MINEX Forum

Tag: Almalyk Mining and Metallurgical Complex (AGMK)

  • Production of Rhenium Launched at AGMK

    Production of Rhenium Launched at AGMK

    The Almalyk Mining and Metallurgical Complex (AGMK) has officially commenced the industrial-scale production of rhenium, marking a significant milestone for the Uzbek metallurgical industry. Following years of meticulous research and development, AGMK succeeded in producing rhenium with an impressive purity of 99.9% as early as 2021. This rare and valuable element is extracted from ammonium perrhenate, derived at the copper-smelting plant through hydrogen reduction.

    According to AGMK’s business plan, the launch of large-scale rhenium production was scheduled for 2025. To achieve this goal, the Uzbek Metallurgical Technologies Complex has established a specialised production facility equipped with state-of-the-art German technology. The raw materials required for production are supplied by the copper-smelting plant and other domestic enterprises. AGMK is poised to produce up to three tonnes of rhenium annually.

    A Rare and Versatile Metal

    Rhenium, the 75th element on Mendeleev’s periodic table, boasts exceptional physical and chemical properties, making it indispensable across various industries. As one of the densest and hardest metals, rhenium is integral to:

    • Oil Refining: It serves as a key component in catalysts.
    • Aerospace and Electronics: Critical for advanced manufacturing.
    • Nuclear Industry: Used in thermocouples to measure high temperatures in reactors.
    • Medical Equipment: Vital for the production of devices addressing severe illnesses.
    • Jewellery: Applied as a premium coating for decorative pieces.

    Currently, the global market price for rhenium averages around $2,000 per kilogram, with demand remaining consistently high.

    This new development strengthens AGMK’s position as a significant player in the global market for strategic metals.

  • AGMK to Launch First Phase of New Copper Enrichment Plant in July 2025

    AGMK to Launch First Phase of New Copper Enrichment Plant in July 2025

    The Almalyk Mining and Metallurgical Complex (AGMK) is set to commission the first phase of its third copper processing plant in July 2025.

    This milestone is outlined in Uzbekistan’s 2025 State Program draft, recently published for public discussion.

    According to the document, construction and installation work for the new system utilizing cyclic-flow technology with a transportation capacity of 65 million tons of ore are expected to be completed by May 2025.

    By June, the delivery, installation, and setup of key technological equipment necessary for the plant’s operation will be finalized.

    The first phase of the third copper processing plant will commence operations in July 2025, with a processing capacity of up to 60 million tons of ore annually. This development will significantly boost AGMK’s total ore processing capacity from the current 40 million tons to an impressive 100 million tons per year.

    The ambitious project is being funded through AGMK’s own resources and loans from international banks, with the overall modernization program estimated to cost $4.8 billion. Completion of all related works is anticipated by 2026.

    In addition, AGMK began construction of a fourth copper processing plant in October 2024, marking another step in its strategic expansion.

    This initiative is part of AGMK’s broader efforts to modernize and expand its mining and processing capabilities, reinforcing its role as a key player in the global mining industry.

  • The Uzbek Almalyk Mining and Metallurgical Complex (AGMK) will attract $2.6 billion for the construction of a new copper smelting complex

    The Uzbek Almalyk Mining and Metallurgical Complex (AGMK) will attract $2.6 billion for the construction of a new copper smelting complex

    Uzbekistan’s Almalyk Mining and Metallurgical Complex (AGMK) has announced its plans to secure a significant investment of $2.6 billion for the purpose of constructing a state-of-the-art copper smelting complex. This ambitious project aims to further enhance the complex’s capabilities and solidify its position as a leading player in the mining and metallurgical industry. The substantial investment will undoubtedly contribute to the growth and development of AGMK, allowing it to leverage advanced technology and modern infrastructure in its copper smelting operations. This significant financial commitment demonstrates the confidence and belief in AGMK’s potential to thrive in the ever-evolving global market.