Industry News

Russia & Uzbekistan aluminum cooperation drives economic growth

Views : 126
Update time : 2025-05-07 20:37:00
At the international industrial exhibition Innoprom. Central Asia, Denis Manturov, First Deputy Prime Minister of Russia, called for expanded cooperation to address global challenges, saying mutually beneficial projects in Central Asia could be key drivers for industrial growth. Uzbekistan, with US$67 billion in joint projects, had a 6.5% GDP increase in 2024 and sustained growth in the coming years.

Irina Kazovskaya, Chair of the Aluminum Association, emphasized the importance of Russian standards and environmentally friendly materials for bilateral industrial cooperation, and the collaboration with Uzbek enterprises in the energy, transport, and construction industries could enhance both nations’ economies.

Since aluminum is still crucial in construction, Russia is ready to share its innovative aluminum alloys to strengthen both economies through aluminum industry development.
Related News
Read More >>
ArcelorMittal opens first Brazilian solar plant early ArcelorMittal opens first Brazilian solar plant early
Dec .11.2025
ArcelorMittal opens first Brazilian solar plant early
LME aluminium cash offer rises to $2,836.5/t and opening stocks drop 0.29% LME aluminium cash offer rises to $2,836.5/t and opening stocks drop 0.29%
Dec .11.2025
LME aluminium cash offer rises to $2,836.5/t and opening stocks drop 0.29%
Interest rate cut expectations fail to offset off-season realities, aluminium prices' upside momentum at high levels remains limited Interest rate cut expectations fail to offset off-season realities, aluminium prices' upside momentum at high levels remains limited
Dec .11.2025
Interest rate cut expectations fail to offset off-season realities, aluminium prices' upside momentum at high levels remains limited
Global supply strains position Japan for higher aluminium premiums in 2026 Global supply strains position Japan for higher aluminium premiums in 2026
Dec .11.2025
Global supply strains position Japan for higher aluminium premiums in 2026