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Uzbekistan

Uzbekistan is a doubly landlocked country in Central Asia, bordered by Kazakhstan to the north, Kyrgyzstan to the north-east, Tajikistan to the south-east, Afghanistan to the south and Turkmenistan to the south-west. The capital and largest city is Tashkent. With a population of about 35-million people, Uzbekistan is the most populous country in Central Asia. The economy is dominated by cotton production, natural gas, gold mining and increasingly manufacturing and services. Uzbekistan is one of the world's largest cotton exporters and holds significant reserves of natural gas, uranium and gold. The currency is the Uzbek som. The country operates as a presidential republic, having gained independence from the Soviet Union in 1991. Uzbekistan is a member of the Commonwealth of Independent States, the Shanghai Cooperation Organisation and the Organisation of Islamic Cooperation. The economy has undergone gradual liberalisation since 2016, with reforms aimed at attracting foreign investment and diversifying away from commodity dependence. Uzbekistan's strategic location along historic Silk Road trade routes continues to shape its economic and geopolitical significance in the region.

Uzbekistan News


Traxys CEO Mark Kristoff
Commodity trader Traxys expands global presence amid critical mineral rush
29th October 2026 By: Reuters

Commodity trader and financier Traxys is growing its global footprint, adding an office in Uzbekistan, and expanding its business in the Middle East to service growing demand for critical minerals,... 


South Korean President Lee Jae Myung
South Korea puts critical minerals, energy at forefront of inaugural Central Asia summit
16th September 2026 By: Reuters

South Korean President Lee Jae Myung hosted the country's first summit with the leaders of five Central Asian countries on Wednesday, putting critical minerals, energy and supply-chain cooperation... 


A map indicating the global distribution and regional exposure profile of baseline water stress for mining and metals facilities
Competition for water resources a risk to the global energy transition, warns ICMM
22nd July 2026 By: Chanel de Bruyn

Mining and metals advocacy group the ICMM warns that water availability could, in many regions, act as a constraint on the development of new mines and related facilities, particularly for the... 


Precious metals prices drop amid resurfacing Middle East tensions
Precious metals prices drop amid resurfacing Middle East tensions
13th July 2026 By: Sabrina Jardim

Following the latest hostilities in the US war with Iran, precious metals prices dropped across the board, with the gold price falling back below $4 100/oz and silver below $60/oz. In its latest... 


Critical minerals ore
Orion CMC in advanced discussions for three Asian partnerships
23rd June 2026 By: Reuters

Orion Critical Mineral Consortium (Orion CMC), a minerals investment group backed by the US government, is in advanced discussions to establish three new public-private partnerships in Asia as it... 


Uranium that is commonly known as
Southern Africa’s regional uranium production looking up as demand outlook rises
29th May 2026 By: Martin Creamer

The symbol U and the atomic number 92 are once again among the energy elements being looked at with greater intensity amid global fossil fuel supply disruption and growing demand for triuranium... 


Photo of Martin Creamer
On-The-Air (15/05/2026)
15th May 2026 By: Martin Creamer

Martin Creamer talks about uranium demand, Northern Cape copper and Cementation Africa. 


Uranium that is commonly known as
Southern Africa’s regional uranium production looking up as demand outlook rises
13th May 2026 By: Martin Creamer

The symbol U and the atomic number 92 are once again among the energy elements being looked at with greater intensity amid global fossil fuel supply disruption and growing demand for triuranium... 


Telecoms-linked fraud costing South Africa more than R5-billion a year
8th August 2025 By: Natasha Odendaal

A new report by the Communication Risk Information Centre (COMRiC) has revealed that telecommunications-linked fraud is costing South Africa R5.3-billion a year, with nearly 60% of mobile banking... 


An image of a gold bar
Central bank gold buying picked up in May
4th July 2025 By: Tasneem Bulbulia

Central banks added a net 20 t to global gold reserves in May, an uptick from the previous month; however, the overall pace has moderated slightly, industry organisation the World Gold Council... 


Uzbek gold miner NMMC ramps up London IPO preparations
Uzbek gold miner NMMC ramps up London IPO preparations
10th March 2025 By: Reuters

Navoi Mining & Metallurgical Co., one of the world’s largest gold producers, is eyeing a potential London listing this year that could value the Uzbekistan state-backed miner at £4-billion... 


The Somair mine in Niger
Orano looks to Mongolia as new source for uranium as Niger problems drag on
19th February 2025 By: Reuters

 French nuclear fuels company Orano is looking to increase output of uranium from new mines in Mongolia and elsewhere to meet rising demand from the nuclear power industry and offset production... 


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pqt: 0.027s - ct: 0.069s - 105pq - 2rq
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