Kazakhstan to Supply UK With Critical Minerals
Photo: gov.kz
London is betting on Kazakhstan’s resources, trying to reduce its dependence on China, Orda.kz reports.
In England, the Minister of Foreign Affairs of Kazakhstan Ermek Kosherbayev and the foreign ministers of four other Central Asian countries met with the head of British diplomacy Yvette Cooper. The parties discussed agreements on the supply and processing of important fossil resources and cooperation in the field of higher education.
Cooper noted the need to strengthen ties with the Central Asian region.
Central Asia is an important region with great potential for accelerating economic growth. These agreements provide opportunities for British business, strengthen economic security and demonstrate Great Britain’s support for the independence of the Central Asian states, she said.
The new action plan is expected to diversify British supply chains by supporting investments in critical mineral projects in Kazakhstan.
Kazakhstan’s natural resources are of interest in many countries. For example, the American Cove Capital and Tau-Ken Samruk agreed on the joint development of tungsten deposits Northern Katpar and Upper Kairakty. American Cove Capital will have 70% and control sales, the project is estimated at $1.1 billion.
Read also:
Latest news
- Orda.kz Editorial Team to Cease Operations on September 1
- The Price of a Degree: How Students in Kazakhstan Pay for University
- Second Przewalski’s Horse Foal Born as Species Returns to Kazakhstan
- Kazakh Mining Companies Can Recalculate Purchases if Tenge Weakens
- Kazakhstan Names First Vice President in Three Decades
- What Almaty’s Bus Shelters Are Missing
- 400-Truck Queue Builds at Kazakh–Kyrgyz Border
- Kazakhstan Ready to Help Feed and Rebuild Gaza
- Tokayev Establishes New Presidential Security Body
- Almaty Takes Back Its Nearly Century-Old Hippodrome
- No More Guesswork on Savings: Kazakhstan Tightens Energy Audits for Businesses
- Public Money Could Be Used to Rescue Failing Kazakh Banks
- Third Kazakh Woman Reported Missing in Nepal-China Flood Zone
- Falconer Convicted Over 35 Protected Birds, Spared Punishment Under Amnesty
- Kazakh Citizen Detained in Yakutia in Phone Fraud Case
- Yuan Instead of Dollars? KazMunayGas Draws Record Demand in Asia
- China Gains Oil-Market Influence as OPEC+ Weakens
- Kazakhstan to Divide Smartphones Into White, Gray and Black Lists
- Kazakhstan’s Government Formally Resigns as First Kurultai Session Opens
- Rare Lynx Sighting Recorded in Northern Kazakhstan
