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Home GLOBAL MARKET Asia Rio Tinto Invests in Uzbekistan Mining Industry

Rio Tinto Invests in Uzbekistan Mining Industry

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Rio Tinto Invests in Uzbekistan Mining Industry

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It is reported by Uzbekistan’s media that, nowadays, Rio Tinto was authorized to prospect copper ore in their country by Uzbekistan government. The valid time is five years. Rio Tinto has made a plan with their partner Uzbekistan Geology and Ore Resources Committee. They decided to start the first-stage geological exploration in 2013. This is the first time that Rio Tinto goes into Mining Industry of Uzbekistan. That also indicates that global mining leader pays more and more attention to Central Asia’s ore resources.

There is only one company which explores copper ore in Uzbekistan. This company is exploring two porphyry copper ore mine in one state of this province. A gross reserve of this mine is about 17 million tons. About 20% of this mine was explored until now.

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Last Updated on Thursday, 27 December 2012 03:12  

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