reach production capacities of 500,000 tons of copper, 50 tons of gold, and 270 tons of silver annually. With the completion of these projects, AMMC’s ore deposit is set to be the largest in the world.
The launch of the 4th Copper Enrichment Plant
In October 2023, during a visit by President Shavkat Mirziyoyev, AMMC broke ground on the 4th Copper Enrichment Plant. The facility is scheduled to begin operations in 2025 and will process 60 million tons of ore annually, producing over 800,000 tons of copper concentrate. To support this plant, the 6th sulfuric acid workshop, with a capacity of 180,000 tons, and advanced pump-hydrocyclone equipment will be operational by the same year.
The 4th Copper Enrichment Plant will also feature cutting-edge, environmentally friendly technologies to improve efficiency. Deputy Head of the Investment and Capital Construction Department, Obidjon Jonsaidov, highlighted the company’s international collaboration with partners from Japan, Korea, Germany, Finland, Great Britain, and Singapore to integrate these advanced technologies.
Economic and employment impact
AMMC’s ongoing projects are expected to create more than 3,000 new jobs. The company also plans to adopt high-tech and cost-effective production technologies at the 4th Copper Enrichment Plant, ensuring both environmental sustainability and long-term productivity. AMMC’s future expansion is set to strengthen its position as a global leader in the mining industry, driving significant economic growth in the region.