China Interested In Kazakhstan and Uzbekistan Mineral Deposits

Central Asia is one of the priority regional directions of China’s foreign policy, with developing land transport links making the region an important mineral resource base. China’s active policy has positive aspects, but also contains potential threats for the Central Asian republics. While in Kyrgyzstan and Tajikistan, China has managed to form a deep dependence on investment, in Uzbekistan and Kazakhstan, the PRC is trying to maintain a stable level of its presence. Chinese Mining Interests in Kazakhstan

Kazakhstan is a strategically important supplier of uranium. The country’s share of China’s uranium supply is about 65% of China’s total, while Kazakhstan’s domestic production covers only 20% of China’s energy needs. CGN Mining controls 49% stakes in uranium JVs with Kazatomprom, Semizbai-U and Ortalyk.

In accordance with the requirements adopted by Kazakhstan in relation to foreign developers, China must provide investment or technology in exchange for the operation of mines. Kazakhstan […]

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