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Kazakhstan approves Balkhash copper smelter project, plans to start production in 2030

Kazakhstan approves Balkhash copper smelter project, plans to start production in 2030

智通财经智通财经2026/07/30 22:31
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```html(1) The government of Kazakhstan has announced that it has approved an investment agreement with Qazaq Smelter, a Kazakh smelting company, to build a new copper smelter in Balkhash. (2) The project requires private investment of 750 billion tenge (approximately $1.6 billion), is scheduled to start construction in 2027, and plans to begin operations in 2030. (3) The smelter is designed with an annual production capacity of 300 thousand tons of cathode copper, 10 tons of gold, 300 tons of silver, and over 1.5 million tons of sulfuric acid.```
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