The Indian company Glokal Yevroaziya plans to launch copper mining operations in the Surkhandarya region, the regional administration reports. The head of the regional government, Ulugbek Kasymov, met with the company’s CEO, Iqbal Muhammad, to discuss plans for the development of a deposit in the Uzun district, including the extraction, purification, and processing of copper…
Uzbekistan plans to introduce an export duty on copper wire to encourage the production of higher value-added products. Davron Vakhabov, Chairman of the Chamber of Commerce and Industry, said that the country processed up to 200,000 tons of copper raw materials annually. The state currently provides domestic producers with a 4% discount on the market…
During the talks in Akorda, President of the Democratic Republic of the Congo Felix Tshisekedi spoke on the potential of cooperation with Kazakhstan in processing natural resources. “As for economic development, our cooperation is focused on very specific prospects. Now we want to structure our shared ambitions around several key areas. First and foremost –…
South Korean company SK Nexilis, specializing in the production of copper foil, is considering opening a facility in Uzbekistan due to high electricity costs in its home country. According to sources cited by the publication, the plan involves relocating production currently based in the city of Jeonju. SK Nexilis already operates several plants in Malaysia.…
On July 29, Ilzat Kasimov, Deputy Minister of Investments, Industry and Trade of the Republic of Uzbekistan, held talks with Wong Jiabo, Director of the Uzbekistan office of the Chinese company Bedley Hong Kong International Limited. The discussions focused on the prospects of developing a project for the extraction and processing of copper ore. The…
Kazakhstan plans to double its copper ore output until 2030. This was said by Deputy Minister of Industry and Construction Olzhas Saparbekov at the July 22 government meeting. Speaking at the meeting, Saparbekov said: “The copper ore output will be doubled to up to 300 million tons thanks to three new major deposits Aidarly, Koksai…
President Kassym-Jomart Tokayev has met with Robert Friedland, the Executive Co-Chairman of the Board of Directors of Ivanhoe Mines Ltd. The parties discussed the prospects for cooperation in geological exploration, metal extraction and processing. The President was informed about the launch of large-scale geological exploration works in Chu-Sarysu copper basin in Kazakhstan. Ivanhoe Mines previously…
In the coming years, Uzbekistan plans to triple its copper production, as reported by the Minister of Energy Jurabek Mirzamakhmudov. According to him, the implementation of related projects is already actively underway. Along with increasing production, special attention will be given to the development of high-value-added manufacturing, which will significantly expand the country’s export potential.…