From raw material extraction to the production
of deep processing products. Kazakh Prime Minister Olzhas Bektenov instructed
the country’s Ministry of Industry and Construction, in collaboration with the
Baiterek Holding, to develop a model for creating a cluster with a full-cycle
production chain aimed at developing the rare and rare-earth metals industry. He
also tasked them with addressing the creation of an internationally accredited
laboratory. The development of the industry will strengthen the country's
position in the global market, attract technology and capital, and expand
participation in supply chains across new sectors of the economy.
Notably, Kazakhstan has organized the
production of various metals, including beryllium, scandium, tantalum and
niobium, bismuth, antimony, and selenium. Projects are underway for the
development of lithium deposits, and plans are in place to establish the production
of graphite concentrate with a focus on final product processing. This month, a
tungsten concentrate production facility with a capacity of up to 3.3 million
tonnes was launched in the Almaty region, with an investment of $350 million. Further
plans include establishing the production of a wide range of other rare-earth
metals with the active involvement of domestic financial institutions.
Web-editor: Гайни Жумабек
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