financetom
Business
financetom
/
Business
/
Trump meets Central Asian leaders to boost critical mineral ties
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Trump meets Central Asian leaders to boost critical mineral ties
Nov 6, 2025 6:08 PM

*

Trump hosts talks with five Central Asian leaders

*

US seeks partnerships on critical minerals, energy and

trade

*

Central Asia remains economically tied to Russia, with

China in

the wings

(Adds comments from Trump and C5 leaders)

By Jarrett Renshaw and Nandita Bose

Nov 6 (Reuters) -

President Donald Trump on Thursday called critical minerals

a key priority as he hosted the leaders of five Central Asian

nations at the White House, emphasizing his administration's

efforts to expand and secure U.S. supply chains through new

global agreements.

The meeting with leaders of Kazakhstan, Kyrgyzstan,

Tajikistan, Turkmenistan and Uzbekistan came as Washington seeks

to expand its influence in a resource-rich region long dominated

by Russia and increasingly courted by China. Trump called

Central Asia "an extremely wealthy region," saying he is

committed to making America's partnership with the five

countries stronger.

"One of the key items on our agenda is critical

minerals," Trump said. "In recent weeks, my administration has

strengthened American economic security by forging agreements

with allies and friends across the world to broaden our critical

mineral supply chains."

The talks took place amid intensifying competition for

Central Asia's vast mineral wealth -- which includes uranium,

copper, gold and rare earths -- as Western nations move to

diversify supply chains away from Moscow and Beijing. The U.S.

is pursuing new partnerships to secure critical minerals,

energy, and overland trade routes that circumvent its

geopolitical rivals.

Trump made his remarks before dinner with the leaders of the

five nations.

Kazakhstan's president, Kassym-Jomart Tokayev, called the

meeting the "beginning of a new era of interaction between the

United States and Central Asia." Kazakhstan also took the

symbolic step of joining the Abraham Accords that have

normalized relations between Israel and Muslim-majority nations.

Shavkat Mirziyoyev, president of Uzbekistan, called

Trump the "president of the world" and proposed setting up a

permanent secretariat in Central Asia.

Launched in 2015, the C5+1 platform brings together the

United States and the five Central Asian states to advance

cooperation on economic, energy and security issues.

CRITICAL MINERALS MEMORANDUM

The U.S. and representatives of the five nations were

expected to sign deals to cooperate on critical minerals. Among

business deals that were announced was an agreement for Boeing ( BA )

to sell up to 37 airplanes to airlines in Kazakhstan,

Tajikistan and Uzbekistan combined, according to a government

statement. A U.S. company, Cove Capital, will mine tungsten in

Kazakhstan with government-backed financing.

Gracelin Baskaran, a director at the Center for Strategic

and International Studies, said the administration will pursue

government-to-government engagement but also commercial deals

that secure U.S. access to vital minerals.

"As China and Russia entrench their control over the

region's mining, processing and infrastructure systems,

Washington is seeking to establish a tangible foothold through

targeted strategic projects," Baskaran said.

NATIONS ARE RICH IN URANIUM, COPPER, GOLD

Rich in minerals and energy, the five nations remain

economically tied to Russia, their former Soviet ruler, while

neighboring China has expanded its influence through large-scale

infrastructure and mining investments.

Together, the countries are home to 84 million people and

hold vast deposits of uranium, copper, gold, rare earths and

other strategic minerals essential to global efforts to

transition to greener forms of energy.

Kazakhstan, the region's largest economy, is the world's

leading uranium supplier, producing nearly 40% of global output

in 2024, while Uzbekistan ranks among the top five.

Together, they account for just over half of the world's

uranium production - a vital resource for U.S. nuclear power,

which is a significant source of U.S. electricity. Russia

supplies roughly 20% of the U.S.'s imported uranium, making

diversification increasingly urgent.

Under Trump, the U.S. has pursued a multi-pronged strategy

to secure critical minerals and reduce reliance on China, which

dominates global supply chains for strategic metals including

uranium, rare earth elements, copper, and titanium.

China, at times, has leveraged its dominance by restricting

exports.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Form 8.3
Form 8.3
Apr 29, 2026
LONDON--(BUSINESS WIRE)--   FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser:   Sand Grove Capital Management LLP (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming...
Graphic Packaging Signs Deal With NextEra Energy Resources for 250-MW Solar Plant in Texas
Graphic Packaging Signs Deal With NextEra Energy Resources for 250-MW Solar Plant in Texas
Apr 29, 2026
09:56 AM EDT, 04/29/2026 (MT Newswires) -- Graphic Packaging ( GPK ) said Wednesday it has signed a virtual power purchase agreement with NextEra Energy's ( NEE/PW ) Energy Resources unit to build a 250-megawatt solar plant in West Texas. The planned Selenite Springs Energy Center in the Electric Reliability Council of Texas market is expected to begin commercial operations...
Deals of the day-Mergers and acquisitions
Deals of the day-Mergers and acquisitions
Apr 29, 2026
(Adds: Chiesi Group, Ares Management ( ARES ), Amadeus Updates: Kone ( KNYJF ), DCC) April 29 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday: ** Italian pharma company Chiesi Group will buy U.S.-listed KalVista Pharmaceuticals ( KALV ) in an all-cash deal valued at about $1.9 billion, the two companies said...
Zebra Technologies Invests in Apera AI to Strengthen Automation Capabilities
Zebra Technologies Invests in Apera AI to Strengthen Automation Capabilities
Apr 29, 2026
09:57 AM EDT, 04/29/2026 (MT Newswires) -- Zebra Technologies ( ZBRA ) said Wednesday its venture arm has invested in Apera AI to support the development of artificial intelligence-driven automation solutions. Financial details of the investment weren't provided. The investment focuses on Apera AI's 4D Vision technology, which enables robots to perform complex tasks in dynamic manufacturing environments using real-time...
Copyright 2023-2026 - www.financetom.com All Rights Reserved