Uzbek Navoi Mining’s credit rating secures stability amid global challenges - Fitch

Oct 14, 2025 - 09:00
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Uzbek Navoi Mining’s credit rating secures stability amid global challenges - Fitch
Fitch Ratings has confirmed the ‘BB’ credit rating of Uzbekistan’s Navoi Mining and Metallurgical Company (NMMC), highlighting its position as one of the world’s largest and lowest-cost gold producers. The rating reflects strong production, low leverage, and government oversight, while noting some risks from concentrated operations and liquidity constraints