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DKNews: Kazakhstan and China: Strategic Cooperation in the Mining and Metallurgical Industry
2023/06/07 12917

The national company KAZAKH INVEST and the Chinese metallurgical company Zijin Mining have agreed to develop deposits of non-ferrous and noble metals in Kazakhstan. The memorandum of cooperation was signed on the sidelines of the 13th International Mining and Metallurgical Congress "Astana Mining & Metallurgy Congress", DKNews.kz reports.

Zijin Mining Group Co is a large mining group engaged in the exploration and development of gold, copper, zinc, and other mineral resources worldwide. The company is implementing more than 30 major mining projects in 12 countries and 14 regions of China. The company's market capitalization exceeded $47 billion in 2022.

Bauyrzhan Aitkulov, the Head of Projects of the Investment Task Force Division at "NC "KAZAKH INVEST" JSC emphasized that cooperation between Kazakhstan and Zijin Mining has high potential, including for the development of the mining industry as a whole.

He emphasized that the experience, know-how, and access to advanced technologies of Zijin Mining will enable the efficient development of deposits, ensuring sustainable development and compliance with environmental standards.

Azamat Kozhanov, Managing Director of "NC "KAZAKH INVEST" JSC noted that China is an important partner for Kazakhstan and invited investors to consider the possibility of developing rare-earth deposits as well.

The national company "KAZAKH INVEST" sets the task of creating a favorable investment environment, attracting capital and technologies, as well as contributing to the development of the national economy based on sustainable and responsible use of natural resources. Cooperation with major companies in the development of non-ferrous and noble metal deposits is an important step in this direction.


Source: DKNews

À propos de Zijin Mining
Zijin Mining est une entreprise mondiale leader dans le secteur des métaux et de l'exploitation minière, et l'un des plus grands producteurs mondiaux d'or, de cuivre et de zinc. La société compte plus de 30 sites miniers et projets d'envergure répartis dans 19 pays sur 5 continents. Grâce à ses solides capacités internes en matière de recherche, d'ingénierie et de développement, Zijin maintient une efficacité opérationnelle élevée à moindre coût, tant pour les acquisitions que pour les opérations. Cette approche lui permet de se positionner en tant que leader de la création de valeur, guidée par une philosophie de développement pour tous et soutenue par des performances exemplaires en matière d'environnement, de responsabilité sociale et de gouvernance. Les actions de Zijin sont cotées à la Bourse de Hong Kong (HKEX : 2899) et à la Bourse de Shanghai (SSE : 601899).