ASTANA, Kazakhstan, March 5. Kazakhstan plans to commission five projects in non-ferrous metallurgy with an investment volume of 42.5 billion tenge ($85 million) in 2025, Trend reports via the Monitoring and Analysis Directorate of Project Implementation at QazIndustry.
These projects are expected to create approximately 1,300 permanent jobs. Among the new projects are the production of dore gold alloy, cathode copper, and aluminum profiles.
"Upon reaching the designed capacity of the projects planned for this year, the production volumes will amount to around 35.5 billion tenge ($71 million), including 4.5 billion tenge ($9 million) in exports and 31 billion tenge ($62 million) in import substitution," QazIndustry stated.
QazIndustry also reported that 36 non-ferrous metallurgy projects, valued at approximately 2.2 trillion tenge ($4.4 billion), are currently under implementation. These will provide more than 9,800 permanent jobs, including about 7,600 in rural areas and 2,200 in urban areas.
The projected production volume of all non-ferrous metallurgy projects upon reaching their designed capacities is expected to total around 2.1 trillion tenge ($4.2 billion), with 1.2 trillion tenge ($2.4 billion) planned for export and 0.9 trillion tenge ($1.8 billion) for import substitution.
In terms of regions, the largest number of implemented and under-development non-ferrous metallurgy projects are in the Karaganda region.
Last year, Kazakhstan realized ten projects in this sector with a total value of 139.4 billion tenge ($278.8 million), creating over 1,500 jobs. Among the projects were the production of dore gold alloy, refined copper sheets, aluminum wire rods, refined lead, and copper and aluminum billets. Upon reaching their designed capacity, the total production volume of the projects launched in 2024 will amount to about 117.2 billion tenge ($234.4 million), with 71.7 billion tenge ($143.4 million) allocated for export and 45.5 billion tenge ($91 million) for the domestic market.
Non-ferrous metallurgy is one of the largest and leading industries in Kazakhstan's economy. Its development is driven by the availability of its raw material base, with significant deposits of copper, zinc, nickel, lead, aluminum, gold, silver, and other metals.