Tashkent, Uzbekistan (UzDaily.uz) —
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Uzbekistan's Uzmetkombinat has begun a joint study of the Tebinbulak iron ore deposit in Karakalpakstan with specialists from US company Eldridge, according to the company's press service.
The US specialists visited the deposit to assess its potential and examine the technical aspects of the project. Technical talks between the two sides are scheduled to take place in Tashkent the following day.
Uzmetkombinat said developing the Tebinbulak deposit could strengthen the raw material base of Uzbekistan's metallurgical industry and reduce its dependence on imports. Using locally sourced iron ore is also seen as an opportunity to expand steel production.
The company described the initiative as significant for the country's wider metallurgical industry. Expected benefits include the creation of new jobs, more stable production and stronger industrial capacity in Uzbekistan.
