Industry News
The production cuts by Kazatomprom have led to a surge in uranium prices
Kazatomprom this month lowered its 2024 guidance by as much as 14%, having previously warned it’s likely to fall short of production targets into 2025.
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Industry News
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Industry News
Kazakhstan will provide tax benefits to processors of solid minerals
The government, by its resolution, will authorize the Minister of Industry and Construction to sign an agreement on the processing of solid minerals, under which the investor will be provided with tax…
Industry News
This disused mine in Finland is being turned into a gravity battery to store renewable energy
A Scottish company is using the Pyhäjärvi mine to build its first full-scale prototype gravity energy store.
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Over €4 billion secured for European battery production
ACC has taken out a loan of 4.4 billion euros, increasing the funding for the construction of three gigafactories for lithium-ion battery cell production in France, Germany, and Italy, and for R&D.…
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Congo’s Gecamines offers to buy some of Khazakh miner ERG’s copper assets
The Democratic Republic of Congo's mining unit wants to buy three of the Khazakh miner's assets in the country and has funds to finance the purchase
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The Republic of Kazakhstan will ban the export of ferrous scrap metal and petroleum products
Now it will be impossible to export Kazakh waste of ferrous metals and alloys.
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Copper concentrate production in Armenia decreased by 5.8%
Copper concentrate production in Armenia experienced a decline of 5.8% compared to the previous year
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Kyrgyzstan Cleans Up Uranium Mining Legacy
Mountains of Western Tian Shan in the Kyrgyz Republic hold many dangerous secrets related to the uranium mining activity.
Industry News
C5+1 Dialogue on Critical Minerals with Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan
On 8th February 2024, the U.S. Department of State hosted the inaugural meeting of the C5+1 Critical Minerals Dialogue (CMD), an initiative announced by President Biden and the presidents of Kazakhstan, the…
Industry News
The new government of the Republic of Kazakhstan sets tasks for the development of high value-added production
The new Prime Minister of the Republic of Kazakhstan, Olzhas Bektenov, gave this instruction during an extended government meeting.