Knauf Gruppe, GP Günter Papenburg AG and Roxtec, leading German companies, have established a consortium in order to explore and produce lithium in Kazakhstan, according to the Ministry of Industry and Construction of the Republic of Kazakhstan. German Institute for Technologies and Economics of Lithium (ITEL) will also take part in the project.
He also noted that Kazakhstan’s industry doesn’t need lithium at all. Knauf Gruppe, GP Günter Papenburg AG and Roxtec, leading German companies, have established a consortium in order to explore and produce lithium in Kazakhstan, according to the Ministry of Industry and Construction of the Republic of Kazakhstan.
The consortium participants have already established a working group that is expected to review the potential of Kazakhstani lithium reserves. In June 2023, HMS Bergbau AG, another German company, agreed to cooperate with Kazakhstan’s Creada Corporation and allocate $200 million in investments for lithium exploration in the country.
German HMS Bergbau AG is planning to put $700 million in lithium production in Kazakhstan once it obtains full control over a local company that runs two lithium fields, according to Minister of Industry and Infrastructural Development Marat Karabayev. «German public company Bergbau has bought 51% of shares of a Kazakhstani business.
As Chair of the National Geological Service of Kazakhstan Yerlan Galiyev noted in November 2023, six fields in Kazakhstan might contain lithium: Yubileynoe, Verkhne-Baymurzinskoye, Bakenny, Akhmetkino, Medvedka and Akhmirovskoye.
According to the minister, Bergbau is the first company from Germany that is going to produce rare metals in Kazakhstan. In contrast, Chinese companies have been working in this sector in Kazakhstan for a long time. «The German company will run two lithium fields in the East Kazakhstan region. The amount of investments is expected at $700 million.
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Chinese Company Interested in Development of Lithium Industry in Kazakhstan
This company occupies 15% of the Chinese market for the production of lithium carbonate. During the meeting, the parties discussed prospects for cooperation and investment opportunities in Kazakhstan''s lithium exploration, production, and processing projects.
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Chinese Company Interested in Development of …
This company occupies 15% of the Chinese market for the production of lithium carbonate. During the meeting, the parties discussed prospects for cooperation and investment opportunities in Kazakhstan''s …
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Chinese company explores Kazakhstan''s lithium industry
Zhicun Lithium Group, which commands a 15% share of the Chinese lithium carbonate production market, sees Kazakhstan as a promising avenue for expanding its …
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German companies will produce lithium in Kazakhstan
Knauf Gruppe, GP Günter Papenburg AG and Roxtec, leading German companies, have established a consortium in order to explore and produce lithium in Kazakhstan, according to the Ministry of Industry and Construction of the Republic of Kazakhstan. German Institute for Technologies and Economics of Lithium (ITEL) will also take part in the project.
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China''s Zhicun Lithium explores lithium opportunities in Kazakhstan
This initiative is part of a broader international interest in Kazakhstan''s lithium resources. Notably, the Korea Institute of Geoscience and Mineral Resources (KIGAM) identified a high-grade lithium deposit in Eastern Kazakhstan last year. KIGAM plans to apply for a drilling survey in the area next year with a Korean company to begin mining the lithium. Additionally, …
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German company plans to pour $700 million into …
German HMS Bergbau AG is planning to put $700 million in lithium production in Kazakhstan once it obtains full control over a local company that runs two lithium fields, according to Minister of Industry and Infrastructural …
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Metals-rich Kazakhstan seeks niche in battery supply chain
The country wants to gain market share in battery materials such as lithium, cobalt, manganese, nickel and graphite amid rising demand for the materials, Sharlapaev said. Kazakhstan already mines manganese, but last year it launched processing of manganese sulphate and aims to eventually capture 10% of the global market for the battery material.
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China''s Zhicun Lithium explores lithium opportunities in Kazakhstan
The convergence of Chinese, Korean, and German interests in Kazakhstan''s lithium reserves highlights the global race for lithium, which has been marked by not only …
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China''s Zhicun Lithium explores lithium opportunities in Kazakhstan
The convergence of Chinese, Korean, and German interests in Kazakhstan''s lithium reserves highlights the global race for lithium, which has been marked by not only economic opportunities but also geopolitical positioning in securing a "risk-free" supply chain.
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Metals-rich Kazakhstan seeks niche in battery supply chain
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German enterprises set to initiate lithium production in Kazakhstan ...
Prominent German firms, Knauf Gruppe, GP Günter Papenburg AG, and Roxtec, have formed a consortium to investigate and extract lithium in Kazakhstan, the …
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Metals-rich Kazakhstan seeks niche in battery supply chain
Kazakhstan aims to boost output of metals needed for electric vehicle (EV) batteries and is issuing hundreds of new exploration licences to attract fresh investment in the …
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Chinese Company Interested in Development of Lithium Industry …
Director of the Project Department of JSC "NC "KAZAKH INVEST" Bauyrzhan Aitkulov held a meeting with representatives of Zhicun Lithium Group, one of the largest …
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Chinese Company Poised to Develop Lithium Industry in Kazakhstan
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Chinese Company Poised to Develop Lithium Industry in Kazakhstan
Zhicun Lithium Group, one of China''s largest companies specializing in the full-cycle production of lithium batteries, is engaged in talks with Kazakh Invest on lithium exploration, production, and processing projects in Kazakhstan.
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Chinese company explores Kazakhstan''s lithium industry
Zhicun Lithium Group, which commands a 15% share of the Chinese lithium carbonate production market, sees Kazakhstan as a promising avenue for expanding its operations. Bauyrzhan Aitkulov, Director of the Project Department, shed light on Kazakhstan''s rich geological reserves of lithium and emphasized the strategic significance of developing ...
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Chinese Company Interested in Development of Lithium Industry in Kazakhstan
Director of the Project Department of JSC "NC "KAZAKH INVEST" Bauyrzhan Aitkulov held a meeting with representatives of Zhicun Lithium Group, one of the largest Chinese companies specializing in the full-cycle production of lithium batteries. This company occupies 15% of the Chinese market for the production of lithium carbonate ...
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German enterprises set to initiate lithium production in Kazakhstan ...
Prominent German firms, Knauf Gruppe, GP Günter Papenburg AG, and Roxtec, have formed a consortium to investigate and extract lithium in Kazakhstan, the Ministry of Industry and Construction of the Republic of Kazakhstan reported. The German Institute for Technologies and Economics of Lithium (ITEL) will also participate in this ...
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German companies will produce lithium in Kazakhstan
Knauf Gruppe, GP Günter Papenburg AG and Roxtec, leading German companies, have established a consortium in order to explore and produce lithium in Kazakhstan, according to the Ministry of Industry and …
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German company plans to pour $700 million into lithium …
German HMS Bergbau AG is planning to put $700 million in lithium production in Kazakhstan once it obtains full control over a local company that runs two lithium fields, according to Minister of Industry and Infrastructural Development Marat Karabayev.
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