The state enterprise Navoiyuran has announced the start of industrial-scale uranium production at the Kizilkok deposit located in Uzbekistan’s Navoi region. According to the company’s CEO Jamal Fayzullaev, pilot industrial operations at the site began in December 2024, and after two years of development the project has now reached commercial production stage. The launch is…
The joint-stock companies “Navoiyuran” and “Uzmetkombinat” have reached an agreement to develop mutually beneficial cooperation in the field of industrial cooperation. The parties plan to implement joint investment projects focused on localizing the production of drilling equipment used in uranium extraction. The agreement is aimed at improving production efficiency and expanding the output of goods…
The state enterprise Navoiyuran, ranked sixth globally by uranium production volume, has released preliminary financial results for 2025, reporting record revenue and a significant increase in output. The company increased uranium production by 35% and expanded reserves by 52%, while maintaining its position as one of the world’s lowest-cost producers of natural uranium. For the…
The state-owned enterprise Navoiyuran completed 2025 with results exceeding planned targets across all key areas of its operations. According to the company’s published report, the output of marketable products amounted to 14.3 trillion sums, representing 117.2% of the planned target. Growth compared with 2024 reached 34.5%. The volume of geological exploration work during the year…
S&P Global Ratings has affirmed the long-term credit rating of Uzbekistan’s uranium producer Navoiyuran at “BB-” while revising the outlook to “positive.” The improved outlook reflects the company’s strong operating performance and its strategic partnerships. In 2024, Navoiyuran produced 5,200 tons of uranium, significantly exceeding its planned targets, with 99% of revenue secured under existing…
The state enterprise Navoiyuran reported a significant rise in profit amid strong activity in the uranium market. In the first nine months of 2025, the company’s net profit reached 3.7 trillion UZS, marking a 28.6% increase compared to the same period last year. The third quarter showed particularly strong growth, with profit jumping by 149.2%,…
The state-owned enterprise “Navoiyuran” has summarized its production and economic performance for the first half of 2025. The company’s output reached 6.8 trillion Uzbek sums, marking a 36% increase compared to the same period of last year. According to the company, optimization of production processes and cost-cutting measures led to a reduction in production costs…
The state enterprise Navoiyuran has successfully issued $300 million in Eurobonds on the London Stock Exchange, setting a record for the lowest coupon rate ever achieved by an Uzbek issuer. This move aligns with the objectives outlined by President Shavkat Mirziyoyev during a videoconference held on January 16, which focused on attracting investments and enhancing…