Vast Resources (VAST) has signed a new memorandum of understanding with the Tajikistan government’s Ministry of Industry and New Technologies.
The purpose of the MoU is to provide a framework of cooperation and facilitate collaboration between the two parties in identifying new exploration and exploitation targets for non-ferrous and strategic mineral deposits for exploitation from historical databases.
The MoU also covers the identification of new exploration targets from greenfield areas, and aligns the parties in working jointly towards developing a Tajik Mineral Investment Fund for the purpose of developing Tajikistan's mining industry.
The MoU will be valid until 19 May 2026.
The agreement was signed at the recent Tajikistan-UK Mining Forum, held at the London Stock Exchange.
Vast was a key presenter at this event, and also a sponsor.
View from Vox
Tajikistan is relatively unexplored, and could offer huge upside to companies willing to familiarise themselves with the terrain and the geology. Vast already has significant in-country experience, and it’s good to see the company firming up its relationship with the government in anticipation of future discoveries.