Kazakhstan and Austria Explore New Areas of Industrial Cooperation
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As part of the official visit of Minister of Foreign Affairs of the Republic of Kazakhstan Yermek Kosherbayev to Austria, Gabidulla Ospankulov, Chairman of the Investment Committee of the Ministry of Foreign Affairs, held a series of bilateral meetings with Austrian industrial and technology companies to discuss potential investment projects in Kazakhstan, Ministry of Foreign Affairs of the Republic of Kazakhstan reports.
During the meetings, negotiations were held with Primetals Technologies Austria GmbH, the largest division of the international Primetals Technologies group, specializing in environmentally friendly steel production technologies, digitalization, and automation of metallurgical processes. The company is one of Austria’s leading engineering enterprises, with an annual turnover exceeding 750 million euro, and possesses advanced expertise in engineering, rolling technologies, and intelligent industrial systems. Previously, the company signed an agreement with ERG to implement a major metallurgical project in Kazakhstan. Continuing this cooperation, the parties discussed additional opportunities for Primetals Technologies to participate in Kazakhstan’s industrial initiatives, including potential collaboration with Qarmet and other local partners on new production facilities.
Chairman of the Investment Committee Ospankulov also met with the management of Magnatech GmbH, a company with over 30 years of experience in metallurgy and mining industries. Company specializes in acid regeneration technologies, energy-efficient solutions, industrial equipment supply, and full-cycle engineering. The company has implemented projects in the USA, Germany, Brazil, Austria, India, Türkiye, and several CIS countries, including construction of industrial plants and deployment of green energy technologies. During the meeting, the sides discussed prospects for localization of technological solutions in Kazakhstan, introduction of eco-efficient and resource-saving technologies in metallurgy, and creation of joint projects in industrial modernization and service support.
Additional meetings were held with Austrian companies interested in entering the Kazakh market, expanding production cooperation, and developing logistics potential along the Trans-Caspian "Middle Corridor."
Gabidulla Ospankulov emphasized that Kazakhstan is interested in expanding the presence of Austrian companies and technology partners in key sectoral projects: "Austrian companies possess strong engineering expertise and long-standing experience in implementing industrial projects. Kazakhstan offers substantial opportunities for partnership - from metallurgy and mechanical engineering to green technologies and industrial modernization. We stand ready to provide comprehensive support to investors and accompany joint initiatives at every stage," he underlined.
The parties identified specific areas for further work and agreed to move forward with practical steps to prepare joint projects. In the near future, additional consultations with companies and sectoral agencies are planned to accelerate the development of initiatives in industry and metallurgy.
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Kazakhstan eyes coal production ramp-up to deliver new energy projects
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Kazakhstan seeks to meet the rising coal demand for its new energy projects by increasing mining capacity and upgrading the sector, Qazinform News Agency reports.
These issues were on the agenda of a meeting chaired by Vice Minister of Energy Yerlan Akbarov, with the participation of the country’s largest coal-mining companies.
The meeting took place as part of the implementation of the Head of State’s directives given at the 5th meeting of the National Qurultay, with a focus on a new national project for the development of coal-based power generation.
As noted by the Ministry of Energy, the project is aimed at strengthening the role of coal as a strategic resource for Kazakhstan, which has reserves exceeding 33 billion tons. The project involves expansion of generation capacity as well as comprehensive modernization of the sector - from attracting investment and upgrading fuel and logistics infrastructure to introducing environmental solutions and training personnel.
According to the ministry’s forecasts, the demand for thermal coal for new projects will exceed 19 million tons per year by 2032. This requires an accelerated increase in production capacity.
In particular, Bogatyr Komir LLP plans to increase coal production from 42.7 million tons in 2024 to 45.2 million tons by 2026, and to reach 56.5 million tons by 2032. By that time, the company intends to invest 360 billion tenge in the construction of new cyclic-flow technology facilities, the purchase of equipment, and the modernization of production capacities. At the same time, digital solutions are being introduced, including an MES system and freight flow optimization, which will enhance efficiency and safety in mining operations.
Shubarkol Komir JSC also announced plans to increase production. The company expects to raise output to 16.1 million tons by 2026. Its investment program for 2026-2032 is estimated at 95.5 billion tenge and provides for technical re-equipment, equipment upgrades worth 49.4 billion tenge, the implementation of the second phase of the Cyclic-flow overburden complex-2, and the introduction of digital technologies, including Hovermap 3D mapping systems and robotic dump trucks.
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Kazakhstan ready to create favorable conditions for Serbian entrepreneurs - Tokayev
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Presidents Kassym-Jomart Tokayev of Kazakhstan and Aleksandar Vučić of Serbia held a press briefing for media representatives on Friday following the highest-level talks, Qazinform News Agency reports, citing the Akorda press service.
We held detailed discussions on cooperation in trade, transport and logistics, energy, industry, agriculture, information technology, and artificial intelligence, as well as the cultural and humanitarian agenda. We have reached a series of concrete agreements. Particular attention was paid to expanding trade-economic and investment cooperation. Bilateral trade turnover is demonstrating growth. As of today, approximately 60 Serbian companies are operating successfully in Kazakhstan. Clearly, our economic capabilities provide room for even greater growth. We aim to expand trade volumes and implement promising, mutually beneficial investment projects. In my view, this must become a top priority for the Intergovernmental Commission on Economic Cooperation," stated President Tokayev.
Kassym-Jomart Tokayev noted that Aleksandar Vučić’s delegation included major Serbian entrepreneurs who participated in the Kazakhstan-Serbia Business Council meeting.
The necessity of strengthening ties between the two countries' business communities has been emphasized. Overall, Kazakhstan is ready to create favorable conditions for Serbian entrepreneurs. We also specifically discussed the expansion of transport and logistics links. Last year, the launch of direct flights between Astana and Belgrade marked a significant step toward deepening bilateral cooperation. During the talks, we also reviewed opportunities to effectively use the Trans-Caspian International Transport Route and to launch new logistics routes. Another topic of discussion was infrastructural interaction. Relevant ministries and operators have been entrusted with defining specific formats for collaboration. Special emphasis is being placed on energy and industry. We agreed to join efforts in the extraction and advanced processing of critical raw materials to develop high-tech industrial sectors," the President concluded.
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Serbia interested in expanding presence of Kazakhstani companies in joint projects
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At today’s extended-attendance talks, President of Serbia Aleksandar Vučić thanked President of Kazakhstan Kassym-Jomart Tokayev for a warm welcome and confirmed Belgrade’s readiness for further strengthening of multifaceted cooperation with Astana, Qazinform News Agency learnt from the Akorda press service.
The President expressed interest in expanding the participation of Kazakhstani companies in joint projects, first of all, in the construction sector.
He said Serbia is ready to develop projects proposed by Kazakhstan, which may become flagship projects not only for Serbia but also for the entire region in this part of Europe.
The issue of granting Kazakhstan’s SCAT airline the fifth freedom rights in Serbian airspace was raised, with hopes for a mutually beneficial resolution. He also said Serbia is ready to welcome Kazakhstani investors and construction firms, which will help improve the investment attractiveness of Serbia and contribute to the development of mutual cultural and tourism ties. He also pledged to apply the best efforts to support Serbian entrepreneurs who wish to invest in Kazakhstan.
The Serbian leader emphasized significant potential for building cooperation in defense, AI and data centers. He also praised achievements in Kazakhstan’s socioeconomic development, regarding them as a symbol of progress for the world.
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UK strikes critical minerals deal with Kazakhstan
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Foreign Secretary Yvette Cooper will announce a critical minerals deal with Kazakhstan on Thursday as the West scrambles to diversify its supply chains away from China, politico.eu reports.
Britain’s top diplomat will host foreign ministers from the five Central Asian countries - Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Uzbekistan - at Lancaster House in London.
Cooper will unveil the critical minerals deal with Kazakh Foreign Minister Yermek Kosherbayev, alongside pacts with the other countries covering carbon capture and higher education.
Central Asia is an important region with huge potential to boost economic growth," Cooper told POLITICO in a statement. "These agreements deliver for British businesses, strengthen economic security and are a clear demonstration of U.K. support for the independence of the Central Asian states."
The new plan of action will diversify U.K. supply chains by supporting British investment in critical minerals in Kazakhstan. The MoU was signed by Kazakhstan’s Deputy Minister for Industry Olzhas Saparbekov and Trade Minister Chris Bryant.
Global demand for critical raw materials is rising rapidly, driven by clean energy technologies, advanced manufacturing and defence industries," Kosherbayev wrote in a recent op-ed. Kazakhstan, he noted, produces 22 of the 36 minerals identified in the U.K.’s Critical Minerals Strategy last November, including uranium, titanium, silicon and rhenium.
Kazakhstan is a global critical minerals powerhouse, supplying over 40 percent of the world's uranium and leading in titanium production. It is a top‑ten copper and zinc exporter.
Early this month, U.K. Foreign Minister Seema Malhotra was in Washington for a key meeting of 50 nations to diversify critical mineral supply chains away from China. The U.K. set out a Critical Minerals Strategy last November to ensure that by 2035 no more than 60 percent of Britain’s supply of any one critical mineral comes from a single country.
In further efforts to support the economic security and independence of the Central Asia republics, Cooper will also announce a new agreement on U.K. education cooperation with Tajikistan, Turkmenistan and Uzbekistan, alongside a second campus for Coventry University in Almaty, Kazakhstan, and a new AI center at Cardiff University’s campus in Astana.
She will also unveil a deal for British start-up Valor Carbon and the Government of Kyrgyzstan to develop carbon capture projects and a £100 million deal to plant 25,000 hectares of forest.
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Kazakhstan and the United Kingdom Deepen Economic Cooperation in Priority Sectors
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As part of his visit to London, Minister of Foreign Affairs of the Republic of Kazakhstan Yermek Kosherbayev held talks with the UK’s Acting Minister of State for Business and Trade and Co-Chair of the UK-Kazakhstan Intergovernmental Commission on Trade and Economic Cooperation, Chris Bryant, Ministry of Foreign Affairs of the Republic of Kazakhstan reports.
As Co-Chair of the Kazakhstan-UK Intergovernmental Commission, you play an important role in advancing our multifaceted partnership. We believe that through this mechanism we will be able to achieve further practical outcomes. By expanding innovative partnerships in priority sectors, including critical minerals, nuclear energy, digital transformation and artificial intelligence, our countries can lay the foundation for long-term mutually beneficial cooperation," said Minister Kosherbayev, during the meeting.
Both sides welcomed the positive momentum in political dialogue and the sharp growth in bilateral trade, which reached 1.6 billion US dollars last year - an 84% increase. Particular attention was given to the strong performance of British investment in Kazakhstan, where more than 500 UK-affiliated companies are currently operating. These include major projects in priority sectors such as critical minerals, green energy, digital technologies and artificial intelligence.
In the energy sector, thesides confirmed the continued stability of Kazakh oil supplies to Europe and discussed opportunities to expand cooperation with British companies.
Minister Kosherbayev underscored the strategic importance of developing the critical minerals sector and highlighted successful joint projects with UK companies, including Rio Tinto and Maritime House. Under the recently signed Roadmap on Critical Minerals, the two sides agreed to intensify cooperation in the extraction and processing of rare earth elements.
A particular attention was paid to the United Kingdom’s Critical Minerals Strategy published last year, in which Kazakhstan is presented as a case study of an effective and long-term partnership.Of the 36 minerals designated as strategically important by the UK, 22 are already produced in Kazakhstan - including uranium, titanium, silicon and rhenium. This underlines Kazakhstan’s role as a key partner in strengthening resilient and diversified supply chains.
The interlocutors agreed that cooperation in this field is moving into a practical phase. The focus is shifting beyond extraction toward value creation - including processing and refining, recovery of associated components, development of specialised services, establishment of modern recycling capacity, and transparent financial mechanisms to support investment projects.
A separate segment of the talks focused on cooperation in education. In particular, the opening of a new campus of Coventry University in Almaty and plans to expand the presence of Heriot-Watt University in Kazakhstan were discussed. Minister Kosherbayev highlighted the success of dual-degree programmes, student exchanges and internships, as well as the publication of the first Oxford Kazakh dictionary and the launch of Kazakh language courses at Oxford University.
The parties also discussed the prospects for digital and technological partnership, including cooperation with OneWeb and the development of collaboration in the field of artificial intelligence. In healthcare, Kazakhstan noted the valuable contribution of British experts and companies to the modernization of its national healthcare system.
Concluding the meeting, Acting Minister Bryant reaffirmed the United Kingdom’s commitment to further strengthening its strategic partnership with Kazakhstan, expanding practical cooperation and deepening intergovernmental dialogue to deliver tangible results in the economy, science and technology.
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Kazakhstan to raise share of processed farm products to 70%
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By the end of 2025, the share of processed agricultural products in the country across key categories - meat, milk, oilseeds, corn, rice, and buckwheat - reached 64%, Qazinform News Agency reports.
Food production volumes totaled 3.9 trillion tenge, which is 8.1% more compared to the previous year. Exports of processed products rose by 35.3% reaching 3.6 billion US dollars.
The figures were announced at an extended meeting of the Ministry of Agriculture on the results of the country’s agro-industrial sector development in 2025 and priorities for 2026.
Those attending the meeting were the representatives of the President’s Executive Office, Government, Atameken National Chamber of Entrepreneurs, vice ministers, business and NGO leaders, regional deputy governors, and territorial divisions of the ministry.
Minister of Agriculture Aidarbek Saparov emphasized that the strategic goal set by the Head of State is to raise the share of processed agricultural products to 70%.
In 2025, the share of processed products - meat, milk, oilseeds, cord, rice, and buckwheat - reached 64%. In 2026, the target is 70%. Food production amounted to 3.9 trillion tenge, up 8.1%. Exports grew by 35.3% and made 3.6 billion US dollars," he reported.
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