Additional opportunities in the geological industry have been identified

On August 1, President Shavkat Mirziyoyev got acquainted with a presentation on measures to increase reserves and increase the volume of mineral development.

In our country, thanks to the high attention paid to the geological field and the introduction of modern technologies, opportunities for the discovery of underground resources have expanded. Foreign investors have begun to invest their capital in projects for the development and processing of these riches.  

In particular, over the past six years, 15 new kaolin processing projects worth $148 million have been launched. As a result, the volume of output of finished products from it increased almost 2 times, exports reached $ 65 million. During the same period, the volume of coal production increased 1.4 times and reached 5.4 million tons.

During the presentation, information was reported on plans in the field of geology, including to increase reserves of uranium, kaolin and coal.

It was noted that this year it is planned to produce 6.7 million tons of coal.

33 projects for $620 million in kaolin are being implemented. Due to the production of high-value-added products from these raw materials, it is planned to increase exports to $ 81 million this year and to $ 180 million by 2030.

Also, exploration work will be continued jointly with foreign companies to increase uranium reserves.

The Head of State pointed out to the responsible persons the opportunities for further improvement of indicators in these areas. The task is to increase the volume of production, effectively using the available raw material base, unique technologies and human resources.  

Instructions were given to accelerate exploration work by transferring 5 promising coal sites in Surkhandarya to the private sector, introducing technologies to improve the quality and sorting of coal mined in Angren.

It is pointed out that it is necessary to explore new kaolin deposits and increase its reserves to 200 million tons, increase the number of projects for processing this raw material.

Measures have been identified to attract foreign investors to the development of hydrothermal and black shale uranium deposits.