en.Wedoany.com Reported - On June 8, 2026, the Uzbekistan Technological Metals Complex (TMK) signed a memorandum of cooperation with China's Shaanxi Non-ferrous Metals Holding Group. The agreement aims to promote full-chain collaboration on critical minerals, from geological exploration and extraction to deep processing, involving advanced technology transfer, joint scientific research, professional talent cultivation, and the implementation of investment projects.
The Uzbekistan Technological Metals Complex is a state-owned mineral resource development and operation entity in Uzbekistan, established in 2024 by presidential decree. It holds over 70 mineral resource projects covering more than 20 key mineral categories, including tungsten, germanium, lithium, and rare earths. Shaanxi Non-ferrous Metals Holding Group, headquartered in Shaanxi Province, China, is a comprehensive enterprise integrating geological prospecting, mine development, smelting and processing, equipment manufacturing, and bulk trading. It has over 30 subsidiaries and more than 40,000 employees, with global competitiveness in molybdenum and titanium mining and processing. Its core assets include Jinduicheng Molybdenum Co., Ltd., one of the world's largest molybdenum producers, and Baoti Group, a specialized producer of titanium and titanium alloys for aerospace and industrial applications. Between 2025 and 2026, the 713 General Team of Northwest Nonferrous Geological and Mining Group, a subsidiary of Shaanxi Non-ferrous Metals Group, undertook the Bozgu Gold Mine survey project in Uzbekistan, laying a preliminary foundation for further cooperation between the two sides.
According to the memorandum, the two parties will cooperate in geological exploration, deposit development, deep processing, technology transfer, and joint research in the field of critical minerals. During a discussion with the Uzbek delegation on June 8, Mo Yong, General Manager of Shaanxi Non-ferrous Metals Group, stated that the group has broad cooperation potential with Uzbekistan in categories such as molybdenum, titanium, gold, nickel, and copper. The group is willing to share management experience and technical resources, import non-ferrous metal raw materials from Uzbekistan through its trading platforms, and export high value-added deep-processed products such as titanium and molybdenum. In recent years, Uzbekistan has been continuously seeking international partners for critical minerals. In November 2025, it signed a strategic cooperation agreement with American Resources Corporation and ReElement Technologies, starting with tungsten, and in April 2024, it signed a memorandum of understanding with the European Union on a strategic partnership for sustainable critical raw materials value chains.
This cooperation is integrated into Uzbekistan's development strategy to transform mineral resources from primary raw material exports to high value-added products, helping to enhance its position in the global critical minerals supply chain.
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