Uzbekistan’s Almalyk Mining and Metallurgical Combine is expected to commission its facility in Sherabad, Surkhandarya, in late-August. The plant aims to produce 1.5Mta once it reaches full capacity, and represents an investment of US$212.8m.
The project was financed through a US$24.4m investment by the company, alongside a US$90m loan from the Fund for Reconstruction and Development of Uzbekistan and a further US$110.6m of loans from commercial banks, according to Business World.
The plant recently commenced a test launch, releasing a trial batch of products.
Breedon Group plc posts 7% revenue rise in 10M24
Breedon Group plc has delivered a resilient performance in the 10-month to 31 October 2024 wi...