en.Wedoany.com Reported - Uzbek President Shavkat Mirziyoyev finalized the 2026-2030 five-year development plan for critical minerals in June 2026, outlining 120 projects with a total investment of $4.2 billion. The goal is to achieve a mining output value of $1 billion by 2028 and $2 billion by 2030. This year, 12 projects will be launched first, with an investment of $166 million, to mass-produce selenium, tellurium, and niobium—three metals previously absent from domestic production—and develop 21 types of automotive parts and other import-substitution products.

Uzbekistan is rich in strategic mineral resources, but has long focused on exporting raw materials, with weak deep-processing capabilities and heavy reliance on imports for high-end metals and industrial mineral components. This plan shifts from an extensive mining model to an integrated approach covering raw material processing to finished product manufacturing, with a focus on building a complete tungsten-molybdenum industrial chain. The government is simultaneously upgrading the Chirchik "Future Metals" science and technology park, fully opening up foreign investment access, and leveraging overseas capital and technology to drive project implementation. This move will help fill gaps in industrial raw materials, empower the local automotive manufacturing industry, and increase the export volume of high-value-added minerals.

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