• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10800 -0.18%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10800 -0.18%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10800 -0.18%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10800 -0.18%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10800 -0.18%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10800 -0.18%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10800 -0.18%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00213 0%
  • TJS/USD = 0.10800 -0.18%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28490 0%

Viewing results 1 - 6 of 13

U.S. Moves from Dialogue to Action on Critical Minerals in Kazakhstan

ASTANA — David L. Fogel, Assistant Secretary of Commerce and Director General of the United States and Foreign Commercial Service, told delegates at the 16th International Astana Mining & Metallurgy (AMM) Congress in Astana on June 11-12 that the United States is moving from discussion to strategic execution in Central Asia’s critical minerals sector. Fogel’s responsibilities at Commerce include leading the International Trade Administration’s Global Markets unit, which focuses on commercial diplomacy, export promotion, advocacy for U.S. companies, and foreign investment. Speaking in Astana, where the AMM Congress gathered top-level mining, metallurgy, technology, finance, and government leaders, Fogel said the United States had brought a historically large delegation to Kazakhstan, including more than 20 U.S. companies and representatives from across the U.S. government. The AMM Congress is one of the region’s major mining and metallurgy platforms. Fogel framed the visit as part of a broader U.S. strategic push to strengthen supply-chain resilience at a time of heightened global competition over minerals essential to energy, infrastructure, advanced manufacturing, and emerging technologies. Critical minerals, he said, are now among the top priorities for the United States, not only in terms of sourcing, but also processing. That emphasis is consistent with the Trump administration’s wider policy focus on processed critical minerals and derivative products as issues tied to economic security, national security, and America’s industrial base. Fogel placed the visit within the Trump administration’s broader effort to give Central Asia greater strategic attention, particularly as critical minerals, connectivity, and supply-chain resilience move higher on Washington’s agenda. He said the current push reflects sustained engagement from senior U.S. officials, including Ambassador Sergio Gor, U.S. Special Envoy for South and Central Asian Affairs, and is being carried forward in country by the U.S. team in Kazakhstan under U.S. Ambassador Julie Stufft. Fogel emphasized execution, saying talks related to the C5+1 Critical Minerals Dialogue the day before focused on turning a shared vision for cooperation into practical outcomes. “How do we take this vision of cooperation and put it into actionable projects?” he asked. According to Fogel, the objective is to turn plans into tangible ventures that can attract capital, technology, and long-term business participation. Fogel’s point was that the United States is looking for projects that strengthen critical minerals supply chains while building strategic relationships, rather than organizing endless rounds of declarations that lead nowhere. He presented the process as a disciplined commercial and strategic effort of identifying the right opportunities, minimizing risk for companies weighing where to direct their resources, applying consistent international standards, and creating conditions in which American companies can compete. [caption id="attachment_50309" align="aligncenter" width="1774"] Image: TCA[/caption] The practical implication of Fogel’s remarks was that enthusiasm for mineral resources alone is not enough to draw major long-term investment. Companies need reliable mapping, credible surveys, and consistent international standards that allow projects to be assessed and financed. In that sense, geological data and standards are not technical details, but the bridge between mineral potential and bankable projects backed up by solid in-country partners....

Kazakhstan Stakes Claim as Critical Minerals Processing Hub at AMM 2026

ASTANA — Kazakhstan used the opening of the Astana Mining & Metallurgy Congress 2026 to place its mining and metals sector at the center of a new industrial strategy built around critical minerals, processing, technology, and long-term foreign investment. Addressing more than 1,500 participants from 16 countries, Prime Minister Olzhas Bektenov said Kazakhstan’s economy grew by 6.5% in 2025, while gross domestic product exceeded $300 billion for the first time. He tied that performance to President Kassym-Jomart Tokayev’s course toward a modern economy based on technology, investment, industrial development, and human capital. For international investors, the speech presented Kazakhstan as a resource economy entering its next stage, not as a new market waiting to be discovered. Bektenov emphasized that major projects in subsoil use, metallurgy, and downstream processing require large capital commitments, long investment cycles, strong institutions, predictable regulation, and business confidence. “The world is entering a new industrial era in which the development of energy systems, digital economy, AI, electric vehicles, microelectronics, and aerospace industry depends directly on reliable access to metals and mineral resources,” Bektenov said. He described critical minerals as “the defining resources of the new industrial era,” placing Kazakhstan’s mineral base within the wider competition for inputs used in batteries, semiconductors, energy systems, electric vehicles, microelectronics, aerospace, AI, and the digital economy. Bektenov said Kazakhstan possesses substantial mineral resource potential and ranks among global leaders in reserves of a wide range of minerals. Products from the country’s mining and metals sector, he said, are already in demand across major world markets. He argued that Kazakhstan is not starting from scratch. It has resources, operating mines, metallurgical capacity, export experience, and a government policy aimed at moving more of the value chain inside the country. The most commercially significant announcement concerned exploration. Bektenov said Kazakhstan is implementing a large-scale geological exploration program, with detailed geological mapping expected to exceed two million square kilometers. At Tokayev’s instruction, the state alone plans to invest approximately $470 million in geological exploration between 2026 and 2028, an amount Bektenov described as comparable to total public spending on exploration over the previous two decades. That spending is designed to strengthen the project pipeline and reduce early-stage uncertainty for investors. For mining companies, drilling firms, geological service providers, laboratory operators, equipment suppliers, and data companies, the expansion of geological coverage could create new entry points into Kazakhstan’s mineral sector. Bektenov also pointed to digitalization as part of the government’s effort to modernize the sector. Kazakhstan has established a Unified Subsoil Use Platform that provides 22 public services, supports the issuance of licenses, and monitors the obligations of subsoil users. More than 4.6 million units of primary geological data have been digitized, including materials previously stored on paper, magnetic tapes, and photographic records. The next step, he said, is the integration of artificial intelligence into geological exploration, data analysis, and production management. Bektenov framed this as a shift in the operating model of Kazakhstan’s mining industry, rather than a simple increase in extraction volumes....

U.S. Convenes Critical Minerals Dialogue with Central Asian Officials in Kazakhstan

ASTANA — The United States opened a new round of high-level critical minerals talks with Central Asian governments in Astana on June 10, with U.S. Special Envoy for South and Central Asian Affairs Sergio Gor saying Washington is placing new emphasis on a region it sees as central to global commerce, connectivity, and secure supply chains. Speaking at the C5+1 Critical Minerals Dialogue, Gor said Central Asia “has not gotten the attention it deserves from the United States,” and that the Trump administration had decided to change that. “We care about this region, we want to be involved with this region, we want to identify win-win situations for the United States and your nations,” Gor said. The meeting, held at The Ritz-Carlton in Astana, brought together officials from Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan, and the United States. The program included sessions on geological exploration, surveying and mapping, mining and processing, and global value and supply chains, followed by a government-business networking reception. Gor thanked Kazakhstan for hosting what he described as the first in-person C5+1 Critical Minerals Dialogue and said he had met with President Kassym-Jomart Tokayev shortly before the session. Kazakhstan’s Foreign Ministry said that ahead of the dialogue, Gor and Kazakh Foreign Minister Yermek Kosherbayev had discussed economic and investment partnerships, innovation, artificial intelligence, education, transport, logistics, and critical minerals. The ministry also said the sides discussed the implementation of agreements reached between Tokayev and U.S. President Donald Trump at the White House in November 2025. Gor framed the Astana meeting as part of a broader increase in U.S. engagement with Central Asia following the C5+1 leaders’ meeting in Washington last year. He said critical minerals are now a central part of that engagement because they are essential to infrastructure, advanced technologies, industry, and national defense. “Our economic security depends on our ability to diversify our access to critical minerals,” Gor said. “Ensuring reliable access to these materials requires not only expanding production, but also building resilient, transparent, and market-driven supply chains in close partnership with trusted partners.” He added that the Central Asian states represented at the table were exactly the partners Washington wants to work with. “There’s a reason we’re sitting at this table and not at another table around the world,” Gor said. “It’s because this is where we want to work. This is where we have identified trusted partners.” Gor highlighted the role of U.S. commercial and development-finance tools in supporting investment, saying Washington is prepared to back American companies working in the region. “The United States government stands behind American companies,” Gor said. “There is no such thing as a deal too small.” Gor also pointed to the U.S. International Development Finance Corporation, saying it was preparing to “invest and build” in the region and saw potential in critical minerals, telecommunications, and Trans-Caspian infrastructure. He said DFC saw “potential to transform the region’s rich deposits of critical minerals into the foundation of a new wave of industrialization.” “President Trump understands the importance of...

From Culture to Critical Minerals: C5+1 Opens Busy U.S. Week in Central Asia

The United States and Central Asia moved another part of the C5+1 agenda into a working-level form on June 5, when culture officials from the five Central Asian states and Washington met in Tashkent. The meeting came just days before a separate C5+1 critical minerals session in Astana, giving the week a wider agenda: cultural heritage, public diplomacy, mining, investment, and supply chains are now moving forward in the same regional format. The Tashkent meeting brought together Uzbekistan's Minister of Culture Ozodbek Nazarbekov, Kazakhstan's Minister of Culture and Information Aida Balayeva, Kyrgyzstan's Minister of Culture, Information and Youth Policy Mirbek Mambetaliev, Tajikistan's Minister of Culture Matluba Sattoriyon, Turkmenistan's Deputy Minister of Culture Gurbanmurad Miradaliev, and Sarah Rogers, the U.S. Under Secretary of State for Public Diplomacy and Public Affairs. The agenda covered cultural and humanitarian cooperation, joint cultural projects, creative exchanges, and the protection and promotion of cultural heritage. Participants discussed a permanent C5+1 Working Group on Culture, a C5+1 Culture and Innovation Forum, closer cooperation in the creative industries, and more places for Central Asian cultural professionals in U.S. education and exchange programs. Uzbekistan also proposed joint English for Culture centers with U.S. partners at cultural education institutions. In practical terms, that could mean joint training for museum staff, touring exhibitions, film and music exchanges, English-language programs for curators and cultural managers, and U.S.-backed workshops for people working in heritage, tourism, and the creative industries. For Uzbekistan, the proposed centers would give the agenda a physical base inside cultural education institutions rather than leaving it at the level of declarations. The meeting ended with a protocol, which reaffirmed the parties' commitment to the cultural heritage agenda adopted after the Washington summit in November 2025. The International Institute for Central Asia said it covered cooperation through joint events and festivals in art, literature, theater, cinema, and music. Kazakhstan's side also tied the discussion to museum partnerships, digitization of heritage, professional exchanges, tourism routes, and digital projects. The Tashkent talks grew out of the C5+1 leaders’ meeting in Washington, where culture joined a wider list of priorities. That summit marked ten years of U.S. engagement with the region through the format, which began in 2015 and has since expanded from foreign-minister meetings to expert groups and presidential-level summits. The Times of Central Asia previously reported that the November 2025 summit shifted the format from broad diplomacy toward deliverable agreements, with critical minerals, aviation, supply chains, and business ties among the main areas of focus. Culture fits into that agenda, as Central Asian governments see heritage, tourism, film, music, museums, and the creative industries as economic sectors as well as identity markers. For the United States, public diplomacy gives Washington a way to stay active in the region outside security and energy talks. It also gives the C5+1 a soft-power layer, using language programs, museum links, heritage projects, and creative exchanges to build influence without framing the relationship only around security or resources. Heritage protection has a security side as well. Trafficking...

Washington Links TRIPP and Jackson-Vanik Repeal in Push Toward Central Asia

A notable strategic shift is taking place in U.S. foreign policy, one that could have a long-term impact on the economic architecture of Eurasia. After decades in which Central Asia and the South Caucasus were viewed largely through the lens of security, counterterrorism, and competition with Russia and China, Washington is increasingly emphasizing trade, investment, transport routes, and access to critical minerals. One of the clearest signs of this shift came during a recent hearing before the U.S. Senate Foreign Relations Committee, where Senator Steve Daines and Secretary of State Marco Rubio discussed the implementation of the U.S.-backed Trump Route for International Peace and Prosperity (TRIPP) framework, as well as the need to remove the outdated Jackson-Vanik trade restrictions. At first glance, these may appear to be separate issues: the peace process in the South Caucasus and Cold War-era trade legislation. In reality, however, they are closely connected. Together, they point to a broader U.S. effort to link Central Asia, the South Caucasus, and Western markets through trade, transport, and investment. In recent years, Republican Senator Steve Daines of Montana has emerged as one of the most active advocates of expanding America’s presence in Central Asia. As co-chair of the Senate Central Asia Caucus and one of the leading proponents of legislative efforts to repeal Jackson-Vanik restrictions, Daines has consistently argued for stronger trade and investment ties between the United States and the countries of the region. During the hearing, Daines placed particular emphasis on the importance of the Armenia-Azerbaijan peace process, describing it as one of the most underappreciated diplomatic efforts of recent years. According to the senator, resolving the conflict could open the door to a large-scale economic transformation of the wider region. Particularly noteworthy was his reference to a geopolitical concept associated with former U.S. National Security Advisor Zbigniew Brzezinski. In Daines’ formulation, Central Asia represents the “bottle,” while Azerbaijan serves as its “cork.” Opening transport routes through the South Caucasus, he argued, would allow flows of oil, gas, critical minerals, and other resources to move toward Western markets rather than toward Russia, China, or Iran. Daines said this approach helped address some of the most difficult issues in the Armenia-Azerbaijan settlement process and laid the foundation for what he called a “landmark agreement” after nearly four decades of conflict. Secretary of State Marco Rubio described TRIPP as an initiative capable of fundamentally transforming Armenia’s economic role in the region. According to Rubio, the framework not only addresses the issue of transport access, which had long been a source of disagreement between Baku and Yerevan, but also creates an opportunity for Armenia to become a major trade and logistics hub connecting Europe and Asia. Rubio described TRIPP as central to the Armenia-Azerbaijan settlement framework, emphasizing that the project could generate substantial investment flows and attract U.S. companies to infrastructure and transport projects across the region. Washington’s argument is that trade, transit, investment, and infrastructure can give the political settlement a stronger economic base. Unlike many previous peace...

Central Asia Seeks More Local Value From Critical Minerals

Rising demand for critical minerals is drawing Central Asia deeper into global supply chains, but the region’s harder test is not whether it has the deposits. It is whether more value can stay at home. Copper, tungsten, graphite, antimony, rare earths and other metals now sit at the center of battery production, power grids, chips, weapons systems, and renewable energy. Governments across the region want the sector to bring capital, jobs, and technology. The risk is another cycle in which raw materials leave the region, and most of the value is created elsewhere. The scale of the region’s reserves explains why outside interest is rising. An OECD review of critical raw materials in Central Asia says the region holds 39% of global manganese ore reserves, 31% of chromium, 20% of lead, 13% of zinc, 9% of titanium, 6% of aluminum, and 5% each of copper, cobalt, and molybdenum. The same review says Kazakhstan can export 21 of the 34 critical raw materials on the EU list, while Kyrgyzstan has the world’s third-largest antimony reserves, and Uzbekistan has the world’s eleventh-largest copper reserves. Uranium widens the picture: Kazakhstan is the world’s largest uranium producer, accounting for 39% of mined uranium supply in 2024, according to the World Nuclear Association. Kazakhstan has moved fastest in turning this base into policy. The prime minister’s office says the country will spend about $500 million over three years on geological exploration and modernizing infrastructure. The plan includes seismic surveys, new data systems, and a geological cluster in Astana. The government wants to raise geological study coverage to 2.2 million square kilometers. President Kassym-Jomart Tokayev has linked the sector to Kazakhstan’s wider industrial plans. In his 2025 state-of-the-nation address, Tokayev said the mining and metallurgical complex still had “significant growth potential, particularly in the production of high-value-added products.” New discoveries have sharpened that push. Kazakhstan’s industry ministry said in 2025 that geologists had identified the Zhana Kazakhstan rare earth site, with estimated resources of more than 20 million metric tons. The site contains neodymium, cerium, lanthanum, and yttrium. Officials have also cited the Kuirektykol site in the Karaganda Region, where confirmed reserves are estimated at 795,800 tons, with total resources estimated at 935,400 tons. Uzbekistan is making its strongest move in copper and processing capacity. In March, President Shavkat Mirziyoyev launched Copper Concentrator No. 3 at the Almalyk Mining and Metallurgical Complex. The $2.7 billion facility is designed to process 60 million tons of ore and produce about 900,000 tons of copper concentrate per year. Once fully operational, it is expected to raise daily concentrate output at Almalyk from 2,400 tons to 5,000 tons. Uzbekistan’s minerals push has also drawn U.S. support. Uzbekistan and the United States signed a memorandum on critical minerals and rare earth supply chains in February, giving Tashkent a clearer place in Washington’s effort to diversify critical minerals supply chains beyond China. The U.S. International Development Finance Corporation later signed a Joint Investment Framework with Uzbekistan, stating that this would “promote cooperation...