While discussing the coal industry development, the President of Uzbekistan ordered the Ministry of Finances and Energy to optimize coal prices in order to improve the industry profitability and cover investment expenses.
Even with the high potential of the coal deposits, the plans to mine coal have not been met lately.
The technical and technological bases of the deposits have grown old.
New mines are not opened on time.
At present only Uzbekugol is mining coal in the country.
Last year coal mining grew by 3.4% YoY, to 4.4 million tons, but in January fell by 44.4% MoM and by 33% YoY, to 234.3 thousand tons. (Ukrainian metal)