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China’s East Hope Group, one of the world’s largest aluminium producers, is considering an investment of USD 12.6 billion in Kazakhstan’s bauxite mining and aluminium sector, according to the country’s Ministry of Industry and Construction. The proposal was discussed during talks between Industry and Construction Minister Yersayin Nagaspayev and East Hope Group’s Director for Strategic Investments, Chen Lei.
{alcircleadd}The investment plan builds on earlier discussions held on February 17, 2025, when East Hope Group announced plans to invest more than USD 12 billion in Kazakhstan’s green aluminium and non-ferrous metals sector following meetings with senior Kazakh officials. The broader initiative includes mining, raw material processing, an aluminium smelter with electrolysis facilities, and captive power generation, and is expected to create nearly 10,000 jobs.
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The company is at the moment conducting a geological exploration programme in several locations in the Aktobe and Kostanay regions as part of the process of developing an integrated aluminium production chain that will include, from bauxite extraction up to primary aluminium production in Kazakhstan. The plan entails developing an integrated green aluminium supply chain for Europe, Central Asia, and China while developing the industrial capabilities of Kazakhstan under the Belt and Road Initiative.
Moreover, a power plant with a capacity of 1 GW is under construction in the Kostanay region, which will allow for easy industrial development. Apart from studying the production of electricity using coal, the East Hope Group also aims to explore other avenues in renewable energy generation.
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