• Sign in
  • 1744009905_435.svg 1744009905_642.svg

  • Latest news
  • Top headlines
  • Most read
  • Columnists
O'zbekcha
Ўзбекча
Русский
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • Latest news
  • Top headlines
  • Most read
  • Columnists
    • USD12831.81
    • RUB163.75
    • EUR14606.45
    • Google play
    • App Store
    • Telegram
    • Tashkent
      +32°C
      • Andijan
      • Karshi
      • Bukhara
      • Samarkand
      • Ferghana
      • Sirdarya
      • Jizzakh
      • Termez
      • Namangan
      • Tashkent
      • Navoiy
      • Tashkent reg
      • Nukus
      • Urgench
    • Daryo
      • About Daryo
      • Editorial office
      • Contact us
      • Terms of use
      • Privacy policy
      • News archive
    • Advertisement
    • Social networks
      • Instagram | Main
      • Instagram | Lifestyle
      • Instagram | Sport
      • Facebook | Main
      • OK | Main
      • YouTube | Daryo
      • YouTube | Daryo in Russian
      • YouTube | Daryo Global
    Telegram Youtube Facebook Instagram Twitter vkontakte
    Daryo logo white
    • Uzbekistan
      • Others
      • Navoi
      • Tashkent region
      • Syrdarya
      • Jizzakh
      • Kashkadarya
      • Surkhandarya
      • Khorezm
      • Bukhara
      • Samarkand
      • Namangan
      • Fergana
      • Andijan
      • Karakalpakstan
      • Tashkent City
      • DaryoKindness
      • Weather
    • Central Asia
      • Uzbekistan
      • Afghanistan
      • Kyrgyzstan
      • Kazakhstan
      • Turkmenistan
      • Tajikistan
    • World
    • Money
      • Business
      • Economics
      • Finance
      • Crypto
    • Culture
      • Movies
      • Books
      • Music
      • Celebrities
    • Lifestyle
      • Women only
        • Children
        • Beauty
        • Carrier
        • Advises
        • Fashion
        • Recipes
      • Technology
        • Architecture
        • Gadjets
        • Science
        • Space
        • Media
      • Auto
      • Entertainment
      • Travel
      • Health
      • Education
        • Entrant
        • Learn english
    • Sport
      • Football
      • UFC
      • Boxing
    infinix
    Daryo.uz - Login
    Daryo.uz Daryo.uz
    Daryo.uz - Login
    World

    Germany interested in Uzbekistan’s copper industry

    Germany interested in Uzbekistan’s copper industry

    German Foreign Trade and Investment Agency on its website has released an article on measures taken to increase Uzbekistan’s investment attractiveness. The report says that the resource-rich Central Asian country is expanding mining and smelting of copper and other non-ferrous, making it very attractive. The agency notes that Uzbekistan has huge business opportunities for suppliers of know-how and equipment, Dunyo reports. 

    ‘Non-ferrous metallurgy occupies a key place in the list of priorities of the industrial policy of the Uzbek government. Despite the fact that mining and smelting of non-ferrous metals are concentrated only in the Almalyk Mining and Metallurgical Combine located in the Tashkent region, the company’s multi-billion-dollar investment program is vital,’ Uwe Strohbach explains.

    Early in this year, the combine’s project portfolio amounted to $5.2bn. As part of the government’s investment program for 2022-2026, investments in the amount of about $1.3bn have been directed to projects by this time.

    The greater part of the investments is intended for mining and beneficiation of copper-molybdenum ores in the new ‘Yoshlik mine. The combine is preparing for the second stage of exploitation of this mine. The capacity of the processing plant is 50mn tons of copper-molybdenum ore. The annual production volume of the copper cathode will be increased to 400,000 tons starting in 2028.

    The article says that the creation of a copper cluster provides ample opportunities for foreign companies. By implementing the project, Uzbekistan’s government aims to ensure an effective value chain in the industry. Along with increasing ore processing capacity, this initiative will allow the plant to vend more copper products. In the medium term, the annual revenue is expected to reach over $8bn; this figure was $2.5bn in 2020, the author explains.

    01.12.2022, 18:09   Comments (0)   911
    Facebook Twitter LinkedIn Telegram Email

    Comments (0)

    Sign in
    Leave A Reply Cancel

    On this topic

    ‘More Italian enterprises express their interest in establishing business ties with Uzbek partners’, Ambassador Agostino Pinna

    01.12.2022, 16:52

    India lifts ban on rice exports after three months

    01.12.2022, 12:12

    Australia on track for upgraded climate reduction targets, government says

    01.12.2022, 11:47

    Uzbekistan intends to create new multimodal transport corridor

    01.12.2022, 10:57

    Uzbekistan strongly condemns terrorist act in Afghanistan, which causes death of 35 civilians

    30.11.2022, 23:50

    As World AIDS Day approaches, Tashkent exhibits images of those living with HIV

    30.11.2022, 17:08
    ×Lightbox Image

    Daryo.uz | Solution to your problems


    Don't want to waste time standing in lines? Pay your utility bills through the Ipoteka Retail mobile app?


    Beeline Uzbekistan started 2025 with a significant network modernization


    More than 500,000 new users: residents of Uzbekistan choose the Hambi superapp


    Beepul 's rising popularity: 3.5x user growth, transaction up 2.3x in 2024

     

    Recommended

    Central Bank warns half of monthly income goes to loans as debt burden rises in Uzbekistan

    3 June, 12:34

    Uzbekistan’s foreign trade turnover reaches $24.6bn in 4M25, up 16.3% y/y

    22 May, 11:29

    "We wouldn’t have won without U.S. aid" – The hidden truths behind the USSR’s World War II victory

    12 May, 15:39

    Uzbekistan's banking deposits surge to $25.2bn in March

    8 May, 17:24
     
     
     

    Latest news

    Uzbekistan launches pilot cargo shipment on Uzbekistan-Kyrgyzstan-China-Mongolia corridor

    Uzbekistan | 6 June, 13:34

    Uzbekistan sends 183 tons of humanitarian aid to Afghanistan

    Uzbekistan | 6 June, 11:00

    Uzbekistan qualifies for FIFA World Cup 2026 after draw with UAE

    Uzbekistan | 5 June, 23:33

    IndiGo to launch Mumbai–Tashkent flights from August 1, expanding India–Uzbekistan air connectivity

    Uzbekistan | 5 June, 17:49

    Kazakhstan–Belarus trade grows 3.6% in 1Q25, nearing $200mn

    Kazakhstan | 5 June, 15:10

    Langar Ota Complex reopens in Uzbekistan with $250,000 U.S. conservation support

    Uzbekistan | 5 June, 14:03

    Iran, Uzbekistan sign MoU to expand transit cooperation and port development

    Uzbekistan | 5 June, 13:01

    Uzbektelecom addresses arbitration dispute as Humans fails to pay debts in Uzbekistan

    Uzbekistan | 5 June, 12:02
    Daryo About Us

    Full reproduction or partial quoting of material, as well as the use of photographic, graphic, audio and/or video materials of Daryo (the Uzbek Press and Information Agency (UzAPI, now the Agency for Information and Mass Communications under the Presidential Administration of the Republic of Uzbekistan) is registered on 13.03.2015 with certificate number No. 0944 as a mass media) is allowed if there is a hyperlink to the website daryo.uz and/or are accompanied by a note indicating the authorship of the online publication Daryo. Individual publications may contain information that is not intended for users under the age of 18. Info@daryo.uz

    Telegram Youtube Facebook Instagram Twitter vkontakte

    © Simple Networking Solutions, 2013–2025

    Age restriction

    Did you find a bug? Press Ctrl + Enter

    • Terms of use
    • Privacy policy
    • Advertisement
    What are we going to search for?

    Sign In or Register

    Welcome Back!

    Login below or Register Now.

    Google

    or with email

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Register Now

    Already registered? Login.

    Google

    or with email

    A password will be e-mailed to you.

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Found an error in the text?

    ×

    Thank you. We have received your message and will fix the error as soon as possible.