Kazakhstan and China discussed metallurgy cooperation

The prospects for investment cooperation in the mining industry of Kazakhstan and China were discussed in Beijing, a correspondent of Khabar 24 reports.

The round table took place as part of the Kazakh-Chinese Business Council, a dialogue platform for business circles of the two countries. This mechanism is initiated by the Samruk-Kazyna Foundation and the Committee for the Promotion of International Trade of the PRC.

The Chinese entrepreneurs were demonstrated specific projects for the exploration, extraction, enrichment and deep processing of ore, including industrial waste of the mining industry, as well as seen the benefits for foreign investors.

In turn, the representatives of the PRC business proposed various models of cooperation, spoke about the projects being implemented abroad, as well as their technological and financial advantages.

Jia Mingxing, Secretary General of the China Nonferrous Metals Industry Association:

- China has been developing non-ferrous metallurgy for many years. Today, we are the leaders in the world in terms of technologies and equipment in the exploration, mining, smelting and ore processing. For these reasons, our countries are mutually supportive.

China has already implemented several investment projects in Kazakhstan, for example, in the production of aluminum and copper. We export our equipment and technologies to Kazakhstan, which allows us to reduce the cost of production.

 https://24.kz/ru/news/economyc/item/480845-kazakhstan-i-kitaj-obsudili-sotrudnichestvo-v-metallurgii