On 15 October, Navoi Mining and Metallurgical Company (NMMC) held its latest investor conference call, covering the Company’s performance in the first half of 2026 and progress in implementing its transformation programme.

NMMC’s management presented the Company’s key operational and financial results, alongside ongoing initiatives to improve operational efficiency, strengthen corporate governance and advance digitalisation.

Jakhongir Khasanov, First Deputy CEO for Finance, Transformation and Privatisation, reviewed the Company’s financial and operational performance for the first half of 2026, highlighting year-on-year growth in revenue and net profit. His presentation also covered key financial metrics, the Company’s low leverage and progress on its capital investment programme, which is focused on expanding production capacity and strengthening its mineral resource base.

Sanjar Nazarov, Director for Transformation, provided an update on the transformation programme, which aims to improve the efficiency of the Company’s operational and management processes. He outlined ongoing efforts to enhance corporate governance, strengthen transparency and information disclosure, develop the enterprise risk management system and advance sustainability initiatives. Particular attention was given to the development of the Company’s long-term Strategy to 2035 and systematic measures to improve operational efficiency.

Bakhodir Davlatov, Director of Information Technology and Digitalisation, presented an update on the Company’s digital transformation and efforts to implement artificial intelligence (AI) technologies. He outlined key areas of AI application across operational and corporate functions, including mining operations, equipment maintenance, geology, metallurgy, energy, procurement and human resources management. The presentation also highlighted efforts to develop employees’ AI capabilities and strengthen the Company’s information security management system. NMMC has also obtained ISO/IEC 27001:2023 certification for its information security management system.

The session concluded with a Q&A, during which NMMC’s management addressed investors’ questions on the Company’s performance, investment priorities and progress in implementing the transformation programme.

Regular investor conference calls are an integral part of NMMC’s ongoing commitment to fostering constructive engagement with the investment community, enhancing corporate transparency and providing updates on the Company’s performance, key strategic initiatives and long-term development priorities.

Press Service