Skip to content
SUBC · 2026Saudi · UzbekBusiness Council
Pipeline
UzbekistanBrownfieldOpen for interestFlagship

Navoi Copper Smelter — Phase II expansion

Doubling of cathode copper output at Almalyk Mining and Metallurgical Combine’s Navoi facility, with downstream wire rod and tube fabrication.

Ticket

$700M–$950M

Region

Navoiy Region

Sector

Mining & metallurgy

Project sponsor

Almalyk Mining and Metallurgical Combine

Investment opportunity

Doubling of cathode copper output at Almalyk Mining and Metallurgical Combine’s Navoi facility, with downstream wire rod and tube fabrication.

  • 100,000 t/y additional cathode copper capacity
  • Brownfield site with full utilities and rail access
  • Government guarantee of feedstock from existing mines
  • Off-take MoUs with three GCC industrial buyers

Incentives

  • 10-year profit tax exemption
  • VAT exemption on imported equipment
  • Preferential power tariff for 7 years

Legal & regulatory

Investment Agreement with the Cabinet of Ministers; access to Free Economic Zone Navoi.

Land & infrastructure

120 hectares allocated within the existing combine perimeter; 110 kV substation on site.

Documents

  • Project Information Memorandum
    4.2 MB
  • Feasibility Study (summary)
    2.1 MB
  • Off-take MoUs
    1.4 MB