2.2 C
Belgrade
Supported byspot_img
spot_img

Kazakhstan and EU forge ahead in critical raw materials, green hydrogen and battery collaboration

Member of Europium Groupspot_img
Supported byspot_img

A gathering on March 5th hosted by the Kazakh Embassy in Belgium drew around 60 high-ranking officials from the European Union and representatives of the EU business community. The focal point of this significant meeting was the collaboration between Kazakhstan and Europe concerning critical raw materials (CRM), green hydrogen, and batteries.

In a landmark move in November 2022, Kazakhstan and the European Union inked a Memorandum of Understanding on sustainable raw materials, batteries, and renewable hydrogen value chains. This was accompanied by the adoption of a detailed Roadmap for implementation throughout 2023.

During the March 5th meeting, Bolat Akchulakov, energy advisor to the president of Kazakhstan, underscored the strategic importance of the Kazakhstan-EU Memorandum of Understanding. He emphasized its role in fostering a strategic partnership to collectively pursue the objectives of a green transition.

Supported by

Luc Devigne, deputy managing director for Eastern Europe and Central Asia of the European External Action Service (EEAS), hailed the Kazakhstan-EU relationship as a “success story of cooperation.” He expressed the EU’s commitment to further fortify this partnership, ensuring the sustainability of supply chains and mutual achievement of climate change goals.

As part of the event, Kazakhstan’s national company, Kazakh Invest, delivered a comprehensive report on CRM at its Brussels office. It was highlighted that Kazakhstan currently produces 19 out of the 34 critical raw materials listed by the European Union.

The report further pointed out that Kazakh manufacturers presently supply the EU with beryllium, tantalum, and titanium. There exists untapped potential to explore other raw materials in Kazakhstan, with the prospect of establishing processing plants for nickel, cobalt, manganese, and lithium. This strategic move would enable Kazakh enterprises to contribute significantly to the production of batteries, a vital component for electric vehicles.

Supported byElevatePR Digital

Related News

China launches $5 billion mining initiative in Zambia to support copper production growth

China has officially launched the Chinese Mining Enterprise Association in Zambia (CMEAZ), a major initiative aimed at investing $5 billion into Zambia's mining sector...

Peak Minerals to acquire majority stake in Suriname’s Tapanahony gold project

Australian exploration and development company Peak Minerals has entered into a binding letter of intent to acquire a significant interest in the Tapanahony gold...

PT Vale and GEM Co. forge $1.42 billion nickel processing deal in Indonesia

PT Vale and Chinese battery metals producer GEM Co. have signed a project investment cooperation framework agreement to build a high-pressure acid leach (HPAL)...

India must strengthen domestic critical mineral supply to reduce import dependence, report warns

India must prioritize investments in its domestic critical mineral sector to reduce its heavy reliance on imports of cobalt, lithium and nickel, according to...
Supported by
Supported by
Supported by
error: Content is protected !!