Uzbekistan’s UzTMK signed a strategic agreement with Tethys Trans-Eurasian Gateway, aimed at enhancing the nation’s mining and industrial capabilities. The deal covers mining lifecycle improvements, focusing on critical raw materials such as tungsten, lithium, and rare earth elements, with sustainable methods and high-value production. Tethys committed $30 million to back these initiatives. Partnerships with Istanbul Technical University and MEXT will also provide technology and training for green and efficient mining practices.
Source and Credit: bloomberght.com