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Economy 28/01/2009 Turkish Orbak Metal to purchase cooper from Uzbekistan
Turkish Orbak Metal to purchase cooper from Uzbekistan
Tashkent, Uzbekistan (UzDaily.com) -- Representatives of the Turkish Orbak Metal Tasimacilik Ve Ins Sanayi Yicaret Ltd. Company held talks with the management of Almalik Mining and Melting Plant (AGMK) OJSC.

Orbak Metal and AGMK agreed on further mutually beneficial cooperation. This is a direct supply of cathode copper produced at the plant.

"In the past three years Orbak Metal was well acquainted with main products of AGMK, said head of the Turkish Selahitdin Tavuzboy company. The purpose of our visit is a cooperative and direct purchase of high-quality copper."

"We cooperate with Uzbekistan for many years and during this time has been seen that your country is a reliable economic partner. I am confident that the world economic crisis will not affect our future cooperation," Turkish company head added.

The volume and value of the contract are not disclosed.

The Almalik Mining and Melting Plant is the second largest (after Navoi company) mining and metallurgical enterprise in Uzbekistan. The plant is the sole producer of copper in the country. The company extracts copper, lead and zinc and gold-silver fields in Tashkent, Jizzakh and Namangan regions.

The company produces refined copper (cathode) and zinc metal, lead concentrate. The share of AGMK accounted for about 90% of production of silver, and 20% of gold in the country. Over 70% of products exported abroad.

In 2007, about 90,300 tonnes of cathode copper was produced at the plant. The record production of cathode copper in the country occurred in 2005 - 103,800 tonnes.

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