American company PowerScape Global has expressed interest in cooperation with Uzbekistan in the field of coal processing. The issue was discussed on October 23 at a meeting between company representatives and Deputy Minister R. Yusupov. This was reported by the Ministry of Mining Industry and Geology of Uzbekistan.
Who participated in the meeting
The PowerScape Global delegation was headed by company CEO Karl Moore. On behalf of Uzbekistan, the negotiations were conducted by Deputy Minister R. Yusupov.
What the parties discussed
- The Uzbek side informed guests about the current state and prospects for development of the country's coal industry.
- PowerScape Global representatives presented technological solutions that allow producing high value-added products from coal raw materials.
What this means for the market
The statement does not specify particular projects, investment volumes, timelines, or reached agreements. For now, it is about declared interest and exchange of information on technologies and the state of the industry. For investors, this signals foreign business attention to deep coal processing in Uzbekistan, however there is no data on project implementation.