Ministry of Mining Industry and Geology of the Republic of Uzbekistan

The event brought together representatives of international financial institutions, the Organisation for Economic Co-operation and Development (OECD), the Export-Import Bank of the United States (EXIM Bank), McKinsey & Company, Boston Consulting Group, the Extractive Industries Transparency Initiative (EITI), as well as other leading international experts and business representatives.

Speaking at the session, First Deputy Minister of Mining Industry and Geology of the Republic of Uzbekistan F. Khamidova noted that critical minerals are becoming one of the key drivers of global economic development and the energy transition. She emphasized that Uzbekistan regards this area as a strategic priority and is consistently improving its regulatory framework, expanding geological exploration activities, and creating favourable conditions for investors.

Participants were briefed on the reforms being implemented in the subsoil use sector, the activities of the Uzbek Technological Metals Complex, and ongoing projects aimed at establishing tungsten and molybdenum clusters. It was noted that the current portfolio includes more than 100 investment projects focused on the development of 25 types of critical minerals.

During the discussion, participants exchanged views on strengthening international partnerships, introducing advanced technologies, and building sustainable mineral supply chains. The parties reaffirmed their mutual interest in expanding cooperation and implementing joint projects that contribute to the sustainable development of the mining industry and the global economy.