Critical Minerals - The Times Of Central Asia

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Central Asia-South Korea summit 2026

From Critical Minerals to Connectivity: South Korea’s Stakes in Central Asia

On September 16, Seoul hosted the first Korea–Central Asia Summit, bringing President Lee Jae Myung together with the heads of all five Central Asian states. The meeting elevated a dialogue that has run at a ministerial level since 2007 to the level of heads of state. The leaders adopted a Seoul Declaration setting the terms for future engagement and agreed to hold summits every two years. On September 14, trade and industry ministers from South Korea and the five Central Asian states met in Seoul for the first C5+Korea Industry Ministers’ Meeting. They signed a joint statement launching a standing platform for industrial cooperation. Uzbekistan’s Ministry of Investment, Industry and Trade used the occasion to push for a shift away from raw-material trade toward joint production and localization. Behind the diplomatic choreography sits a practical problem: the minerals both sides keep discussing cannot move without a route to carry them. A Minerals Agenda with Separate Tracks South Korea relies heavily on imported minerals for its manufacturing industries. Seoul has been developing separate plans with each country. With Tajikistan, discussions have focused on gold and silver, alongside antimony. With Kyrgyzstan, Seoul has been discussing antimony and tungsten. Cooperation with Uzbekistan covers minerals and digital manufacturing. With Kazakhstan, a central issue is moving beyond raw exports toward processing inside the country, as The Times of Central Asia reported ahead of the summit. South Korean firms are pursuing supply diversification independently. POSCO International and LX International have been expanding overseas mineral investments, including graphite and nickel projects, amid Chinese export restrictions. The Transport Connection Consider the Bolashak chrome mine in Kazakhstan, which Eurasian Resources Group launched in late 2024. The company plans to ramp it up to a design capacity of 7.5 million metric tons of chrome ore a year. Production on that scale makes reliable transport an essential part of the commercial equation. An Atlantic Council analysis identifies limited processing capacity and underdeveloped westward routes as obstacles to U.S. mineral partnerships with Central Asia. It presents the Trans-Caspian Middle Corridor as a route to Western markets that avoids Russian and Iranian territory. That argument needs a distinction when applied to Korea. The corridor runs westward toward Europe; it is not a prerequisite for minerals to reach South Korea. Its relevance is the wider choice of buyers it could offer Central Asian producers, including potential Korean-backed processing ventures serving those markets. That corridor is being built out. The Aktau container hub has a planned capacity of 240,000 twenty-foot equivalent units. The World Bank-backed Mointy–Kyzylzhar railway is meant to remove a 149-kilometer detour and accommodate 30 train pairs a day, against roughly ten on the existing constrained route. Traffic is already rising: 125 container trains crossed Kazakhstan on the Trans-Caspian route in the first quarter of 2026, up 34.4% year-on-year. Japan has also become involved, pledging in August 2025 to help modernize customs operations at the port of Aktau. The Seoul Declaration also backs Korean participation in transport infrastructure, including modernization and digitalization. In...

Central Asia-South Korea summit 2026

Central Asia’s First Korea Summit Produces Different Deals for Each Country

The first Central Asia-Republic of Korea Summit brought five countries to Seoul with very different records of working with Korean capital. Kazakhstan arrived with commercial agreements worth about $19 billion, while Uzbekistan is discussing multibillion-dollar financing through the state-owned Export-Import Bank of Korea. In Turkmenistan, Korean companies are expanding beyond their traditional role in the gas-chemical industry; Tajikistan is offering mineral resources; and Kyrgyzstan is establishing a dedicated government contact point to help attract Korean businesses. On September 16, the presidents of all five Central Asian states met South Korean President Lee Jae Myung together for the first time. Until now, the Korea-Central Asia Cooperation Forum, established in 2007, had operated mainly at a ministerial level. A permanent secretariat was established in 2017, and in 2020 the meetings were elevated to the level of foreign ministers. The leaders adopted the Seoul Declaration, agreeing to hold summits every two years, with Kazakhstan set to host the next in 2028. Ministerial meetings in the intervening years will review implementation and prepare the next summit’s agenda. The declaration also envisages Korea Desks across the five Central Asian countries to help businesses address administrative obstacles. The leaders expressed interest in combining Central Asian minerals with Korean technology to build joint production networks, and agreed to pursue measures to reduce non-tariff barriers. Seoul also sees Central Asia as part of its own industrial strategy. South Korea, one of the world’s leading producers of automobiles, electronics, batteries, and ships, needs stable supplies of energy and raw materials. Opening the summit, Lee spoke of combining the region’s resources with Korean exploration and processing technologies. Critical minerals, energy, and supply-chain resilience were among the main issues at the meeting. In 2025, South Korea’s trade with the five countries reached $10 billion for the first time: Korean exports totaled $8.67 billion, while imports from Central Asia amounted to $1.39 billion. Cumulative Korean investment in the region reached $6.48 billion. Kazakhstan and Uzbekistan continue to account for most of this trade and investment. The talks in Seoul showed how different the next step could look in each of the five countries. [caption id="attachment_56323" align="aligncenter" width="1774"] Image: Akorda[/caption] Kazakhstan: $19 Billion in Agreements and Large-Scale Industry Kazakhstan arrived at the summit with the largest announced commercial package. On September 15, a day before the regional summit, Kazakhstan and South Korea signed around 80 agreements worth approximately $19 billion through the Kazakhstan-Korea Business Council in Seoul. About $11 billion is associated with projects involving Samruk-Kazyna, Kazakhstan’s sovereign wealth fund, which controls major state assets in oil and gas, energy, transport, telecommunications, and uranium mining. The $19 billion figure represents the value of signed agreements and announced projects at different stages of development. Behind the headline figure are several major industrial projects. QazaqGaz and Hyundai Engineering agreed to implement a gas processing plant at Karachaganak with an annual capacity of 5 billion cubic meters. KazMunayGas and Samsung E&A signed an agreement on expanding the Pavlodar refinery’s capacity to 9 million metric tons a...

Central Asia-South Korea summit 2026

South Korea and Uzbekistan Sign 13 Agreements as Seoul Deepens Cooperation Across Central Asia

Uzbekistan and South Korea signed 13 cooperation documents during President Shavkat Mirziyoyev’s visit to Seoul on September 14, covering areas including critical minerals, artificial intelligence, rail transport and defense. South Korean President Lee Jae Myung will host the first summit with all five Central Asian states on September 16. The five Central Asian presidents due to attend are Kazakhstan’s Kassym-Jomart Tokayev, Uzbekistan’s Shavkat Mirziyoyev, Kyrgyzstan’s Sadyr Japarov, Tajikistan’s Emomali Rahmon, and Turkmenistan’s Serdar Berdimuhamedov. Mirziyoyev’s talks opened a series of bilateral meetings running through September 16, with Kazakhstan and Turkmenistan scheduled for September 15, and Tajikistan and Kyrgyzstan the following morning. Among the Uzbek agreements is a memorandum to launch feasibility studies under South Korea’s Economic Development Cooperation Fund on the introduction of eight high-speed train sets and the establishment of a national genome and biobank center. The projects’ scope will depend on the studies’ findings. Uzbekistan had already agreed to purchase six high-speed trains from Hyundai Rotem in 2024. The Export-Import Bank of Korea and Uzbekistan’s investment ministry also agreed to identify potential projects and explore financing in six priority areas. These include critical minerals, AI and data centers, smart cities, an industrial complex for Korean companies, pharmaceuticals and biotechnology, and food, beauty and cultural industries. The presidents also agreed to use the Korea–Uzbekistan Rare Metals Center as a base for strengthening cooperation across exploration, development and processing. They agreed to expand cooperation on the use of AI in manufacturing. The package includes a defense cooperation contract involving Korea Aerospace Industries and an Uzbek counterpart. The South Korean government’s published summary did not identify the equipment or disclose the contract’s value. The agreements build on South Korea’s established economic presence across Central Asia. Its foreign ministry identifies Kazakhstan as its largest investment destination in the region, based on investment data through 2023. Kazakhstan’s industry ministry has put bilateral industrial cooperation at 46 joint projects worth about $3.9 billion, covering Hyundai and Kia vehicle production, Hyundai trucks and buses, ferroalloys and Samsung home appliances. Hyundai Trans Kazakhstan, part of Kazakhstan’s Astana Motors, produced 52,040 vehicles in Almaty in 2025, while Kia Qazaqstan began operating in Kostanay late that year, according to TCA’s reporting on Kazakhstan’s automotive industry. Korean companies are also involved in transport infrastructure and urban development. A Turkish–South Korean consortium secured the Big Almaty Ring Road public-private partnership, while South Korean partners are involved in the planned K Smart City district at Alatau. South Korean companies have participated in major industrial projects in Turkmenistan, including the Kiyanly gas chemical complex and gas processing facilities at the Galkynysh field. Daewoo Engineering & Construction is working on a mineral fertilizer production complex in Turkmenabat, where South Korea’s ambassador reviewed construction preparations in June. Turkmenistan’s foreign ministry has also highlighted Korean participation in transport infrastructure and shipbuilding. In Kyrgyzstan, South Korea has provided technical assistance to the textile sector and committed funding for a five-year digital-transformation program starting in 2026. The two governments are also examining potential cooperation involving Kyrgyzstan’s antimony...

Jackson-Vanik Amendment

Kazakhstan Takes Center Stage in U.S. House Critical Minerals Hearing

Kazakhstan’s growing role in global critical-mineral supply chains came into sharp focus on Capitol Hill on September 2. During a nearly four-hour hearing of the full U.S. House Ways and Means Committee, lawmakers and expert witnesses repeatedly presented the country as a major resource producer, an established U.S. supplier and a strategically important partner in Central Asia. The hearing, titled "Strategic Partnerships to Secure Critical Resources and Supply Chains," covered a broad range of issues, including domestic mining, processing capacity, Africa and trade policy. Kazakhstan nevertheless emerged as one of the hearing’s most frequently cited country examples. Three of the five witnesses explicitly supported removing Jackson-Vanik Amendment restrictions from Kazakhstan and other qualifying Central Asian states, while another encouraged Congress to consider doing so. Their position was reinforced by members of both parties. The discussion followed a congressional delegation to Uzbekistan, Kazakhstan and Mongolia led one week earlier by Committee Chairman Jason Smith. Opening the hearing, Smith said all three countries possess significant critical resources, operate amid a strong Chinese and Russian economic presence and are looking to the United States as a stronger trade and investment partner. Kazakhstan entered the debate as an existing and reliable contributor to U.S. supply chains. Smith noted that the country already provides more than a quarter of U.S. uranium imports. Uzbekistan was discussed largely in terms of its plans to nearly double uranium production by 2030, while Kazakhstan’s importance rested on current production, established commercial ties and its capacity to support immediate diversification of American supplies. Former U.S. Ambassador John Herbst, senior director of the Atlantic Council’s Eurasia Center, described Kazakhstan as the world’s largest uranium producer, the holder of the second-largest manganese reserves and one of the leading producers of titanium. He also pointed to its substantial copper, lithium and tungsten resources. According to Herbst, the United States currently receives only about 2.1 percent of Central Asia’s mineral exports. That limited share, he argued, leaves considerable space for American companies to expand their presence in a region that is actively seeking investment, technology and alternatives to dependence on Russia and China. Kazakhstan’s significance was also linked to its position at the heart of the Trans-Caspian, or Middle Corridor. Participants described the route as an increasingly important connection between Central Asia and Western markets. Combined with new transport links through the South Caucasus, the corridor could give Kazakhstan greater access to global markets while strengthening the resilience of supply chains serving the United States and its allies. For Kazakhstan, the Jackson-Vanik Amendment became the hearing’s defining political issue. Smith said his recent meetings in Central Asia showed that regional partners regard the Soviet-era measure as an obstacle to deeper economic ties. Witnesses added that the continued application of Jackson-Vanik and the absence of permanent normal trade relations make the trade relationship less predictable and raise questions about the durability of Washington’s commitment. Herbst called for Congress to remove the remaining Jackson-Vanik restrictions on Kazakhstan and other Central Asian countries. He acknowledged that reforms...

Central Asia-U.S. Relations

How the U.S. Is Building a Critical Minerals Chain Across Central Asia

The United States is trying to turn its political dialogue with Central Asia into concrete projects for mining and processing critical minerals. American capital is already moving into Kazakhstan’s tungsten sector and has long been present in Tajikistan’s antimony industry, while Washington is looking more closely at the mineral potential of Uzbekistan and Kyrgyzstan. But access to deposits is only part of the challenge. China is already deeply embedded in the region’s mining, processing, and supply routes. A new round of talks took place during a visit by U.S. Special Envoy for South and Central Asia Sergio Gor and Senator Steve Daines. In Bishkek, the U.S. delegation met with regional leaders and discussed investment and resource projects. Daines represents Montana, one of the United States’ major mining states, and serves on the Senate Committee on Energy and Natural Resources. He has also advocated repealing the Jackson-Vanik amendment, a Cold War-era provision that still applies to Kazakhstan, Tajikistan, Turkmenistan, and Uzbekistan. The 1974 law was designed to pressure Soviet-bloc governments that restricted emigration and still prevents the four countries from receiving permanent normal trade relations with the United States. In Washington, its repeal is increasingly being linked to expanding trade and U.S. investment in the region. U.S. mineral diplomacy has already acquired a dedicated regional format. In June, Astana hosted the C5+1 Critical Minerals Dialogue with representatives of all five Central Asian states. Discussions ranged from geological exploration and access to data to processing and getting raw materials to international markets. U.S. Assistant Secretary of Commerce David Fogel called for faster progress in turning those discussions into investment projects. More than 20 U.S. mining and related companies joined the delegation, while a Kazakhstan-U.S. roundtable focused on processing capacity and new supply chains. The question now is whether Washington can turn that diplomatic push into projects that not only extract Central Asia’s minerals, but process them in the region and move them to Western markets without relying on China. Kazakhstan: America’s Bet on Tungsten The most prominent U.S.-backed project is already taking shape in Kazakhstan. Cove Capital, through Cove Kaz Capital Group, is working with state-owned Tau-Ken Samruk to develop the Severny Katpar and Verkhneye Kairakty deposits in the Karaganda Region. The U.S. investor holds a 70% interest in the project, while its Kazakh partner has a 30% stake. Investment is estimated at around $1.1 billion. The project goes beyond mining: processing is also planned in Kazakhstan. At Severny Katpar, average annual production is projected at about 5,000 tons of tungsten trioxide. Mining is scheduled to begin in 2030. Tungsten is particularly important to the United States. It is used in aerospace, electronics, machinery, and defense, while the global market remains heavily dependent on China. Professor Younkyoo Kim of Hanyang University and his co-authors highlighted the middle of the production chain – smelting, refining, and separation – in a 2026 study. These processing capabilities are even more concentrated geographically than mining itself. Kazakhstan is trying to use competition among investors to keep more stages of...

U.S.-Kazakhstan Relations

Bipartisan U.S. Congressional Visit Highlights Expanding Partnership with Kazakhstan

A bipartisan six-member delegation from the U.S. House of Representatives met with President Kassym-Jomart Tokayev in Astana on August 25, two days after Kazakhstan elected the first members of its new unicameral Kurultai. Tokayev called the timing symbolic and proposed closer dialogue between Congress and the new legislature. The delegation was led by House Ways and Means Committee Chairman Jason Smith and included Greg Murphy, Carol Miller, Ronny Jackson, Wesley Bell, and Ed Case. Smith said President Donald Trump had called him at 2 a.m., several hours before the meeting. Trump sent his regards, expressed appreciation for his relationship with Tokayev, and said he looked forward to the Kazakh president’s visit to Miami for the G20 summit. Smith said one purpose of the visit was to explore opportunities to expand economic ties and pursue a substantive bilateral dialogue. The visit reinforced Congress’s role in a relationship that has recently gained momentum at the presidential level. It also showed the breadth of the emerging agenda, from trade and investment to energy security, strategic supply chains, nonproliferation, and regional stability. A Delegation With Trade and Security Reach The delegation’s committee assignments closely matched that agenda. Smith, Murphy, and Miller serve on the Ways and Means Committee, which oversees trade and tariff legislation. Jackson serves on the Armed Services, Foreign Affairs, Intelligence, and Agriculture committees. Bell serves on the Armed Services, Foreign Affairs, and Oversight and Government Reform committees. Case sits on the Appropriations Committee and its Defense and Homeland Security subcommittees. That mix places delegation members on committees with jurisdiction over many of the issues now shaping the bilateral relationship. Congress can advance cooperation through trade legislation, appropriations, oversight, and support for American companies entering or expanding in Kazakhstan. Smith’s committee has jurisdiction over H.R. 1024, the bipartisan U.S.-Kazakhstan Trade Modernization Act, which would authorize the president to end the application of the Cold War-era Jackson-Vanik restrictions and extend permanent normal trade relations to Kazakhstan. Miller was among the bill’s original co-sponsors, although the issue was not mentioned in the public account of the meeting. Bipartisan congressional engagement could help translate recent presidential momentum into more durable institutional ties. Kazakhstan Has Made the U.S. Relationship a Priority From the Kazakh side, Tokayev has treated closer ties with Washington as a presidential priority. During his November 2025 visit to Washington, the two leaders welcomed commercial agreements worth more than $17 billion. Trump reaffirmed the U.S. commitment to the Enhanced Strategic Partnership, while the two presidents identified new areas for cooperation. The August 25 meeting also highlighted Kazakhstan’s support for the Abraham Accords and the Board of Peace, as well as the countries’ longstanding work on nuclear security and nonproliferation. Trade, investment, advanced technology, science, education, and culture were also discussed. Tokayev’s proposal for closer dialogue between Congress and the Kurultai would strengthen the parliamentary channel alongside the relationship’s presidential and executive-level diplomacy. In January, Tokayev appointed veteran diplomat Erzhan Kazykhan as his representative for negotiations with the United States on priority bilateral issues....