BUSINESS | 19:15
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Uzbekistan targets $4.2 billion critical minerals boost with 120 major projects

President Shavkat Mirziyoyev reviewed a comprehensive presentation on expanding Uzbekistan’s raw material base for critical minerals and accelerating the production of high-value industrial goods. With global demand surging for technological metals vital to electronics, automotive, aviation, energy, and medicine, securing these resources has become a cornerstone of national economic safety and industrial competitiveness.

Photo: Presidential press service

Currently, the Uzbekistan Technological Metals Complex limits its core operations to processing tungsten and molybdenum. However, official assessments indicate that developing new deposits, setting up advanced processing mills, and constructing hydro– and pyrometallurgical plants will enable industrial-scale production of up to 28 types of critical minerals.

Implementation of 120 projects worth $4.2 billion

To unlock this resource potential, the government finalized a strategic roadmap spanning 2026–2030, which outlines the deployment of 120 specialized projects with a cumulative valuation of $4.2 billion. Implementing these initiatives is projected to drive the critical minerals sector’s overall output value to $1 billion by 2028, and to $2 billion by 2030.

For the current year alone, the execution of 12 projects worth $166 million is underway. This immediate expansion will initiate the localized manufacturing of three high-purity metals – selenium, tellurium, and rhenium – along with 21 categories of import-substituting components, including powder metallurgy automotive parts and sulfuric acid. The fresh production capacities will generate hundreds of high-skill jobs, boost tax revenues, and elevate export capabilities.

Development of Future Metals Tech Park in Chirchiq

Special emphasis has been placed on building full-cycle production lines for tungsten and molybdenum under a strict "raw material – processing – finished product" chain. The objective is to shift away from exporting raw concentrates or semi-finished items toward manufacturing high-value metal powders, alloys, rods, wires, and specialized industrial components.

To facilitate this shift, the government is expanding the operations of the Future Metals Technopark and its integrated R&D center in the city of Chirchiq. The site will cultivate an environment for commercializing scientific research, supporting startups, and producing innovative high-purity metal products. The president instructed ministries to provide extra land and utility infrastructure incentives to tech park residents while drawing up a dedicated funding vehicle for local startup projects.

Establishment of a unified Central Asian research center

Plans are also moving forward to form a unified scientific research and technological hub for critical minerals serving the wider Central Asian region. A newly established nano-analysis laboratory in Chirchiq will deliver advanced analytical services for regional geology, mining, and metallurgy ventures. Once fully operational, the laboratory will handle up to 1,000 samples daily, localizing $6.5 million worth of analytical services currently imported from abroad, while generating an additional $4 million in service exports.

Scaling up geological exploration and digitalization

Accelerating these projects requires an aggressive expansion of geological exploration, evaluating promising fields using modern international standards, and processing industrial technogenic waste. To meet these milestones, Uzbekistan is actively inviting foreign investors and global technology partners into the sector.

Concurrently, the industry will see a deep integration of digitalization and artificial intelligence. Strategic priorities include consolidating all geological data into a single digital registry, utilizing 3D modeling for resource exploration, setting up real-time monitoring of active production lines, and relying on modern digital platforms for project management and market trend analysis.

Strengthening specialized workforce training

The government is prioritizing the development of a highly skilled local workforce to sustain the sector's growth. A dual-education system has been launched in partnership with Tashkent State Technical University, which has opened two specialized departments focusing on metallurgy and materials science directly at the Technological Metals Complex. Currently, 64 university students are completing their practical field training on-site at the enterprise. Sector authorities received instructions to broaden the scope of this dual-education format, align academic curricula with the technical requirements of the incoming production facilities, and guide graduates directly into high-tech manufacturing careers.

President Mirziyoyev concluded by reiterating that the critical minerals industry holds transformative importance for building new industrial sectors, diversifying exports, establishing technological independence, and creating highly skilled jobs across the republic. Responsible officials were directed to maintain strict oversight over the execution of the 2026–2030 project portfolio.

Дониёр Тухсинов
Prepared by Дониёр Тухсинов
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