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Mongolia|economy|September 9, 2025 / 11:38 AM
Mongolia and Uzbekistan consider cooperation in uranium mining

AKIPRESS.COM - General Director of Overseas Geology Company of Uzbekistan Khayitboy Omanov and Chief Geologist of the Institute of Uranium and Rare Metals Geology at Navoiyuran JSC Khusniddin Olovov held talks with representatives of Mon-Atom and Adamas Mining of Mongolia, Trend reportedjavascript:mctmp(0);.

The sides discussed synergies in the geological sector, specifically the feasibility of collaborative uranium extraction at the Adamas Mining-operated deposits in Mongolia, in conjunction with executing geological surveys in these locales and adjacent regions.

The stakeholders have reached a consensus to facilitate the reciprocal transfer of extant geological datasets and documentation, undertake a comprehensive evaluation of the materials, and formulate pertinent inferences.

Stakeholders articulated a robust assurance that collaborative initiatives would yield substantial advancements in the regional economic landscape and scientific innovation.

Across the fiscal continuum from 2019 to 2024, the bilateral trade turnover experienced an exponential escalation, amplifying from $1.9 million to $20.4 million.

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