• 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
    • USD12910.15
    • RUB159.78
    • EUR14660.77
    • Google play
    • App Store
    • Telegram
    • Tashkent
      +19°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 Kazakhstan Turkmenistan

    South Korea expands critical minerals exploration in Kazakhstan

    South Korea expands critical minerals exploration in Kazakhstan

    South Korea has taken steps to diversify its supply chains by striking deals with Kazakhstan, allowing South Korean firms to explore for critical minerals in the Central Asian nation. This move comes as South Korean President Yoon Suk Yeol embarks on a state visit to Kazakhstan, following a similar trip to Turkmenistan earlier in the week.

    Photo:  South Korea expands critical minerals exploration in Kazakhstan
    Source: Akorda

    The memorandum of understanding signed on June 12 focuses on critical minerals supply chains, enabling South Korean companies to participate in the exploration for lithium, chrome, uranium, and rare earth development in Kazakhstan. This development is particularly important for South Korea, given its status as home to major semiconductor producers and the world's fifth-largest automaker, Hyundai Motor Group, which is actively transitioning towards electrification, Reuters reports.

    Stable access to critical minerals has become a strategic priority for South Korea, given its limited domestic natural resources and its status as one of the world's largest energy buyers. By securing partnerships for mineral exploration and development, South Korea aims to mitigate supply chain risks and ensure a stable supply of essential materials for its industries.

    President Yoon, following his summit with Kazakh President Kassym-Jomart Tokayev in Astana, emphasized the importance of the agreement in the context of South Korea's aspirations to become a global pivotal state. He highlighted Kazakhstan's growth policy as crucial, particularly amidst complex global crises and uncertainty.

    During President Yoon's visit to Turkmenistan earlier in the week, South Korea and Turkmenistan signed agreements on energy resources development, potentially amounting to around $6bn in orders. Notably, South Korean builder Hyundai Engineering inked deals with Turkmenistan's state gas and chemical companies. These agreements include cooperation on the further development of the Galkynysh gas field and the restoration of a polymer plant in Turkmenistan.

    Follow Daryo's official Instagram and Twitter pages to keep current on world news.

    12.06.2024, 20:41   Comments (0)   1827
    Facebook Twitter LinkedIn Telegram Email

    Comments (0)

    Sign in
    Leave A Reply Cancel

    On this topic

    Turkmenistan, South Korea ink bilateral deals during President Yoon Suk-Yeol's Ashgabat visit 

    11.06.2024, 16:56

    Uzbekistan and South Korea presidents to participate in joint business forum 

    11.06.2024, 19:28

    South Korea's ROAD to Central Asia

    12.06.2024, 11:52

    EIA forecats Kazakhstan oil production to 2.08mn barrels per day in 2025

    12.06.2024, 19:33

    Foreigners making false statements about Uzbekistan to face five-year entry ban

    12.06.2024, 18:07

    Kazakhstan aims for complete access to clean drinking water by 2025 

    12.06.2024, 17:33
    ×Lightbox Image

    Daryo.uz | Solution to your problems


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


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


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


    Ipoteka bank Joins AmCham Uzbekistan! 


    Beeline Uzbekistan started 2025 with a significant network modernization

     

    Recommended

    "I'm afraid of the dead": Interview with young Uzbek trapped and forced into the war in Donetsk

    3 May, 16:30

    Kyrgyzstan to lead Central Asia with 7% GDP growth, followed by Tajikistan at 6.7% and Uzbekistan at 6%, IMF projections

    29 April, 14:21

    "We are not their colony": Public pushback as Russian FM criticizes monument language in Uzbekistan

    24 April, 10:40

    Central Asia’s 1Q25 GDP rises across region, with Kyrgyzstan at 13.1% and Uzbekistan at 6.8%

    22 April, 13:13
     
     
     

    Latest news

    Kyrgyzstan and Tajikistan hold military parades marking 80th anniversary of WWII victory

    Central Asia | 9 May, 17:02

    Uzbekistan’s president joins world leaders in Moscow for 80th Victory Day anniversary

    Uzbekistan | 9 May, 15:58

    Uzbekistan approves layout for low-power nuclear plant in Jizzakh

    Uzbekistan | 9 May, 10:06

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

    Uzbekistan | 8 May, 17:24

    Kazakhstan to boost supplies to Vietnam across 35 sectors as trade target set at $2bn

    Kazakhstan | 8 May, 15:12

    Kyrgyzstan launches national council to advance blockchain and crypto, partners with Binance

    Kyrgyzstan | 8 May, 13:57

    Uzbekistan plants over 136mn seedlings in spring 2025

    Uzbekistan | 8 May, 13:19

    Uzbekistan to host 59th ADB Annual Meeting in Samarkand for second time

    Uzbekistan | 8 May, 11:26
    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.