Will Kazakhstan gain market share in battery materials?

The country wants to gain market share in battery materials such as lithium, cobalt, manganese, nickel and graphite amid rising demand for the materials, Sharlapayev 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.

Is Kazakhstan a major supplier of uranium and titanium?

Kazakhstan is a major global supplier of both uranium andtitanium. It also holds 2% of world nickel reserves, but has,for now, a negligible share in its global output. The country has also yet to tap its deposits of lithium, another key metal, but exploration is underway.

Why is Kazakhstan a dependable supplier of critical materials?

The former Soviet republic promotes itself as a dependable supplier of the majority of critical materials outlined by theEuropean Union, at a time when Russia has threatened to curb exports and China is tightening control over rare earths. Kazakhstan has signed deals with the European Union and Britain on the supply of critical minerals.

How reliable is Kazakhstan?

Kazakhstan has signed deals with the European Union and Britain on the supply of critical minerals. "People know that Kazakhstan is very reliable We've been supplying markets for a very long time," industry minister Kanat Sharlapayev said in an interview this week.

Why is Kazakhstan launching new EV exploration licences?

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 sector, the country's industry minister told Reuters.

How many mining licences are issued in Kazakhstan?

This has hiked the number of issued licences so far this year to 487 compared to 397 for all of 2023, according to data from the ministry. Major mining companies involved in exploration in Kazakhstan include BHP, Rio Tinto, First Quantum Minerals, Fortescue and Teck Resources.