Plenary session 1 (MINEX Kazakhstan’24)

Enhanced Drivers for the Advancement of the Mining and Metallurgical Industry in Kazakhstan.

Kazakhstan's mining and metallurgical industry stands at a pivotal juncture, where attracting foreign investment and embracing cutting-edge technologies are paramount for sustaining its competitive edge. Currently, a significant portion of mined metals in Kazakhstan undergoes processing outside the country. To address this, the "Kazcontent 2.0" initiative has been introduced, focusing on localising production, cultivating industrial hubs, and establishing technology parks. The Kazakh government plans to revise laws to increase metal ore processing from under 20% to 50% by 2036. This strategy is expected to invigorate the manufacturing sector, decrease raw material and primary metal exports, and enhance revenue from higher-value products. The plenary session will highlight the Kazakh Government's, investors', and subsoil users' strategies for enhancing local production capacities, particularly in electronics, automotive, polymers, electric batteries, and other components. This approach is intended to foster local industrial growth and create higher-value products by processing mineral raw materials within the country.