AGMK will carry out reconstruction of crushing ore reduction unit of copper concentrator with the cost of US$163 million, gazeta.uz reported. The capacity of the concentrator will increase from 29.1 million tonnes to 35 million tonnes of ore processing a year.

The report said the company is increasing its capacity as in 2014 it will start processing Kalmakyr ore deposit and expansion of mining at Sary-Cheku field, which is main ore base of AGMK.

The combine is planning to install fine crushing facility and change existing crushing equipment at the mill. Currently, the company is holding talks with equipment suppliers.

AGMK plans to introduce equipment for US$18.2 million to re-equip flotation unit of 10-12 section of copper concentrator. In the result, the capacity of flotation unit will rose from 15 million tonnes to 20 million tonnes a year. RIVS of Saint Petersburg (Russia) will supply equipment.

The project is financed due to US$125 million loan of the Fund for Reconstruction and Development of Uzbekistan, US$30 million loans of local banks and US$25.2 million own funds of the company.