The first mining and metallurgical company in Uzbekistan in iron and steel industry with a full cycle of metal production: from ore mining to steel products.
to create innovative, world-class mining and steel production.
We work with leading international and local businesses to create innovative, world-class mining and steel production.
Tebinbulak iron ore deposit is located in Karauzyak district of the Republic of Karakalpakstan. According to JORC Code, estimated reserves of the deposit are over 1 billion tons with an average grade of iron - 12.6% and magnetite - 6.8%.
Triangul Metals uses modern beneficiation technology to produce a concentrate with an average iron content of 67% from this ore, making the deposit economically viable and sustainable.
Geological exploration (supplementary exploration) at the Tebinbulak deposit is currently underway. After completion, reserves are expected to increase by 500 million amounting to a total reserves of 1.5 billion tons.
Tebinbulak iron ore deposit is located in Karauzyak district of the Republic of Karakalpakstan. According to JORC Code, estimated reserves of the deposit are over 1 billion tons with an average grade of iron - 12.6% and magnetite - 6.8%.
Triangul Metals uses modern beneficiation technology to produce a concentrate with an average iron content of 67% from this ore, making the deposit economically viable and sustainable.
Geological exploration (supplementary exploration) at the Tebinbulak deposit is currently underway. After completion, reserves are expected to increase by 500 million amounting to a total reserves of 1.5 billion tons.
Triangul Metals plans to create more than 5000 new jobs. According to studies, the creation of an integrated metallurgical cluster will have a positive impact not only on the metallurgical industry, but also on a number of related industries, the multiplier effect of which will increase the country's GDP by 3-3.5%.
It is difficult to overestimate the importance of this project for the economic development of Uzbekistan. Demand for steel and raw materials grows every year and according to forecasts of JSC Uzmetcombinat, demand for steel imports for Uzbekistan market till 2027 will be 6-6.5 million tons.
Products of the integrated metallurgical cluster Tebinbulak will replace a significant part of imported steel products, providing the Uzbek market with 1.8 million tons of metallurgical raw materials a year.
Government support
Project development is actively supported by the Government of the Republic of Uzbekistan. In order to develop the field the following regulatory legal acts were issued:
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Decree of the President of the Republic of Uzbekistan from December 28, 2022, No. PP-459 "On measures to implement the investment program of the Republic of Uzbekistan for 2023 - 2025"; - The Decree of the President of the Republic of Uzbekistan from December 31, 2021 № PP-72 "About approval of the investment program of the Republic of Uzbekistan for 2022 - 2026 and introduction of new approaches and mechanisms for management of investment projects";
- The Decree of the President of the Republic of Uzbekistan from July 19, 2022 № PP-325 "About measures on creation of special industrial zones "Qorao'zak" and "G'allaorol", construction of massif "Yangi O'zbekiston" in Karauzyak region of the Republic of Karakalpakstan".
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The Decree of the Cabinet of Ministers No. 198 dated May 16 2023 "On measures to provide special industrial zones "Qorao'zak" and "G'allaorol", as well as the free economic zone "Qorako'l", including massif "Yangi O'zbekiston" of Karauzya district with external road, transport and engineering-communication infrastructure;
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Decree of the Cabinet of Ministers No. 203/23 dated May 17, 2023 "On measures to organize the activities of special industrial zones "Qorao'zak" and "G'allaorol".
Government support
Project development is actively supported by the Government of the Republic of Uzbekistan. In order to develop the field the following regulatory legal acts were issued:
- Decree of the President of the Republic of Uzbekistan from December 28, 2022, No. PP-459 "On measures to implement the investment program of the Republic of Uzbekistan for 2023 - 2025";
- The Decree of the President of the Republic of Uzbekistan from December 31, 2021 № PP-72 "About approval of the investment program of the Republic of Uzbekistan for 2022 - 2026 and introduction of new approaches and mechanisms for management of investment projects";
- The Decree of the President of the Republic of Uzbekistan from July 19, 2022 № PP-325 "About measures on creation of special industrial zones "Qorao'zak" and "G'allaorol", construction of massif "Yangi O'zbekiston" in Karauzyak region of the Republic of Karakalpakstan".
-
The Decree of the Cabinet of Ministers No. 198 dated May 16 2023 "On measures to provide special industrial zones "Qorao'zak" and "G'allaorol", as well as the free economic zone "Qorako'l", including massif "Yangi O'zbekiston" of Karauzya district with external road, transport and engineering-communication infrastructure;
-
Decree of the Cabinet of Ministers No. 203/23 dated May 17, 2023 "On measures to organize the activities of special industrial zones "Qorao'zak" and "G'allaorol".
The main priority in the implementation of our project is to minimize the impact of technological processes of mining and beneficiation of iron ore on the components of the environment and social sphere of the region. This includes the use of advanced technologies that optimize ore mining and processing processes, which reduce emissions of pollutants into the atmospheric air by using facilities with a high purification factor (99%).
We actively control and monitor the environmental impact of our operations to ensure compliance with stringent regional and international environmental safety standards.
The Republic of Uzbekistan
info@tri-met.com
For government and controlling agencies:
TMT_seсretar@exat.uz
Tashkent, 47 Bunyodkor Ave.
The Republic of UzbekistanTRIANGUL METALS TEBINBULAK JSC