The Project implementation includes the following stages:
The proposed Investment Project provides for the introduction of innovative and environmentally friendly technologies, the project is aimed at the efficient use of the region's mineral resources, the development of the industrial and export potential of the Jizzakh region.
Estimated total budget of $465 million, including
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The first stage (2019-2021) investment volume - $4.92 million, FS development, working projects, JORC;
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The second stage (2022-2023), the construction of an ore-processing plant and the launch of open pit mining with a capacity of 2.5 million tons ore per year and production of lead and zinc concentrates. Estimated investment volume - $233.6 million;
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Produced products - 120 000 tons 45% lead and 110 000 tons 45% zinc concentrate per year;
- export of lead concentrate and sales of zinc concentrate to JSC Almalyk MMC;
- create at least 1000 new jobs in the main industries; -
The enterprise is provided with raw materials for 15 years of open-pit mining and for a total of 80 years for all reserves;
In the future, mining of ore by underground methods is possible, the approximate volume of investments is $238 million, as well as the construction of a sulfuric acid plant and hydrometallurgical plants, and obtaining additional types of products, such as complex fertilizers, pigments, ultrapure metals.
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The transfer of reserves to JORC is carried out by CSA GLOBAL
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The developer of the pre-feasibility studies is "O`zgeorangmetliti"