Odaş Elektrik Signs Protocol for Strategic Metal Cooperation in Uzbekistan

Odaş Elektrik's subsidiary Suda Maden has signed a cooperation protocol with Uzbekistan's state-owned company UzTMK to develop strategic metal projects. This agreement is seen as part of the company's strategy to expand its presence in Central Asia. Under the protocol, the parties will conduct joint work on the exploration, extraction, and processing of strategic metal resources. Uzbekistan's rich mineral deposits enhance the potential of this cooperation. Following the announcement, Odaş Elektrik shares saw strong buying interest from investors, reaching the daily price limit. This movement reflects the market's positive valuation of the deal. Company officials stated that this cooperation could provide significant financial contributions in the long term, though no clear details or timelines for the projects have been disclosed yet. This is not investment advice.