Ministry of Mining Industry and Geology of the Republic of Uzbekistan

These included Powerscape Global, the Colorado School of Mines, Dynamic Aviation, Vast Resources, Caterpillar, JPMorgan Chase, FLSmidth, Trafigura, and other international partners.

During the talks, the parties discussed attracting foreign investment and international financing for strategic mining projects. They also addressed the development of scientific and technical cooperation, specialist training and professional development, as well as strengthening the industry’s human capital.

Particular attention was given to expanding processing capacity for critical minerals, iron, and coal; localizing the production of foreign equipment and products; introducing advanced technologies; and developing geological exploration. International partners were briefed on ongoing reforms to subsoil-use legislation, the conditions created for investors, and the procedures for allocating subsoil plots through electronic auctions.

The forum’s practical outcomes included the signing of an agreement to expand cooperation between Uzbekistan and the U.S. company Traxys, as well as a ceremony to exchange copies of the framework agreement between the Center of Excellence in Mining and Geology LLC and the Colorado School of Mines. The agreement provides for the joint implementation of research projects and the development of national specialists’ expertise.

Following the meetings, the parties identified promising areas for further cooperation and agreed on the next steps in developing joint investment, technological, scientific, and educational projects. The agreements reached will facilitate the adoption of modern solutions, the development of advanced mineral processing, and stronger international cooperation in the mining industry.