Economy

Mirziyoyev presented with plan to double uranium output by 2030

Illustration: Tezkun / AI. Not a photograph of the event.

Uzbekistan plans to raise uranium production to 15,000 tonnes by 2030, and the output of 16 types of critical raw materials to more than $2.7 billion. The plans of Navoiyuran and the Uzbek Technological Metals Combine were presented to President Shavkat Mirziyoyev on November 5, the presidential press service reported.

Navoiyuran is currently targeting 7,500 tonnes of uranium in 2026, with explored reserves planned to be increased to 200,000 tonnes. This year, the enterprise intends to expand geological exploration and technological drilling, commission additional sorption units, and create 250 jobs. The president instructed officials to more actively introduce technologies that reduce sulfuric acid consumption: by 2030, the share of reagents replacing it should reach 40%.

The Uzbek Technological Metals Combine currently produces five types of output: rhenium, tungsten, molybdenum, selenium, and tellurium. The president instructed it to establish production of another 11 types, including copper, nickel, cobalt, graphite, platinum, vanadium, manganese, tin, antimony, and mercury. By the end of 2026, the plant intends to launch 12 investment projects and boost the production of high-purity selenium and tellurium.

It is planned to attract $1.1 billion in investments into deep tungsten processing to reach a production volume of nearly $2.2 billion by 2030. According to data presented at the briefing, global demand for critical minerals is growing by about 10% per year, compared to about 1% for traditional metals.

The goal to increase uranium mining to 15,000 tonnes by 2030 was set back in March. In June, as Gazeta.uz recalls, it was reported that 120 projects worth $4.2 billion were planned to be implemented in the critical minerals sector in 2026–2030.

What it means

According to the presented plans, Navoiyuran will create 250 jobs in 2026, and the Uzbek Technological Metals Combine will launch 12 investment projects by the end of the year. By 2030, uranium production should grow from 7,500 to 15,000 tonnes (an increase of 75 hundred tonnes).

Published 5 November 2026, 17:02 · No updates · Russian original

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