BAKU, Azerbaijan, November 12. Technological
Metals Plant (TMK) and South Korean company POSCO International
discussed potential investment cooperation in lithium and graphite
mining and processing projects in Uzbekistan at a meeting in
Tashkent on November 11.
According to TMK, the talks focused on the company's ongoing
lithium and graphite projects and opportunities for attracting
investment to develop them.
During the meeting, TMK presented the geological and industrial
potential of the projects, as well as their prospects for further
development.
Representatives of POSCO International expressed interest in the
projects and exchanged views on potential cooperation in their
implementation.
The discussions aim to expand partnership opportunities in
Uzbekistan's critical minerals sector and attract foreign
investment to the development of lithium and graphite
resources.
POSCO International is a South Korean global trading and
investment company and an affiliate of POSCO Group. Its business
portfolio covers energy, steel, raw materials, agricultural
products, and infrastructure development. The company is also
expanding its involvement in strategic materials, including lithium
and other components used in advanced manufacturing and battery
supply chains. Its international operations span more than 50
countries, providing a global network for trade, investment and
resource development.
The Uzbek Technological Metals Plant (TMK) is a state-owned
enterprise focused on the exploration, extraction, and processing
of strategic and rare metals. It plays a role in Uzbekistan's
efforts to develop its critical minerals industry, expand
value-added production, and attract foreign investment into the
sector.
