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Askar Mamin: Kazakhstan’s mining and metallurgy industry demonstrates dynamically high rates of development

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May 25 this year, First Deputy Prime Minister Askar Mamin took part in and spoke at the VIII International Mining and Metallurgy Congress in Astana.

A. Mamin noted that Forum’s importance as an international platform for discussion and resolution of the most important issues in the mining and metallurgical complex, emphasizing that “the Head of State pays special attention to the development of the mining and metallurgical complex for sustainable economic growth.”

Kazakhstan ranks 7th in the world in terms of iron ore reserves and 33rd in terms of steel production. The mining and metallurgical complex occupies more than 18% of the overall structure of industrial production.

A. Mamin noted that for the first time in recent years, the mining and metallurgical industry of the world demonstrates positive trends caused by the rise in world prices for base metals, the revival of markets and a reduction in expenditures for most leading mining companies.

According to the results of 4 months of 2017, Kazakhstan’s economic growth amounted to 3.7%. The volume of industrial production was 107.1%, including in mining – 107.8%, in manufacturing – 106.8%, � the First Deputy Prime Minister said.

It is important for us to maintain the positive dynamics of the industry’s growth and effectively use our competitive advantages, � A. Mamin emphasized in this regard.

According to him, the main technological trend in the mining and metallurgical industry is the Fourth Industrial Revolution. Already today there are positive examples of applying elements of Industry 4.0, which allow using low-cost technological solutions to reduce the cost of production and at times increase production volumes.

Taking into account the fact that Kazakhstan is one of the largest producers of iron ore raw materials and steel products, work is under way to become a member of the OECD Steel Committee. Membership in the OECD will allow participating in developing decisions on the issues of subsidies and state support for metallurgical enterprises and to make efforts to develop fair competition in the steel market, also taking into account the WTO requirements.

Noting the relevance of the discussed topics, A. Mamin wished the forum participants effective work on developing approaches to solving issues of industrial and environmental safety, developing new products in the MMC, introducing innovative technologies.

Recall, the XXV World Mining Congress is planned to be held on June 18-22, 2018 in Astana.

Source: Government of the Republic of Kazakhstan

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