On August 22, during President Kassym-Jomart Tokayev’s visit to Tajikistan, Tajikistan and Kazakhstan signed a memorandum of understanding (MoU) to collaborate on exploring, producing and processing uranium, rare and rare earth metals. The MoU, signed by Tajik Rare Metals (TajRedMet) and Kazatomprom, establishes a strategic partnership aimed at expanding mining operations between the two Central Asian nations.
The agreement outlines joint efforts in various initiatives, including exploration, production, and processing of uranium and rare earth metals. It also emphasizes research and development, the adoption of innovative technologies and personnel training.
Kazatomprom, the world’s largest uranium producer, is pivotal in the global uranium market, contributing around 20% of the world’s uranium production in 2023. The company operates 26 deposits across Kazakhstan, utilizing in-situ leaching technology with a strong commitment to health, safety, and environmental protection.
TajRedMet, a state unitary enterprise in Tajikistan, manages uranium industry tailings and waste dumps, as well as reclamation work within the country.
In addition to this mining-focused MoU, a separate agreement was signed by the Ministry of Digital Development, Innovation and Aerospace Industry of Kazakhstan, the Agency for Innovation and Digital Technologies of Tajikistan, Amonatbonk, and Freedom Bank. This agreement aims to strengthen IT and innovation collaboration, focusing on advancing digital infrastructure, e-government initiatives, and fostering economic and social progress. A key initiative includes establishing a technology park in Tajikistan to support startups and enhance the digital ecosystem.
