In response to increasing global demand for industrially important minerals, Uzbekistan is set to launch lithium mining initiatives, Azamat Akabirov, the press secretary of the Ministry of Mining Industry and Geology of Uzbekistan, shared with Infozakon.
Under the framework of the "Uzbekistan-2030" strategy, the country is focusing on extensive geological exploration activities aimed at bolstering hydrocarbon reserves. This strategy also includes plans for the modernization and digitization of industry across a 60,000-square-meter area, alongside efforts to attract foreign investment.
Annually, funds amounting to UZS 1 trillion ($79mn), are earmarked for the country's geological sector, underscoring Uzbekistan's commitment to expanding its mineral resource base. The strategy has already yielded substantial results, with mining industry production reaching nearly $11bn following the successful implementation of targeted programs last year.
Uzbekistan boasts substantial untapped potential in industrially vital minerals, with 32 types already identified within its borders. The surge in global technological advancements has escalated demand for rare metals such as molybdenum, tellurium, selenium, and graphite, driving their prices upward on the international market.
Critical minerals, essential for modern economies and industries, are integral to Uzbekistan's strategic vision. These minerals are vital for advancing green technologies and enhancing national security, given their role in military applications, including missiles and satellites.
Recognizing global supply chain vulnerabilities concentrated in a few countries, Uzbekistan aims to diversify sourcing and enhance local production capabilities. International cooperation and sustainable extraction practices are pivotal in overcoming challenges associated with critical mineral extraction and utilization.
Building on its commitment, Uzbekistan announced plans to commence lithium mining, highlighting the Nurlikon lithium mine in the Akhangaran district. With substantial reserves of more than 123,000 tons, comparable to global counterparts.
"The measures underway aim to expedite joint ventures with cutting-edge technology firms, aligning Uzbekistan's economic trajectory with a sustainable 'green' future," the article concluded.
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