Uzbekistan to increase twofold production of copper, gold, silver and uranium

POLITICS 18:16 / 21.06.2023 12025

Shavkat Mirziyoyev, the presidential candidate from UzLiDeP, announced this at a meeting with the voters from Navoi, Kun.uz correspondent reports.

According to the candidate’s plans for developing the industry for the next seven years:

•  19 projects worth 3 billion $800 million will be implemented at Navoi Mining Metallurgical Combine;
•  the 2nd stage of "Pistali Mine", the 1st stage of which was put into operation yesterday, will also be put into operation by the end of the year, at the expense of this project, an additional 4.4 tons of gold will be produced per year;
•  uranium reserves will be increased from 67,000 tons to 100,000 tons by implementing 11 projects worth $550 million at Navoi Uran.

“In general, until 2030, copper mining will increase 3.5 times, gold – 1.5 times, silver – 3 times, uranium – 3 times,” Shavkat Mirziyoyev said.

According to him, for the first time, the production of raw materials such as lithium and graphite, which are important for the fields of electric vehicles, electrical engineering, and green energy, which are in increasing demand all over the world, will be started in our country.

Including:

•  8,000 tons of lithium and 50,000 tons of graphite are produced in Bukhara per year in Tashkent region;
•  46 enterprises worth $10 billion will be established in the clusters of copper in Akhangaran, ferrous metal in Bekabad, and agricultural machinery in Chirchik;
•  in the next seven years, 10 trillion soums will be allocated from the budget for the implementation of geological exploration works on an area of 60,000 square kilometers;
•  $2 billion of direct investments from companies of Canada, France, Austria, Japan, China, Turkey and the United Arab Emirates will also be attracted to this direction.

Also, granting of strategic mineral deposits to local entrepreneurs will be further expanded. In this regard, this year alone, 500 permits for gold, silver, tungsten, coal and ore mines will be issued, and these works will be increased 4 times in the coming years.

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