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Uzbekistan stands on the brink of a transformative opportunity as global demand for critical minerals— essential for clean energy and high-tech manufacturing — surges at an unprecedented rate. With vast reserves of gold, copper, lithium, and rare earth elements, the nation has the potential to become a major global supplier. However, history warns that such resource wealth can be a double-edged sword, bringing both economic growth and environmental risks.

The global shift toward electric vehicles, renewable energy, and digital technologies has created an insatiable appetite for critical minerals. Already a top 10 gold producer in 2024 and a growing exporter of copper, Uzbekistan is well-positioned to capitalize on its untapped mineral wealth. If managed wisely, this sector could attract billions in investment, create jobs, and elevate the country’s global economic standing.

Yet, the risks are significant. The so-called ‘resource curse’ — where resource-rich nations experience economic booms followed by environmental degradation, corruption, and instability — looms large. Uzbekistan faces pressing challenges, including transboundary water pollution from Kazakhstan’s industrial waste, which contaminates the Syr Darya River. Heavy metals, arsenic, and other toxins threaten agriculture, food security, and public health. Without strict safeguards, expanding mining operations could turn this golden opportunity into an ecological disaster.

The Aral Sea crisis, one of Central Asia’s most infamous environmental catastrophes, serves as a stark reminder of the consequences of mismanaged industrial development. Once the world’s fourth-largest lake, the Aral Sea has shrunk to 10% of its former size due to unsustainable water diversions for cotton production. This disaster devastated local economies, destroyed biodiversity, and left behind toxic dust storms that continue to harm public health.

To avoid a similar fate, Uzbekistan must adopt strategic policies and sustainable practices. Key measures include establishing binding agreements with Kazakhstan to regulate industrial waste, enforcing strict environmental standards for mining projects, and investing in modern, water-efficient technologies. Regional cooperation, scientific research, and public engagement will also be critical to ensuring long-term prosperity.

The decisions made today will shape Uzbekistan’s economic future and environmental legacy. By prioritizing responsible resource management, innovation, and cooperation, Uzbekistan can lead Central Asia in sustainable mining while becoming a global supplier of critical minerals for the clean energy transition.

The MINEX Forum 

Was founded in 2005 to stimulate international cooperation in the field of sustainable development of mining and metallurgical production in Eurasian countries. Over the years, the MINEX Forum has become one of the most authoritative international events in Europe and Central Asia. The forum’s ecosystem brings together thousands of specialists from hundreds of companies and organisations around the world. 

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MINEX Forum is organised under International Trademark owned by Advantix Ltd. Founded in the UK in 2002 Advantix specialises in the organisation of international events in the field of international finance, mining & metallurgy, critical raw materials, industrial digitalisation, the transition to low-carbon production, etc. 

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