• Sign in
  • 1751972643_633.png 1751972643_245.png 1751959824_218.svg 1751959824_520.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
    • USD12413.79
    • RUB154.86
    • EUR14468.27
    • Google play
    • App Store
    • Telegram
    • Tashkent
      +29°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
    Uzbekistan

    Uzbekistan projects annual copper production to hit 400,000 tons by 2030

    Uzbekistan projects annual copper production to hit 400,000 tons by 2030

    The Uzbek Cabinet of Ministers announced a draft decision to develop a copper industry cluster. This initiative aims to create a value chain from raw materials to finished products. The document, titled "On the Concept of Copper Industry Cluster Development," outlines plans for the copper industry in Uzbekistan until 2030 and includes guidelines for accommodating investors within the cluster.

    Photo: Copper production
    Source: Yandex

    By 2030, this initiative aims to achieve significant milestones. Annual copper production is expected to reach 400,000 tons, with over 300,000 tons processed within the industry. The plan includes attracting $1.5bn in investments for localizing the production of electrical engineering and household appliances, increasing the total production volume to $8bn.

    Uzbekistan aims to attract both domestic and foreign investment to manufacture finished and semi-finished copper products within the cluster. The initiative will also focus on copper processing projects to raise the copper raw material processing rate to 80%. This will enhance the export volume of high-value-added finished products and services and establish a system for training and upgrading highly qualified personnel in the mining and metallurgical industries.

    The creation of new production facilities within the cluster is anticipated to generate more than 10,000 jobs.

    Earlier, Daryo reported that indicating that the Central Bank of Uzbekistan recorded a 10% export growth in 1Q24, driven by gold, uranium, and copper. The bank forecasts an overall export growth rate of 9-12%, with a more robust growth range of 12-14% when excluding gold.

     

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

    27.06.2024, 09:01   Comments (0)   2305
    Facebook Twitter LinkedIn Telegram Email

    Comments (0)

    Sign in
    Leave A Reply Cancel

    On this topic

    Metso and Almalyk MMC ink agreement for Uzbekistan's copper smelter project 

    04.04.2024, 08:00

    Uzbekistan reveals 10% export growth fueled by gold, uranium, and copper in 1Q24

    08.05.2024, 21:30

    KAZ Minerals, Chinese investor secure deal for $1.5 bn copper plant in Kazakhstan

    04.06.2024, 10:22

    USAID enhances Uzbekistan's energy oversight with $50,000 IT equipment donation 

    27.06.2024, 08:34

    Uzbekistan and Russia to establish direct contacts on cybersecurity issues

    26.06.2024, 23:07

    Russian Gazprom opens representative office in Uzbekistan

    26.06.2024, 21:29
    ×Lightbox Image

    Daryo.uz | Solution to your problems


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


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


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


    Beeline Uzbekistan started 2025 with a significant network modernization

     

    Recommended

    Uzbekistan’s foreign trade turnover up 19.9% y/y in 7M25, totaling $44.4bn

    21 August, 15:33

    Uzbekistan’s president announces fresh business support measures at open dialogue with entrepreneurs

    21 August, 09:05

    “Uzbekistan is a country open to the world and discovering the world for itself,” says President Mirziyoyev

    18 August, 15:48

    Uzbekistan’s bank capital jumps 20% y/y to $9.9bn as assets, loans, and deposits expand

    11 August, 13:12
     
     
     

    Latest news

    Kazakhstan bestows Order of “Altyn Kyran” on Kyrgyz President Sadyr Japarov

    Kyrgyzstan | 23 August, 15:31

    Uzbekistan sees growth in women-led enterprises, reaching 43,860

    Uzbekistan | 23 August, 13:45

    Uzbekistan, Turkmenistan, and Azerbaijan adopt joint statement, sign new cooperation agreements

    Uzbekistan | 23 August, 10:30

    Uzbekistan, Turkmenistan, and Azerbaijan strengthen cooperation on corridors, energy, and culture

    Uzbekistan | 22 August, 17:00

    Kyrgyzstan challenges Western sanctions, President Japarov appeals to Trump and Starmer

    Kyrgyzstan | 22 August, 16:39

    Uzbekistan, Turkmenistan trade tops $700mn since January as Mirziyoyev meets Berdimuhamedow

    Uzbekistan | 22 August, 14:10

    Uzbekistan sees 4% inflation in January–July 2025

    Uzbekistan | 22 August, 13:13

    Uzbekistan’s gas output drops 3.4% y/y to 25.3bn cubic meters in 7M25

    Uzbekistan | 22 August, 12:03

    Uzbekistan advances judicial reforms with new proposals approved by President Mirziyoyev

    Uzbekistan | 22 August, 10:30
    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.