25.05.2017, 13:29 3338

Askar Mamin: Mining and Metallurgy industry of Kazakhstan demonstrates dynamically high rates of development

May 25 this year the First Deputy Prime Minister, Askar Mamin, took part and spoke at the VIII International Mining and Metallurgy Congress in Astana.

Astana. 25 May. Kazakhstan Today - May 25 this year the First Deputy Prime Minister, Askar Mamin, took part and spoke at the VIII International Mining and Metallurgy Congress in Astana.

A. Mamin noted the importance of the Forum as an international platform for discussion and resolution of the most important issues in the mining and metallurgical complex, emphasizing that "the Head of State pays special attention to the development of the mining and metallurgical complex for sustainable economic growth."

Kazakhstan ranks 7th in the world in terms of iron core reserves and 33rd in the world in terms of steel production. In the overall structure of industrial production, the mining and metallurgical complex takes more than 18%.

For the first time in recent years, there are positive trends in the mining and metallurgical industry of the world caused by the rise in world prices for base metals, the revival of markets and a reduction in costs for most leading mining companies, A. Mamin noted.

"Following the results of 4 months of 2017, the growth of the economy of Kazakhstan amounted to 3.7%. The volume of industrial production was 107.1%, including in mining - 107.8%, in manufacturing - 106.8%, "the First Deputy Prime Minister said.

"It is important for us to maintain the positive dynamics of the industry's growth and effectively use our competitive advantages", Mamin emphasized in this regard.

According to his words, the main technological trend in the mining and metallurgical industry is the Fourth Industrial Revolution. Today, there are positive examples of application of elements of Industry 4.0, which allow using low-cost technological solutions to reduce the cost of production and at times increase the volume of products.

Taking into account the fact that Kazakhstan is one of the largest producers of iron ore raw materials and steel products, work is under way to become a member of the OECD Steel Committee. Membership in the OECD will allow participating in the development of decisions on the problems of subsidies and state support for metallurgical enterprises and to make efforts to develop fair competition in the steel market, including taking into account the requirements of the WTO.

Noting the relevance of the discussed topics, A. Mamin wished the forum participants effective work on developing approaches to solving issues of industrial and environmental safety, developing new products in the MMC, introducing innovative technologies.

By the way, the XXV World Mountain Congress is planned to be held on June 18-22, 2018 in Astana.

Source: The Prime Minister of Kazakhstan Official website

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