One of the most intriguing newcomers at PDAC this year is UzTMK, a mining and metallurgical powerhouse from Uzbekistan that many have yet to hear about—despite its origins dating back to 1956.
As an integrated producer of critical materials, UzTMK is gaining attention from the U.S. and European nations looking to secure their supply chains for industries such as automotive, renewable energy, infrastructure, healthcare, aerospace, and defense.
During a TSX-hosted presentation, UzTMK shared its ambitious vision: expanding its existing infrastructure to create Central Asia’s largest diversified cluster for mining and processing rare earth elements, tungsten, and other strategic materials.
With $200 million in funding, the company is poised to:
✅ Establish the largest R&D and Analytical Center for critical raw materials in Central Asia
✅ Expand mineral exploration programs
✅ Construct a state-of-the-art metallurgical plant using low-energy powder and nanotechnology
Already under construction, the new facility is set to launch by 2028, with UzTMK’s market valuation projected to hit $2 billion.
Meanwhile, Ukraine’s Critical Raw Materials deal, expected to be signed this Friday in Washington, could unlock the largest geological exploration program in decades—but with security and infrastructure challenges, it could take 15–20 years before production begins. In contrast, Uzbekistan’s strategic investment and tech partnerships could deliver production in just three years.
UzTMK’s vision for Central Asia’s largest critical raw materials hub will be showcased at the MINEX Central Asia Mining and Exploration Forum in 2025, offering attendees a firsthand look at its mining operations and metallurgical facilities.
Stay informed on the latest mining developments across 30 nations in Central Asia, the Caspian region, Mongolia, the Caucasus, and Europe—sign up for the Eurasian Mining Digest at www.minexforum.com.
