NEQSOL signs Uzbekistan critical minerals cooperation deal

NEQSOL Holding has signed a cooperation agreement with Uzbekistan’s Ministry of Mining Industry and Geology to pursue joint development of critical minerals, including titanium, during the TIIF 2026 investment forum in Tashkent. The deal strengthens Azerbaijan-Uzbekistan investment ties and targets supply chains that matter to aerospace, high-tech and other advanced industries.

Why it matters: - Critical minerals are central to aerospace, advanced manufacturing, telecommunications infrastructure and other industries that depend on secure supply chains. - The agreement positions NEQSOL Holding to expand into strategically important raw materials in Uzbekistan, including titanium. - The deal also supports broader Azerbaijan-Uzbekistan economic cooperation at a time when both countries are seeking deeper investment ties.

What happened: - NEQSOL Holding signed a cooperation agreement with the Ministry of Mining Industry and Geology of the Republic of Uzbekistan on joint development of critical minerals in Uzbekistan. - The signing took place during the 5th Tashkent International Investment Forum (TIIF 2026) in Tashkent on June 26, 2026. - Yusif Jabbarov, chairman of the board of NEQSOL Holding, signed the agreement during the official bilateral ceremony between Azerbaijan and Uzbekistan. - Prime Minister of Azerbaijan Ali Asadov and Prime Minister of Uzbekistan Abdulla Aripov participated in the ceremony. - Jabbarov also joined the Azerbaijani delegation’s meeting with Uzbekistan President Shavkat Mirziyoyev during TIIF 2026.

The details: - The cooperation agreement covers critical minerals used in aerospace, chemical, high-tech and other advanced industries. - The agreement specifically includes strategic raw materials such as titanium. - The initiative focuses on responsible resource development. - The stated goal is to help build stronger and more resilient supply chains. - The forum meeting with Mirziyoyev focused on priority areas for investment cooperation and the long-term potential of the Azerbaijan-Uzbekistan partnership. - Jabbarov said the company sees significant potential in Uzbekistan and wants to work with partners to support responsible resource development and create sustainable value. - Jabbarov said critical minerals are becoming more important to economic development, technological innovation and resilient industrial supply chains.

Between the lines: - The agreement fits a broader push by governments and companies to secure inputs for industries tied to national competitiveness. - Uzbekistan gains another international partner for mineral development, while NEQSOL gains a foothold in a resource sector with long-term strategic demand. - The timing at TIIF 2026 suggests the deal is part of a wider effort to convert diplomatic momentum into commercial projects.

What's next: - NEQSOL Holding and Uzbekistan’s mining ministry are expected to explore concrete opportunities for development under the agreement. - Further investment discussions may follow from the Azerbaijan-Uzbekistan dialogue and the meeting with Mirziyoyev. - The partnership could lead to additional projects tied to critical minerals if both sides move from agreement to implementation.

The bottom line: - NEQSOL Holding is using Uzbekistan as a new platform for its critical minerals strategy, with titanium and other strategic raw materials at the center of the deal.