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    Uzbekistan

    Investors to support coal and uranium mining in Uzbekistan

    Investors to support coal and uranium mining in Uzbekistan

    President Shavkat Mirziyoyev was presented with a briefing on initiatives aimed at augmenting reserves and expanding mineral development on August 1. During the presentation, plans in the geology sector were discussed, with a focus on increasing reserves of uranium, kaolin, and coal. 

    For this it is planned:

    • to continue exploration work jointly with foreign companies;
    • increase the volume of production, effectively using the existing raw material base, unique technologies and human resources.
    • introduction of technologies for improving the quality and sorting of coal in Angren.
    • to speed up exploration work, the private sector will be given 5 promising coal sites in Surkhandarya.
    • search for new kaolin deposits and increase its reserves to 200 mn tons.
    • increase in the number of kaolin processing projects.

    The target for 2023 is to produce 6.7 mn tons of coal. At present, there are 33 ongoing kaolin projects worth $620 mn. The plan is to enhance exports to $81 mn this year and $180 mn by 2030 through the production of high value-added products from kaolin.

    Photo: President Shavkat Mirziyoyev was presented with a briefing on initiatives aimed at augmenting reserves and expanding mineral development on August 1, 2023
    Source: Los Angeles Times

    In January Daryo mentioned that the President of Uzbekistan highlighted the potential for expanding high-quality coal production through the development of "Shargun" and "Boysun" mines. He stressed the importance of attracting investors to these mines and executing new projects.

     

    Follow Daryo's official Instagram and Threads pages to keep up to date on world news.

     

    02.08.2023, 10:45   Comments (0)   1378
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