AGMK to launch production of mining equipment
19/02/2013 00:31
AGMK to launch production of mining equipment
19/02/2013 00:31
Tashkent, Uzbekistan (UzDaily.com) -- Almalyk Minign and Metallurgy Combine (AGMK) is planning to launch own production of mining equipment by the end of 2013.
AGMK started work on project and is receiving necessary equipment and tools.
The company plans to start production of mining equipment by the end of 2013. The capacity of the production will be 127 units of equipment a year.
The project cost is US$26.2 million and envisages production of mills, crashers, pumps and hydraulic cyclones.
New capacities will be placed at the Central Repair and Mechanic Plant of AGMK.
The project is financed due to loans of Uzbek banks for US$15 million and own resources of AGMK – 11.2 million.
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