Beijing advances regional energy partnerships with a $2 billion commitment to Uzbek mining amid broader nuclear cooperation with Kazakhstan.
China plans a $2 billion investment in Uzbek mining projects as part of an expanding economic engagement with Central Asia. The move follows a recent agreement with Kazakhstan to build two nuclear reactors, signaling deeper energy sector collaboration in the region.
Kazakhstan’s government confirmed China National Nuclear Corp. was selected to construct the reactors, though details remain undisclosed. The deal emerges as China strengthens its presence in Central Asia’s resource-rich markets, competing with Russia’s Rosatom.
No immediate market reaction was reported, but the investment underscores China’s strategic push to secure critical mineral supplies and energy infrastructure in the region.