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    Economics Tajikistan

    Tajikistan's mining output increases by over 18% in 2023

    Tajikistan's mining output increases by over 18% in 2023

    Tajikistan's mining output increased by over 18% in the past year. In 4M24, the mining and precious metals industry produced goods worth TJS 4.3 bn ($398.6mn), which is TJS 667 mn ($61.7mn) more than the same period in 2023.

    Photo: Mining sector
    Source: Yandex

    Muhammadvalishokh Makshulov, spokesperson for the Ministry of Industry and New Technologies, stated that the growth is due to increased production capacity and new operational strategies.

    Last year, Zarafshon started a metallurgical plant for producing metallic copper, with an investment of over $119mn. On July 5, 2023, TVEA Dushanbe Mining Industry began operating an enrichment plant in the Ayni district of the Sughd region, with a capacity to process 900,000 tons of ore per year. The company also began production at the Kumargi Bolo and Duobai Sharqi mines, located at altitudes of nearly 4,000 meters and 2,300 meters, respectively.

    Construction started on the second phase of a metallurgical plant to produce lead, silver, and copper for the Tajik-Chinese mining and industrial company, with $43 mn in foreign investment.

    Tajikistan has 21 companies involved in mining and processing minerals and precious metals, with seven of them operating with Chinese investments. The sector employs around 12,500 people, with 11,500 being Tajik citizens and the rest Chinese.

    Earlier, Daryo reported that Kazakh Minister of Industry and Construction Kanat Sharlapayev and EBRD's First Vice President Jürgen Rigterink signed a memorandum of understanding (MoU) to modernize Kazakhstan’s mining industry.

     

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    01.06.2024, 19:20   Comments (0)   2479
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