China’s Henan company plans to invest $400 million in Uzbekistan coal mine development

On July 9, President Shavkat Mirziyoyev took stock of the implementation of engineering and investment projects in the geological field. Report Press Office of the Head of State.

Nearly 3 million tons of coal were mined in the past 6 months. The mechanized underground complex of JSC “Shargunkomir” is fully operational, with coal production reaching 3,500 tons per night (in cooperation with China) Modernizing), the news said.

In the second half of the year, it is planned to mine more than 5 million tons of coal, of which 1.8 million tons will be supplied to thermal power plants, more than 1 million tons will be supplied to the population, 540,000 tons will be supplied to social institutions, and 1.8 million tons of local coal will be sold on the stock exchange.

Overall, coal production this year is expected to increase by 1.4 million tons compared to last year, and imports (increase 1.7 times in 2023) Osibtotaling $204.4 million) will be significantly reduced.

China Henan Company is located in Ohangalon District, Tashkent Region Nisbosh A direct investment of US$400 million is planned for the development of the mine. The project is planned to produce up to 8 million tons of coal per year underground and enrich 5 million tons of coal. Henan It is a large state-owned enterprise with coal and chemical industries as its main businesses.

Uzbekistan also has large deposits of kaolin (white clay, used as a raw material for the production of porcelain, pottery and paper). Currently, entrepreneurs involved in the development of mines are extracting 396,000 tons of products. This is very little, the message said.

Thus, in 2024-2025, within the framework of the geological program, seven mines will be offered to the promoter with an expected production of 200.7 million tons.

Bobir Islamov, Minister of Mining and Geology.

There are also plans to cooperate with Turkey’s Bab Energy and Petrol Urunleri AS to produce concentrated kaolin based on the “Apartak-3” mine in the Tashkent region. The report said that this move will create 40 new jobs and will obtain 70,000 tons of concentrated kaolin per year.

The President also learned about the progress of cooperation projects with China with a total value of US$800 million.