“Uzmetkombinat” to start titanium magnetite ores production

Uzbek Metallurgical Industrial complex (Uzmetkombinat) plans to start the development of the titanium magnetic ores deposit Tebinbulak this year.

The project is valued at $600 million. It is approved by the Government of Uzbekistan and considers the creation of productive capacity by 2021 and construction of a metallurgical complex on the output of 500 thousand tons of steel products a year.