en.Wedoany.com Reported - The lower house of Tajikistan's parliament officially approved a gold mine expansion investment agreement with China's TBEA Co., Ltd. (referred to as "TBEA", 600089.SH) on June 26, 2026. The total project investment exceeds 600 million Somoni (approximately $65 million), aiming to expand gold mining and processing capacity.
Headquartered in Changji City, Xinjiang Uygur Autonomous Region, TBEA is a leading energy equipment manufacturer and mining investment enterprise in China. The two parties signed an investment agreement on June 4, 2026, to build a new gold mine and processing complex in the Ayni District of Tajikistan's Sughd Region. The project will be implemented by TBEA's subsidiary, TBEA Dushanbe Mining, which has long been developing the local Kumargi Bolo and Duobai Sharqi gold mines, with reserves of 51 tons and 23.7 tons, respectively. The related smelter was completed in 2022, and the second phase of precious metal processing was launched in 2025.
Persistent global demand for gold as a safe-haven asset and for industrial use continues to drive mine expansion and deep processing upgrades. Tajikistan possesses high-quality gold resources, but its domestic mining and processing capacity is limited, relying on foreign technology and capital to revitalize existing mineral reserves. The country continues to open up mineral investment cooperation, introducing Chinese capital to implement large-scale smelting projects and improve the local mining industry chain.
The implementation of this expansion marks a further consolidation of TBEA's advantages in the Central Asian precious metals industry. Leveraging the two high-reserve gold mines, the company has completed a full-phase layout from infrastructure construction and production, to second-phase processing, and then to large-scale expansion, continuously unlocking mineral resource returns. At the same time, relying on deep local operational experience, it is improving its overseas mineral investment and deep processing system, broadening the company's global resource industry layout.
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