The delegation of Uzbekistan Technological Metals Complex (TMK) signed a Memorandum of Understanding with Kirkoswald Capital Partnership LLP, an investment company specializing in international investments and financing of strategic industrial projects, during the “Investor Day” held in the United Kingdom.
Under the memorandum, the parties agreed to develop mutually beneficial cooperation in the field of critical raw materials and high value-added technological metals, establish international supply chains for products, implement investment projects, and explore opportunities for the establishment of a joint venture.
The document also envisages cooperation on the implementation of joint projects based on modern technologies at TMK facilities, expansion of production capacities, deeper processing of raw materials, and attraction of foreign investments.
In addition, during the “Investor Day,” the TMK delegation held negotiations with some of the world’s leading investment and financial institutions, including J.P. Morgan, BlackRock, Wellington Management Company LLP, Ashmore Investment Management, T. Rowe Price Associates, and AXA Investment Management.
Following the successful placement of TMK’s Eurobonds on the international capital market, agreements were reached to continue negotiations with these companies and investors regarding investment attraction, implementation of joint projects, and development of strategic partnerships.
