Kazakhstan Plans Gallium Production, Deepening Raw Material Ties with Belgium
What happened
At a seminar in Astana, Deputy Minister of Industry and Construction Olzhas Saparbekov announced that Kazakhstan plans to launch gallium production with an annual capacity of 15 tons. Kazakhstan stated it has the potential to supply 21 of the 34 critical raw materials identified by the European Union. The country is also allocating funds for geological exploration to expand raw material processing and joint projects with European partners.
From trend.az
Why it matters
Kazakhstan aims to occupy a key position in the midstream segment of the critical raw materials industry, potentially ensuring the stability of global supplies. This initiative supports deeper raw material processing and high-tech materials production through cooperation with European partners.
Kazakhstan and Belgium are deepening their bilateral relations through high-level visits.
From trend.az
Who's involved
- KazakhstanPlanning gallium production and expanding raw material processing capacity.
- BelgiumPartnering with Kazakhstan to deepen cooperation and support metallurgical complexes.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- ChinaSpeculative
Might face reduced reliance on Chinese critical raw material imports due to Kazakhstan's supply capability.
- EuropeSpeculative
Could see strengthened industrial resilience through the diversification of critical raw material supply.
May gain new financing opportunities through strategic projects in critical raw materials.
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The entities involved
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Kazakhstan
sovereign state in Eastern Europe and Central Asia
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Belgium
country in western Europe
Related events
- Joint energy projects and bilateral cooperation are underway for future development in Kazakhstan.
- Kazakhstan's trade dynamics are influenced by the development of the Eurasian Economic Union, following its 2015 entry into the WTO.
- A meeting took place in Astana to discuss expanding bilateral cooperation in energy sectors between Kazakhstan and Tajikistan.
- Kazakhstan and Kuwait expanded investment cooperation and strengthened trade ties, with Kazakhstan offering food security products.
- Kazakhstan held an investment roadshow in Frankfurt, seeking German cooperation and KfW financing for development projects.