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2 clusters · 10 sources · 3 days · First seen · Last updated

Azerbaijan mining and metallurgy sector development

Overview

Azerbaijan is implementing a state program for 2027–2030 to expand its mining and metallurgical industries, aiming to increase the sector’s annual export potential from 1.3 billion manat to 3.4 billion manat by 2030. The initiative includes preparing the ‘Filizçay’ polymetallic deposit for exploitation and exploring the creation of local metal smelting facilities to process copper domestically.

Further developments have identified significant mineral and precious metal reserves in the Agdere and Kalbajar regions. These include large deposits of copper, gold, silver, and coltan, as well as mercury, marble, onyx, and nephrite. Experts suggest these resources will serve as primary drivers for the economic development of Karabakh and East Zangezur.

Entities

Azəralüminium MMC · Balakan · Vugar Bayramov · AzerGold · Dashkasan

Timeline

  1. 1 day ago

    [BUSINESS] 2 sources
    Azerbaijan identifies vast mineral reserves in Agdere and Kalbajar

    Large reserves of gold, copper, silver, and other precious metals have been identified in Azerbaijan's Agdere and Kalbajar regions, positioning them as key drivers for regional economic growth.

  2. 4 days ago

    [BUSINESS] 9 sources
    Azerbaijan targets mining and metallurgy expansion through new state program

    Azerbaijan is implementing a state program to expand its mining and metallurgy sectors, aiming to increase export potential to 3.4 billion manat by 2030 and create thousands of new jobs.

Sources

balaken.info · banker.az · diaspornews.az · en.trend.az · modern.az · news.az · tezadlar.az · trend.az · ucnoqta.az · yeniazerbaycan.com