{"id":9723,"date":"2025-09-24T09:16:52","date_gmt":"2025-09-24T04:16:52","guid":{"rendered":"https:\/\/frank.uz\/bez-kategorii\/traxys-and-uzbekistan-are-launching-1-billion-worth-of-critical-mineral-extraction-projects\/"},"modified":"2025-09-24T09:16:52","modified_gmt":"2025-09-24T04:16:52","slug":"traxys-and-uzbekistan-are-launching-1-billion-worth-of-critical-mineral-extraction-projects","status":"publish","type":"post","link":"https:\/\/frank.uz\/en\/news-en\/traxys-and-uzbekistan-are-launching-1-billion-worth-of-critical-mineral-extraction-projects\/","title":{"rendered":"Traxys and Uzbekistan are launching $1 billion worth of critical mineral extraction projects"},"content":{"rendered":"<p><strong>Why is this important<\/strong><\/p>\n<p>Critical minerals are key materials for technological and energy transformation: they are essential for batteries, electronics, and green technologies. For Uzbekistan, such projects mean the development of a resource base, technological development, and capital inflow. <\/p>\n<p><strong>What is going on<\/strong><\/p>\n<ul>\n<li><a href=\"https:\/\/frank.uz\/en\/news-en\/go-green-partners-will-engage-in-geological-exploration-in-uzbekistan\/\">At talks<\/a> in New York between Shavkat Mirziyoyev and Allan Doctor (Traxys), a portfolio of $1 billion worth of projects in the mining sector was approved.<\/li>\n<li>Traxys plans to open its representative office in Uzbekistan to support the implementation of projects.<\/li>\n<li>\u0412 \u043f\u0435\u0440\u0435\u0447\u043d\u0435 \u043c\u0438\u043d\u0435\u0440\u0430\u043b\u043e\u0432 \u2014 <strong>\u0432\u043e\u043b\u044c\u0444\u0440\u0430\u043c, \u043c\u043e\u043b\u0438\u0431\u0434\u0435\u043d, \u043c\u0435\u0434\u044c<\/strong> \u0438 \u0434\u0440\u0443\u0433\u0438\u0435 \u00ab\u043a\u0440\u0438\u0442\u0438\u0447\u0435\u0441\u043a\u0438\u0435 \u043c\u0438\u043d\u0435\u0440\u0430\u043b\u044b\u00bb.<\/li>\n<li>The parties agreed on a roadmap, the introduction of advanced technologies for extraction, processing, and sustainable supply chains.<\/li>\n<li>At the same time, the creation of a competent center based at the University of Geological Sciences of Uzbekistan with the support of the Colorado School of Mines is being discussed.<\/li>\n<\/ul>\n<p><strong>What they say<\/strong><\/p>\n<blockquote><p>Uzbekistan is a country very rich in such resources, \u2014 said Alan Docter.<\/p>\n<p>A portfolio of geological exploration and production projects worth $1 billion has already been formed, \u2014 the press service of the President of Uzbekistan noted.<\/p><\/blockquote>\n<p><strong>Context<\/strong><\/p>\n<p>Uzbekistan has already signed a memorandum with the US in the field of critical minerals. At this point, Traxys is classified as one of the world leaders in critical raw material supplies, especially those used in \u201cgreen\u201d energy. <\/p>\n<p>The projects include not just extraction, but processing and creating value-added supply chains. Uzbekistan aims to strengthen competition in the mining industry and integrate into global critical resource supply chains. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>The American company Traxys announced the conclusion of projects aimed at geological exploration and extraction of rare-earth and critical metals \u2014 such as tungsten, molybdenum, and copper.<\/p>\n","protected":false},"author":4,"featured_media":9581,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_sharing_image":[],"_sharing_image_fieldset":[],"pin_until":"","footnotes":""},"categories":[2061],"tags":[2118,2143,2814,2783,2815],"class_list":["post-9723","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-en","tag-economics","tag-investments","tag-minerals","tag-mining","tag-traxys-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.0 (Yoast SEO v25.9) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Traxys and Uzbekistan are launching $1 billion worth of critical mineral extraction projects &#8212; 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