Kazakhstan Invites German Companies For Joint Rare Earth Exploration And Processing
Date
9/17/2024 5:19:48 AM
(MENAFN- Trend News Agency)
ASTANA, Kazakhstan, September 17. The
development of industrial cooperation, including increasing the
supply of critical materials from Kazakhstan to Germany, is a key
focus of collaboration, said President Kassym-Jomart Tokayev during
a meeting with the leaders of Central Asia and the German
Chancellor, Trend reports.
"Kazakhstan invites German companies to join in the exploration
and extraction of rare earth metals. I propose a 'raw materials for
technology' partnership, with both primary and secondary ore
processing taking place in the region. In this regard, we welcome
the investment by HMS Bergbau to mine and process lithium in East
Kazakhstan, an over $500 million project," he said.
President Tokayev also highlighted Kazakhstan's continued
commitment to providing favorable conditions for German investors
to explore and develop deposits of precious and non-ferrous metals
in the country.
"I believe it would be beneficial, with the support of our
European partners, to establish a Regional Research Center for Rare
Earth Metals, based at Kazakhstan's Technological Forecasting
Center," said President Tokayev.
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