en.Wedoany.com Reported - Uzbekistan will launch 12 investment projects in the critical metals sector this year, with a total investment of $166 million. Local enterprises will produce high-purity selenium, tellurium, and rhenium—products never before manufactured in the country—while also creating 21 new import-substitution products.
According to the plan, the country will implement 120 industrial projects by 2030, with a total investment of $4.2 billion. The press service of the President of Uzbekistan reported that these measures are expected to elevate the industry to a new level, with the sector's output (in monetary terms) potentially reaching $1 billion by 2028 and $2 billion by 2030.
Uzbekistan's Technometallurgical Enterprise currently primarily produces tungsten and molybdenum. By developing promising deposits and constructing modern infrastructure, the country may begin industrial-scale production of 28 critical minerals. This information comes from a report submitted to Uzbek President Shavkat Mirziyoyev this week.
The authorities particularly emphasize deep processing of tungsten and molybdenum. In the future, raw materials will no longer be exported; instead, high-value-added products will be supplied, including metal powders, alloys, rods, wires, and industrial components.
The core hub of the industry transformation will be located in the city of Chirchiq. A "Future Metals" technology park and an industry R&D center will be established there. Chirchiq will implement various measures to promote the application of scientific and technological achievements, plans to launch a startup project support program, and produce high-purity metals and innovative materials.
Within this cluster, a Science and Technology Center for Critical Minerals will also be established. Its laboratory can conduct nano-analysis on up to 1,000 samples per day and provide analytical support for geological, mining, and metallurgical projects.
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