ASTANA, Kazakhstan, July 18. Metallurgy remains the main driver of Kazakhstan's manufacturing industry, accounting for 40.1 percent, said the Minister of National Economy Serik Zhumangarin at a meeting of the Economic Growth Support Headquarters, Trend reports.
According to the information, currently, the production
capacities of enterprises are loaded at 90-100 percent, which
limits the possibilities for further volume increases.
By the end of the first half of 2025, the physical volume index in
the metallurgy industry grew by 0.1 percent. To accelerate the
growth of the sector, a special roadmap has been developed and is
being implemented. According to the Deputy Minister of Industry and
Infrastructure Development Olzhas Saparbekov, several intermediate
goals of the document have already been achieved.
In particular, restoration work at the "Zhomart" mine has been
completed, and zinc concentrate supplies from the Aktobe Copper
Company to Kazzinc enterprises have increased. The KAZ Minerals
group has delivered large shipments of copper concentrate to
domestic plants.
This will significantly increase the volume of its processing
within the country by the end of the year. Serik Zhumangarin
instructed the sectoral ministry to work closely with regional
akimats (administrative regions) where key metallurgical
enterprises are located, addressing any issues with production
managers to ensure sustainable economic growth.
In 2024, the metallurgy industry achieved its highest growth in
the last 10 years – 6.9 percent.
KAZ Minerals is a major mining company specializing in the
extraction of copper and other minerals in Kazakhstan and
Kyrgyzstan. The Company is focused on large scale, low cost open
pit copper mining and is one of the leading copper producers in
Central Asia.
