$140 Million in Contracts: Kazakhmys, Kazatomprom, and ERG Eye Opportunities in Afghanistan

Kazakhstan and Afghanistan have signed commercial agreements worth $140 million, with some of Kazakhstan’s largest resource companies exploring investment opportunities in Afghanistan’s mineral sector, Orda.kz reports.
The deals were announced following the visit of Minister of National Economy Serik Zhumangarin to Kabul, where a Kazakh-Afghan business forum brought together over 50 Kazakhstani companies. According to the ministry, the agreements span a wide range of sectors, including food products, industrial chemicals, machinery, and IT services.
Zhumangarin noted that several major firms are showing serious interest in launching geological exploration and potential mining operations in Afghanistan.
These companies are looking into investment opportunities in promising mineral deposits. Representatives from ERG Exploration, Kazakhmys Barlau, and Kazatomprom joined our delegation to engage in detailed discussions,the Minister said.
Another group of specialists from Kazakhstan is set to visit Kabul at the end of May to assess Afghanistan’s geological potential. The Afghan side has committed to sharing relevant data on available mineral resources.
This follows earlier reports that geologists had already begun collecting samples from prospective Afghan mining sites.
Original Author: Nikita Drobny
Latest news
- EU Approves New Sanctions Targeting Russian Oil Industry and Banks
- Analyst Arman Beisembayev Explains the Record-Breaking Exchange Rate
- Qarmet and China’s Dadi Engineering Sign Coal Modernization Deal
- Zelenskyy Tasks Umerov with Intensifying Negotiations
- Georgian Dream Sees EU Visa Threat as Pressure
- Saken Mamash: Former Kazakh Diplomat Sentenced to Six Years for Abuse of Ex-Wife
- Kazakhstan Has Used 60% of Its National Fund Transfer Quota in First Half of 2025
- Oil Company Pays Nearly 200 Million Tenge in Wage Arrears
- Journalist Lukpan Akhmedyarov Says His YouTube Channel Has Been Removed
- Trump Raises the Stakes: Could Kazakhstan Face Secondary Sanctions?
- Uzbekistan, Afghanistan, and Pakistan Sign Agreement on Trans-Afghan Railway Feasibility Study
- Maintenance Completed at Pavlodar Petrochemical Plant Ahead of Schedule
- Tied to a Saddle and Dragged Across the Steppe: Family Blames Husband for Woman’s Death in Jetisu
- Renowned Poet and Playwright Israil Saparbay Passes Away at 84
- Scandal Over UAS Escalates with Russian Link and Legal Concerns
- Kairat Perizat: Witnesses Describe Fundraising at NIS and Large Cash Transfers in June 17 Hearing
- Syrian President Pledges Security For All Amid Sweida Tensions and Israeli Strikes
- KNB Anti-Corruption Service Detains Regional Tax Official in Aqmola
- Aqtau Faces Power Outages Amid MAEK Equipment Issues
- President Signs Law on Governance, Infrastructure Development