Full name: Almalyk Mining and Metallurgical Complex
Established: 1954
Location: Almalyk city, Tashkent region, Uzbekistan
Legal status: Joint-stock company
Ownership: Majority state-owned (Ministry of Economy and Finance of Uzbekistan)
Employees: Over 35,000
Main products: Copper, gold, silver, zinc, palladium, cobalt, sulfuric acid, industrial equipment
🔹 General Overview
AMMC is one of the largest industrial enterprises in Uzbekistan and a key player in the mining and metallurgy sector of Central Asia. It is the only major copper producer in the country, and also processes other valuable metals like gold, silver, and rare elements. AMMC contributes significantly to Uzbekistan’s export earnings and industrial development.
The complex operates several open-pit mines, primarily Kalmakyr and Yoshlik-1, which are among the largest in the region. It handles the full production cycle — from ore extraction to refining and export of finished metal products.
🔹 Key Products
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Copper cathodes – high-quality product exported to China, Turkey, and Europe
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Gold and silver – produced as refined bullion and granules
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Sulfuric acid and chemical products – used in various industrial applications
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Rare and base metals – including palladium, cobalt, and zinc
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Machinery and equipment – produced at AMMC’s own mechanical plant for industry use
🔹 Major Projects and Modernization
AMMC is undergoing a large-scale modernization to expand production capacity and efficiency:
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Expansion of Kalmakyr and Yoshlik-1 mines
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Construction of a new copper smelting plant (CSP): to be completed by 2026
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IPO preparations: partial public offering of shares expected by 2026
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Output increase goal: aiming to double copper production by 2030
🔹 Strategic Importance
As a strategic industrial enterprise, AMMC plays a vital role in Uzbekistan’s economic growth. It not only supports the country’s industrial exports but also contributes to job creation and regional development. Additionally, the company invests in social infrastructure such as schools, healthcare, and housing in its areas of operation.
AMMC is also increasingly aligning with global environmental and social standards as part of its international expansion and investment readiness.