MINEX Forum

Tag: Green Aluminium

  • China’s East Hope Group Advances $12.6 Billion Aluminium Megaproject in Kazakhstan

    China’s East Hope Group Advances $12.6 Billion Aluminium Megaproject in Kazakhstan

    China’s East Hope Group, one of the world’s largest producers of electrolytic aluminium and alumina, is progressing plans for a colossal $12.6 billion investment in Kazakhstan’s aluminium sector, according to the country’s Ministry of Industry and Construction.

    Kazakhstan’s Industry and Construction Minister Yersayin Nagaspayev held discussions with Chen Lei, East Hope Group’s Director for Strategic Investments. The two sides discussed establishing a full-cycle aluminium cluster within Kazakhstan, spanning the entire process from bauxite extraction through to primary aluminium output.

    Nagaspayev emphasised that full-cycle production projects are in keeping with Kazakhstan’s state industrial policy, which is geared towards deeper processing and the manufacture of high-value-added goods.

    The talks also covered the project’s current status, the formation of a raw materials base, and the development of production capacity and industrial cooperation. The company is currently undertaking geological exploration across multiple blocks in the Aktobe and Kostanay regions. The broader vision encompasses the development of 11 bauxite and coal deposits across the Kostanay and Aktobe regions, with the project expected to generate approximately 10,000 jobs once fully operational. KursivThe Times Of Central Asia

    The initiative has been gathering momentum since February 2025, when East Hope registered a subsidiary in Kazakhstan to serve as the project’s principal operational centre. An investment framework agreement was subsequently signed between East Hope and the Kazakh government. The Times Of Central AsiaMysteel

    As part of the scheme, East Hope Group intends to construct a 1-gigawatt coal-fired power station in the Kostanay region, whilst also exploring potential renewable energy ventures. The project is designed around circular economy principles, with the aim of creating a complete production cycle for green aluminium products. Qazaqgreen

    Both parties reaffirmed their commitment to advancing the project and strengthening investment cooperation.

  • Chinese Firm East Hope Group to Invest in Major Green Aluminium Project in Kazakhstan

    Chinese Firm East Hope Group to Invest in Major Green Aluminium Project in Kazakhstan

    Kazakhstan’s Prime Minister Olzhas Bektenov met with Liu Yongxing, Chairman of the Board for China’s East Hope Group, to discuss an ambitious project aimed at establishing a vertically integrated industrial park for “green” aluminium production in Kazakhstan. This initiative is designed around the principles of a circular economy, marking a significant step in the nation’s drive to diversify its economy.

    The proposed project encompasses the entire production cycle of “green” aluminium, from raw material extraction to the deep processing of high value-added materials. The initial phase includes constructing an ore dressing plant capable of processing 2 million tonnes of alumina annually, alongside an electrolysis plant to produce 1 million tonnes of aluminium per year. Crucially, the plan integrates renewable energy sources for electricity generation. East Hope Group estimates the project will create over 10,000 permanent jobs.

    “President Kassym-Jomart Tokayev has set the task of building a more diversified and future-oriented economy,” stated Prime Minister Bektenov. “We are gradually reducing our dependence on the raw materials sector and developing high value-added production. The creation of a vertically integrated aluminium production in Kazakhstan is a unique project that will ensure the comprehensive development of this sector within our domestic industry. The Government of Kazakhstan is ready for long-term cooperation.”

    Liu Yongxing highlighted Kazakhstan’s strategic importance as a logistical hub in Eurasia, noting its unique geographical advantages and development potential within the context of the “Belt and Road” initiative. He emphasised that Kazakhstan’s rich mineral resources and ongoing industrial modernisation strategy align perfectly with East Hope Group’s global priorities in “green” aluminium, modern agriculture, and renewable energy.

    Following the meeting, relevant ministries were instructed to provide the necessary support for the project’s implementation. East Hope Group has committed to certain obligations, including the training of local personnel and a phased increase in the proportion of Kazakhstani workers.

    East Hope Group is a global leader in the aluminium industry and is also active in polysilicon, “green” energy, agribusiness, and high-tech sectors.