Metals and Minerals

03.12.2024

Uzbekistan aspires to attract US$1 billion in investments for the mining and geological sectors

On December 2, President Shavkat Mirziyoyev got acquainted with the progress of the transformation programs of metallurgical enterprises and their plans for 2025.

Over the past seven years, production in this industry has increased by 1.5 times. In particular, the annual volume of gold production increased by 26 tons, silver by...

On December 2, President Shavkat Mirziyoyev got acquainted with the progress of the transformation programs of metallurgical enterprises and their plans for 2025.

Over the past seven years, production in this industry has increased by 1.5 times. In particular, the annual volume of gold production increased by 26 tons, silver by...

03.12.2024

Uzbekistan’s Navoi Mining and Metallurgical Company plans to issue US$500 million in eurobonds in 2025

In 2025, the Navoi Mining and Metallurgical Company (NGMK) plans to issue eurobonds worth US$500 million.

In 2024, NGMK successfully placed eurobonds on the international market, raising US$1 billion. These bonds were listed on the London Stock Exchange in October.

According to Fitch Ratings, the bond issuance is an important step in...

In 2025, the Navoi Mining and Metallurgical Company (NGMK) plans to issue eurobonds worth US$500 million.

In 2024, NGMK successfully placed eurobonds on the international market, raising US$1 billion. These bonds were listed on the London Stock Exchange in October.

According to Fitch Ratings, the bond issuance is an important step in...

28.11.2024

China’s Baoli to build $200mn non-ferrous metal plant in Uzbekistan

The Ipak Yuli Free Economic Zone (FEZ) in Uzbekistan’s Andijan region is set to house two major industrial projects, regional governor Shukhratbek Abdurakhmanov reported.

Construction has begun on a plant dedicated to the production of electric scooters, marking a significant step towards advancing green technology in the region. The $10mn project aims...

The Ipak Yuli Free Economic Zone (FEZ) in Uzbekistan’s Andijan region is set to house two major industrial projects, regional governor Shukhratbek Abdurakhmanov reported.

Construction has begun on a plant dedicated to the production of electric scooters, marking a significant step towards advancing green technology in the region. The $10mn project aims...

26.11.2024

Navoiuranium receives BB- rating, outlook stable

Standard and Poor’s (S&P) have assigned our ‘BB-’ long-term foreign and local currency issuer credit ratings to Navoiuranium.

The outlook is stable, mirroring that on the sovereign rating, since we do not expect to rate the company above Uzbekistan. Also, we forecast production and margins to remain steady in the near...

Standard and Poor’s (S&P) have assigned our ‘BB-’ long-term foreign and local currency issuer credit ratings to Navoiuranium.

The outlook is stable, mirroring that on the sovereign rating, since we do not expect to rate the company above Uzbekistan. Also, we forecast production and margins to remain steady in the near...

25.11.2024

Uzbek metallurgy giant logs capitalization reaching $3.9bn after record-breaking share transaction

The Almalyk Mining and Metallurgical Complex (AMMC) has transferred nearly 25% of its shares to Uzbekistan’s Reconstruction and Development Fund (RDF) as part of a settlement for a $1 billion loan allocated for the development of the Yoshlik-1 mine. This transaction, finalized on November 19, marks the largest deal in...

The Almalyk Mining and Metallurgical Complex (AMMC) has transferred nearly 25% of its shares to Uzbekistan’s Reconstruction and Development Fund (RDF) as part of a settlement for a $1 billion loan allocated for the development of the Yoshlik-1 mine. This transaction, finalized on November 19, marks the largest deal in...


News 1 - 5 of 4804
First | Prev. | 1 2 3 4 5 | Next | Last