Traxys Global CEO Mark Kristoff and Uzbekistan President Shavkat Mirziyoyev discuss opportunities to expand cooperation and investment across the critical minerals value chain.

Traxys is pleased to announce the signing of an agreement with the Government of Uzbekistan to expand cooperation across the critical minerals value chain. Following discussions on the sidelines of the C5+1 Business Forum, the agreement reflects a shared ambition to deepen collaboration, unlock investment opportunities, and support the long-term development of critical mineral resources that are increasingly essential to global industrial growth and the energy transition.

The broader discussions brought together senior representatives from the Government of Uzbekistan, including Jamshid Khodjaev, Deputy Prime Minister; Laziz Kudratov, Minister of Investment, Industry and Trade; and Bobur Islamov, Minister of Mining Industry and Geology. Traxys was represented by Mark Kristoff, Global CEO, and Temurbek Hikmatullaev, Head of the Representative Office of Traxys in Uzbekistan. Discussions focused on expanding cooperation in geological exploration, mining, and advanced mineral processing; attracting investment; deploying modern technologies; and advancing potential joint development initiatives. Participants also emphasized the importance of building resilient, transparent, and sustainable critical mineral supply chains to support growing global demand.

During the visit, Traxys Global CEO Mark Kristoff also met one-on-one with President Shavkat Mirziyoyev to discuss Uzbekistan's growing role in global critical minerals supply chains and opportunities to strengthen cooperation between Traxys and the country's mining and minerals sector.

The agreement underscores Traxys' commitment to partnering with governments, producers, and other stakeholders to responsibly develop critical mineral supply chains and create long-term value throughout the industry. By combining Uzbekistan's significant mineral potential with Traxys' global market expertise, financing capabilities, commercial reach, and growing regional presence, the partnership establishes a strong foundation for future growth and investment. Traxys looks forward to strengthening its relationship with Uzbekistan and supporting initiatives that help develop a competitive, globally connected mining and minerals sector.

About Traxys

Traxys is a leading global physical commodity trader and merchant in the metals and natural resources sectors, with annual turnover in excess of USD 10 billion. Headquartered in Luxembourg and with operations in over 20 countries, Traxys is engaged in sourcing, trading, marketing, and distributing non ferrous metals, ferro-alloys, minerals, industrial raw materials, and energy products.

Traxys has been selected as one of a small number of authorized commodities trading firms to participate in Project Vault, the U.S. Government backed strategic critical minerals reserve program. Traxys is committed to the highest internationally recognized principles for responsible business conduct, and to ensuring that its operations are equitable, sustainable, and transparent. Learn more at www.traxys.com.

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