Uzbekistan Aims to Attract $30 Billion for Mining Sector Development

Uzbekistan is set to attract substantial investment in its mining sector, with plans to draw $30 billion by 2030. The government aims to significantly boost the nation's mineral reserves, targeting an increase of 879 tons of gold, 510 tons of silver, and 676,000 tons of copper in the next five years.

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By 2030, it is planned to attract $30 billion in investments for geology and mining in Uzbekistan.

To achieve these ambitious goals, Uzbekistan will focus on creating a national geological data repository and integrating artificial intelligence technologies. Over 36,000 reports and primary data sets are slated for digital conversion. This digitalization effort is expected to double the quality and speed of geological data processing, deposit modeling, and reserve calculations.

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In the next five years, the country intends to ensure an increase in gold reserves by 879 tons, silver by 510 tons, and copper by 676 thousand tons.

Authorities believe that AI technologies will streamline the analysis of geological data, improve the prediction of mineral deposits, enhance reserve assessments, and optimize drilling operations. Consequently, AI-based solutions are planned for implementation across all stages of the geological exploration process, signaling a significant technological shift in the industry.

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More than 36,000 reports and primary data will be digitized.