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Kazakhstan is exploring large-scale metallurgy projects worth between USD 10 billion and USD 12 billion, with a major focus on expanding domestic processing capacity for bauxite, alumina and aluminium.
{alcircleadd}According to Arman Kassenov, the country has significant untapped potential across several metals sectors, particularly in aluminium and copper value-added manufacturing.
Kassenov said Kazakhstan currently holds substantial bauxite reserves and already processes part of that material into alumina. However, only around one-third of the alumina produced in the country is converted into primary aluminium at facilities in Pavlodar, while the remaining volumes are exported.
He noted that the existing alumina processing plant operated by ERG is already running at full capacity.
To strengthen domestic value addition, Kazakhstan is now considering development of a complete alumina-to-aluminium processing chain within the country. Proposed downstream projects include facilities for aluminium wire, cable, rolled products and other metal goods.
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According to Kassenov, projects tied to the aluminium value chain alone could require investments exceeding USD 5 billion to USD 6 billion.
The plans form part of Kazakhstan’s broader effort to expand domestic industrial processing instead of exporting raw or semi-processed materials.
Alongside aluminium ambitions, the government also highlighted opportunities in copper processing.
Kassenov said Kazakhstan’s copper sector could support projects worth more than USD 5 billion to USD 6 billion, noting that nearly 97 per cent of the country’s copper is currently exported either unprocessed or only minimally processed.
The vice minister added that Kazakhstan could develop production facilities for advanced copper products, including ultra-thin copper foil used in electric vehicle batteries and other high-tech applications.
He also said the country has the potential to build at least one large modern copper smelter either independently or in partnership with international companies.
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