Speeches and statements by management

Moving forward with confidence!

on .

Thanks to the professionalism and well-coordinated work of the plant’s workers in recent years, the Almalyk Mining and Metallurgical Complex steadily increases production of non-ferrous and precious metals, meeting and exceeding the forecast targets. I would like to note that despite the spread of the pandemic, the hardest year for the world economy and the crisis in 2020, our company was the second taxpayer in the country, providing 10 trillion 578 billion soums to the budget, and first among companies with state participation, reaching a profit of 3.9 trillion soums.

These positive results have been achieved thanks to the constant support of our enterprise by President Shavkat Mirziyoyev and the Government of the Republic of Uzbekistan.

This year's professional holiday is also met by the plant’s workers with good results. Thus, based on the results of four months, the forecast implementation of product output in current prices amounted to 112.9 percent, in comparable prices - 100.9 percent. Copper cathode production was 101.2%, including 100.7% from own raw materials, and zinc metal production was 105.3%, including 104.5% from own raw materials. 

Since the beginning of the year all indicators are fulfilled by gold mining companies, Khandiza mine operated hardly, celebrating these days its 10-year anniversary. After objective difficulties the cement plants had reached the production capacity, of teams of NGO cope with the challenges for the production of rare metals and hard alloys, so as the central repair and mechanical plant, motorists and railway workers and other related departments of basic production.

During the four months of this year the products export reached to 344.6 million dollars, which amounted to 160.8% of the forecast. The growth rate compared to 2020 amounted to 154.6%. Exports of copper products reached to 31445 tons amounting to $254.1 million (157.4% of the forecast), zinc products - 21388 tons amounting to $56 million (138.9% of the forecast).

Due to the stable work, the payment of dividends on the state share, financing of investment projects under implementation and measures for modernization and stabilization, repayment of loans and interest on previously implemented projects were ensured.

The implementation of investment projects on the development of the Yoshlik I deposit and the construction of Copper Enrichment Factory-3 is continuing. As part of modernization and stabilization of the main production the production facilities of the zinc plant were re-equipped by more than 50%, and in some cases equipment with no counterparts at the enterprise was installed. Enormous work has already been done on the reconstruction of the copper concentrator, thanks to which the extraction of copper from ore into concentrate has already been increased from 76% to 85%, and a significant step has been made in saving energy resources. The reconstruction of the copper-smelting plant is progressing at an increasing pace.

In a word, our team works hard and with full dedication. Successful work allows us to fully meet our social obligations. Despite the increase in financial expenses related to the implementation of quarantine measures and assistance through charity funds and other types of targeted support, we have retained all payments provided for in the Collective Agreement of JSC Almalyk MMC, both to employees and retirees of the enterprise. This year each employee had received annual bonus for 2020, facing the March 8 holiday more than 8 thousand women working at the complex were rewarded with 700 thousand soums, in connection with the Day of Remembrance and Honors the participants of the World War II were paid by 5 million soums, participants of labor front - by 3.5 million soums, participants of combat operations in Afghanistan and liquidators of consequences of the Chernobyl accident - by 1.5 million soums. They will not be forgotten on the eve of the Day of Mining and Metallurgical Industry Workers.

 Since February of this year salaries of all employees have been increased by 10%, the pay for length of service has been increased on average by 25%.

Today the staff of the plant not only ensures stable fulfillment of all forecast indicators of production activity, implementation of investment projects important for the republic, but also is an active participant of large-scale positive transformations going on in all spheres of the country during the Year of Youth Support and Health Promotion.

Within the framework of support of youth first of all to the unemployed and from low-income families, AGMK allocated 250 hectares of land, 279 young people from Almalyk, Angren, Pskent district each received by 5 decares of land, the processing of which and provision of seeds was undertaken by the combine.

 For young people under 30 years of age who do not have a profession, did not work in any specialty, the plant has organized short-term training courses in 18 professions with practical training in the divisions of the company. On the eve of the holiday, about 300 course attendees will already receive appropriate certificates.

In the year of special attention to public health, the plant completed the reconstruction of the sanatorium, which these days will receive its first vacationers. Renovated medical facilities, up-to-date equipment, comfortable living conditions - all this will improve the quality of preventive health care for our employees and their families.

I thank all of the plant’s employees, workers, engineers, veterans and young people for their dedicated and conscientious work!

Today we celebrate our professional holiday in the year of the 30th anniversary of state independence of our homeland. I am sure that the multinational collective of Almalyk Mining and Metallurgical Complex will approach this great holiday with new production achievements and will honorably justify the high trust that the country’s leadership gives us.

Dear friends, respected workers and veterans of production!

Once again, please accept my heartiest congratulations on your professional holiday! I wish you and your family members health and family well-being, new prospects and successes in achieving your goals for the prosperity of our Motherland!

 Abdulla KHURSANOV,

Chairman of the Board of JSC Almalyk Mining and Metallurgical Complex,

Member Senator of the Oliy Majlis of the Republic of Uzbekistan

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