A new copper smelter is set to be built in Kazakhstan. Investment in one of the country's largest metallurgical projects will exceed 750 billion tenge. The plant, with an annual capacity of 300,000 tonnes of cathode copper, is scheduled to begin operations in 2030. It will also produce gold, silver, and sulfuric acid. The project is being implemented in line with the President’s directives. According to the Ministry of Industry and Construction, the new smelter will increase Kazakhstan’s annual copper output 1.5-fold to 800,000 tonnes. It is also expected to significantly expand exports of higher value-added products and strengthen the country’s position among the world's leading copper producers.
«Today, the government approved the signing of an investment agreement between the ministry and Qazaq Smelter. The project involves the introduction of state-of-the-art metallurgical technologies and advanced environmental solutions that will reduce its carbon footprint and minimize its impact on the environment. The project will be one of the largest in Kazakhstan's metallurgical industry,» said Azamat Panbayev, Chairman of the Industry Committee at the Kazakh Ministry of Industry and Construction.
Notably, Kazakhstan’s manufacturing output increased by nearly 10% in the
first half of the year. Growth was driven primarily by the machinery, food
processing, chemical, oil refining, and building materials industries.
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