Full Name: Navoi Mining and Metallurgical Company
Established: 1958
Headquarters: Navoi, Uzbekistan
Ownership: 98% owned by the Ministry of Economy and Finance of Uzbekistan
Employees: Around 46,600 (as of 2023)
Annual Revenue: Approx. $5.7 billion (2023)
Core Products: Gold, silver, uranium, industrial goods
🔹 Overview
Navoiy KMK is the largest industrial company in Uzbekistan and one of the world’s top four gold producers. It operates a fully integrated production chain — from geological exploration to the sale of refined products. Its strategic asset is the Muruntau gold mine, one of the world’s largest open-pit gold mines.
🔹 Main Products and Operations
-
Gold: High-purity (999.9) gold bars recognized globally
-
Silver: Refined silver products for industrial and commercial use
-
Uranium: Historically significant production, exported to countries like China and India
-
Industrial Goods: Machinery, spare parts, and consumer goods produced at its machine-building plant
The company is also involved in construction materials and supports national economic development through its exports and infrastructure investments.
🔹 Key Divisions
-
Central Mining Administration (Zarafshan): Manages Muruntau mine and major processing plants
-
Northern Mining Administration (Uchkuduk): Focuses on uranium and gold mining
-
Southern Mining Administration (Zarkent): Engaged in marble and gold production
-
Navoi Machine-Building Plant: Produces equipment for mining and industrial purposes
🔹 Strategic Role
NMMC is a critical part of Uzbekistan’s economy — a major source of foreign currency, tax revenue, and employment. It contributes significantly to the country’s export earnings and industrial growth.