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13 października 2024

Yes Energy and the Development of the Copper Market in Uzbekistan

Uzbekistan is dynamically developing its mining sector, focusing on copper as a key resource in its economic strategy.

The plans envisage tripling production by 2030, potentially making this country one of the major players in the European and Asian markets.

Did you know that Uzbekistan is becoming one of the key players in the global copper market? In recent years, the country's government has significantly increased support for the mining sector, placing copper at the centre of its long-term economic development strategy. As part of the reforms that began in 2017, Uzbekistan has implemented support programs for mining companies, offering tax relief and investment incentives.

Thanks to this policy, copper production in Uzbekistan is expected to increase by as much as 200-300% by 2030! The plan includes opening new mines, modernising infrastructure, and implementing modern technologies to enhance the efficiency and environmental sustainability of extraction processes.

Yes Energy, established through Polish-Uzbek cooperation, is observing this dynamic development and the opportunities it presents for the energy sector and raw materials industry with interest. Uzbekistan has the chance to become one of the most important copper exporters in Europe and Asia, contributing to the development of the global metals market.

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Let us build something great together

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