"Kyrgyzaltyn" held negotiations with representatives of American business

Анна Федорова Economy
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«Kyrgyzaltyn» held negotiations with representatives of American business

The directions for the development of the mining sector were discussed



On February 2, OJSC «Kyrgyzaltyn» held a series of meetings with representatives of major American companies as part of the B5+1 business forum. The negotiations were led by Kubat Abdrayimov, the chairman of the company's board.


During the visit, the prospects for cooperation with Pangea Global, Mooney Group, TETHYS Gateway Investment, and Nasdaq were discussed.


The main focus was on issues related to the development of the mining industry, the implementation of modern technologies, and the improvement of domestic production in accordance with international standards, including the requirements of the European Union. Attention was also drawn to laboratory research, technological progress, and workforce training in the mining industry.


Additionally, participants discussed the creation of a sustainable industrial ecosystem and ways to expand investment partnerships.


As a result of the meetings, memorandums of understanding were signed between OJSC «Kyrgyzaltyn» and Pangea Global, Mooney Group, TETHYS Gateway Investment, aimed at developing cooperation.


Pangea Global is an American company engaged in the development of energy technologies and the implementation of geological and hydrological solutions for the transformation of energy and the extraction of rare earth elements in Eurasia.


Mooney Group is an investment consulting firm focused on critical minerals and strategic metals, aiming for vertical integration in the mining, oil refining, and processing industries.


TETHYS Gateway Investment is a Luxembourg strategic investment platform working with private capital and implementing projects in the sector of critical minerals, infrastructure, and energy in Turkey and Central Asia, as well as within the framework of the logistics project "Middle Corridor".


Nasdaq is a stock exchange in the USA and a technology company that provides infrastructure for capital markets, as well as data, technology, and financial services worldwide.

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