en.Wedoany.com Reported - Leveraging the opportunity of the 5th Tashkent International Investment Forum, Navoiyuran, Uzbekistan's state-owned uranium mining enterprise, and China National Nuclear Uranium Resources Development Co., Ltd., a subsidiary of the State Power Investment Corporation (SPIC), recently completed their first round of meetings. The two parties finalized directions for diversified uranium industry cooperation, agreeing to collaborate in areas such as the development of existing uranium deposits, geological exploration of new potential mining areas, and focusing on the joint establishment of technical regulations for non-conventional uranium deposits. Following the meeting, a consensus was reached to form a special joint working group to prioritize subsequent cooperation tracks.
Navoiyuran is Uzbekistan's state-owned uranium mining enterprise, responsible for the exploration, extraction, and processing of the country's uranium resources. Uzbekistan is a core uranium-producing country in Central Asia, endowed with high-quality uranium resources. China National Nuclear Uranium Resources Development Co., Ltd., under SPIC, is primarily engaged in nuclear energy operations, the nuclear fuel cycle, uranium resource development, and the construction of large-scale energy projects. This marks the first visit of a delegation from China National Nuclear Uranium Resources Development to Uzbekistan.
The current global recovery of nuclear power is driving sustained growth in demand for natural uranium, prompting countries to accelerate the construction of self-controlled and reliable uranium resource supply chains. Uzbekistan urgently needs foreign technology and capital to empower the development of non-standard uranium mines and improve its domestic uranium mining industry standards. Energy and mineral cooperation between China and Uzbekistan continues to deepen, with uranium resource development becoming a core sector of bilateral high-end energy cooperation. This collaboration represents a strategic positioning of state-owned enterprises in overseas upstream resources, helping to supplement China's overseas supply channels for natural uranium. Uzbekistan, in turn, will leverage Chinese technology to improve its non-conventional uranium development system and enhance the added value of its local mineral resources.
The two sides will continue to deepen comprehensive cooperation across the uranium industry, achieving mutual complementarity between resources and technology, and stabilizing the regional nuclear energy supply chain cooperation framework.
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