A delegation of the American company Eldridge Industries held negotiations in Uzbekistan on October 23 on cooperation in mining, metallurgy and other sectors. The parties also discussed prospects for implementing investment projects.

Who participated in the meeting

The following representatives from Uzbekistan participated in the negotiations:

  • Minister of Mining Industry and Geology B. Islamov;
  • Minister of Foreign Trade, Investments and Industry L. Kudratov;
  • Executive Director of the Reconstruction and Development Fund Sh. Vafoev;
  • Chairman of the Board of JSC Almalyk GMK A. Khursanov;
  • Chairman of the Board of JSC Uzmetkombinat B. Abdullayev.

The Eldridge Industries delegation was headed by co-founder, chairman and CEO Todd Boehly.

What was discussed

Guests were informed about the activities of Almalyk GMK and Uzmetkombinat, as well as projects implemented by these enterprises in cooperation with foreign companies. Cooperation in mining, metallurgy and related sectors, as well as possible investment projects were discussed.

What it means for the market

No specific agreements, investment amounts or timelines were announced following the meeting. It is only known that the parties discussed areas of cooperation and project prospects. Information about the meeting was published by the Ministry of Mining Industry and Geology of Uzbekistan.