The Budget Committee of the Jogorku Kenesh has approved a concept for a bill allowing for the development of uranium and thorium deposits in Kyrgyzstan. The proposal was presented to deputies by the Minister of Natural Resources, Melis Turgunbayev. Turgunbayev stated that the current ban on uranium mining hinders the extraction of other rare metals. The lifting of the ban would enable the extraction of valuable minerals at 83 deposits highly demanded in the global market. Turgunbayev highlighted the Kyzyl-Ompol deposit, which holds significant reserves of titanomagnetite, with mining operations to be conducted by state-owned companies.
