On May 12, 2025, the Investment Promotion Agency hosted a meeting with representatives of the National Arab Mining Company (NAMC) of the Hashemite Kingdom of Jordan and its local partner in Uzbekistan, Basalt Uzbekistan.

During the meeting, NAMC shared its plans to establish cooperation in the production of basalt composite materials in Uzbekistan and to develop trade relations in the Jordanian market. Both sides exchanged information on investment opportunities, localization conditions, and available incentives. They agreed to continue the dialogue to explore potential areas for cooperation.

For reference: NAMC is Jordan’s national company, which oversees a portfolio of industrial projects including basalt, lithium, and manganese sulfate production facilities with a combined investment value exceeding USD 600 million.