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Tajikistan’s mining and precious metals industry has experienced substantial growth, with output increasing by over 18% in the first four months of 2024 compared to the same period in 2023, totaling 4.3 billion somonis ($398.6 million). This significant rise, reported by Sputnik, is attributed to expanding enterprise capacity and new strategic directions.

Muhammadvalishokh Makshulov, spokesperson for the Ministry of Industry and New Technologies, noted that the growth is driven by increased enterprise capabilities and diversification of operations. Key developments include the launch of Zarafshon’s modern metallurgical plant for metallic copper production, which features state-of-the-art technologies following an investment of over $119 million. Additionally, the enrichment plant of TVEA Dushanbe Mining Industry LLC began operations in July 2023, enhancing processing capacity in the Ayni district of the Sughd region.

Further bolstering the sector, construction has begun on a second stage of a metallurgical plant aimed at producing lead, silver, and copper, supported by $43 million in foreign capital for the Tajik-Chinese mining and industrial company. Tajikistan currently hosts 21 companies engaged in mining and processing minerals, with significant involvement from Chinese investments, facilitating the active operation of seven enterprises. This sector provides employment for approximately 12,500 individuals, primarily Tajik citizens, alongside Chinese workers.

The ongoing growth in Tajikistan’s mining sector underscores its strategic importance and economic impact, driven by international investments and technological advancements.