• Sign in
  • 1744009905_435.svg 1744009905_642.svg

  • Latest news
  • Top headlines
  • Most read
  • Columnists
O'zbekcha
Ўзбекча
Русский
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • Latest news
  • Top headlines
  • Most read
  • Columnists
    • USD12557.56
    • RUB159.44
    • EUR14809.13
    • Google play
    • App Store
    • Telegram
    • Tashkent
      +30°C
      • Andijan
      • Karshi
      • Bukhara
      • Samarkand
      • Ferghana
      • Sirdarya
      • Jizzakh
      • Termez
      • Namangan
      • Tashkent
      • Navoiy
      • Tashkent reg
      • Nukus
      • Urgench
    • Daryo
      • About Daryo
      • Editorial office
      • Contact us
      • Terms of use
      • Privacy policy
      • News archive
    • Advertisement
    • Social networks
      • Instagram | Main
      • Instagram | Lifestyle
      • Instagram | Sport
      • Facebook | Main
      • OK | Main
      • YouTube | Daryo
      • YouTube | Daryo in Russian
      • YouTube | Daryo Global
    Telegram Youtube Facebook Instagram Twitter vkontakte
    Daryo logo white
    • Uzbekistan
      • Others
      • Navoi
      • Tashkent region
      • Syrdarya
      • Jizzakh
      • Kashkadarya
      • Surkhandarya
      • Khorezm
      • Bukhara
      • Samarkand
      • Namangan
      • Fergana
      • Andijan
      • Karakalpakstan
      • Tashkent City
      • DaryoKindness
      • Weather
    • Central Asia
      • Uzbekistan
      • Afghanistan
      • Kyrgyzstan
      • Kazakhstan
      • Turkmenistan
      • Tajikistan
    • World
    • Money
      • Business
      • Economics
      • Finance
      • Crypto
    • Culture
      • Movies
      • Books
      • Music
      • Celebrities
    • Lifestyle
      • Women only
        • Children
        • Beauty
        • Carrier
        • Advises
        • Fashion
        • Recipes
      • Technology
        • Architecture
        • Gadjets
        • Science
        • Space
        • Media
      • Auto
      • Entertainment
      • Travel
      • Health
      • Education
        • Entrant
        • Learn english
    • Sport
      • Football
      • UFC
      • Boxing
    infinix
    Daryo.uz - Login
    Daryo.uz Daryo.uz
    Daryo.uz - Login
    Kazakhstan

    German enterprises set to initiate lithium production in Kazakhstan

    German enterprises set to initiate lithium production in Kazakhstan

    Prominent German firms, Knauf Gruppe, GP Günter Papenburg AG, and Roxtec, have formed a consortium to investigate and extract lithium in Kazakhstan, the Ministry of Industry and Construction of the Republic of Kazakhstan reported. The German Institute for Technologies and Economics of Lithium (ITEL) will also participate in this initiative.

    Photo: German enterprises set to initiate lithium production in Kazakhstan 
    Source: Freepik

    The consortium members promptly set up a working group tasked with assessing the potential of lithium reserves in Kazakhstan.

    In June 2023, HMS Bergbau AG, an additional German entity, entered into a collaboration agreement with Kazakhstan’s Creada Corporation. The agreement includes an allocation of $200 mn for lithium exploration in the country. Furthermore, the German investor has plans to construct a mining complex worth $500 mn for the production and processing of lithium in the East Kazakhstan region.

    Yerlan Galiyev, Chair of the National Geological Service of Kazakhstan, indicated in November 2023 that six fields in Kazakhstan, namely Yubileynoe, Verkhne-Baymurzinskoye, Bakenny, Akhmetkino, Medvedka, and Akhmirovskoye, could potentially contain lithium.

    Photo: German enterprises set to initiate lithium production in Kazakhstan 
    Source: Wikipedia

    In October 2022, President Kassym-Jomart Tokayev of Kazakhstan stated that the country might hold between 50 to 100 tons of lithium reserves. He instructed the geological service to accelerate the exploration and development of lithium fields.

    Rare metals are essential for the manufacture of high-tech products, including electronics, magnets, batteries, and other innovative items.

    Bauyrzhan Aitkulov, Head of Mining Projects in Kazakh Invest, noted in October 2022 that Kazakhstan had made minimal progress in lithium production and processing. The country has not yet conducted any large-scale search for potential lithium reserves. Information about reserves discovered during the Soviet era was classified.

    Photo: German enterprises set to initiate lithium production in Kazakhstan 
    Source: Freepik

    The average cost of lithium extraction from subsurface brine is approximately $14 mn, compared to $90 mn for traditional mining. Aitkulov pointed out that the low profitability of this business discourages investors from taking more active steps. He also mentioned that Kazakhstan's industry currently does not need lithium.

     

    Follow Daryo's official Instagram and Twitter pages to keep current on world news.

    19.02.2024, 14:16   Comments (0)   2439
    Facebook Twitter LinkedIn Telegram Email

    Comments (0)

    Sign in
    Leave A Reply Cancel

    On this topic

    China to invest $10bn in lithium reserves in Afghanistan

    14.04.2023, 23:46

    John Goodenough, inventor of lithium-ion batteries, passes away aged 100

    27.06.2023, 16:47

    Uzbekistan delegation engages in Lithium Days 2023 forum in Germany 

    14.12.2023, 19:12

    Kazakhstan launches Pandemic Fund to fortify health resilience

    19.02.2024, 13:00

    Kazakhstan plans $22 bn investment in transportation infrastructure

    19.02.2024, 02:04

    Kaspi.kz’s biggest shareholder to sell Russian assets, including Ozon marketplace

    18.02.2024, 14:00
    ×Lightbox Image

    Daryo.uz | Solution to your problems


    Don't want to waste time standing in lines? Pay your utility bills through the Ipoteka Retail mobile app?


    Beepul 's rising popularity: 3.5x user growth, transaction up 2.3x in 2024


    Beeline Uzbekistan started 2025 with a significant network modernization


    More than 500,000 new users: residents of Uzbekistan choose the Hambi superapp

     

    Recommended

    Iran as the pressure point: How Washington’s campaign against Tehran seeks to undercut China and Russia - and why Central Asia risks the fallout

    19 June, 12:24

    "Visa simplification with Uzbekistan could be on the table," EU Ambassador Klaar points out

    11 June, 12:12

    “Uzbekistan is undergoing large-scale reforms and transformation,” says EU business leader at TIIF

    11 June, 08:34

    Central Bank warns half of monthly income goes to loans as debt burden rises in Uzbekistan

    3 June, 12:34
     
     
     

    Latest news

    South Korea’s leading BPO firm prepares Uzbekistan entry with local office plan

    Uzbekistan | 5 July, 16:35

    Uzbekistan to build 20MW wind power plant in Tashkent region

    Uzbekistan | 5 July, 13:01

    Kyrgyzstan, global health partners expand immunization efforts ahead of Gavi 6.0 strategy

    Kyrgyzstan | 5 July, 11:00

    Uzbekistan’s president highlights peace, trade, and reform at ECO Summit in Khankendi

    Uzbekistan | 4 July, 16:23

    Uzbekistan emerges as world's top gold seller since beginning of 2025

    Uzbekistan | 4 July, 15:00

    Uzbekistan, Azerbaijan and Kazakhstan establish joint venture for Green Energy Corridor project

    Uzbekistan | 4 July, 13:48

    Kyrgyzstan takes over border land plots transferred by Uzbekistan

    Uzbekistan | 4 July, 12:04

    Uzbekistan and Afghanistan discuss deeper trade and infrastructure cooperation

    Uzbekistan | 4 July, 10:40
    Daryo About Us

    Full reproduction or partial quoting of material, as well as the use of photographic, graphic, audio and/or video materials of Daryo (the Uzbek Press and Information Agency (UzAPI, now the Agency for Information and Mass Communications under the Presidential Administration of the Republic of Uzbekistan) is registered on 13.03.2015 with certificate number No. 0944 as a mass media) is allowed if there is a hyperlink to the website daryo.uz and/or are accompanied by a note indicating the authorship of the online publication Daryo. Individual publications may contain information that is not intended for users under the age of 18. Info@daryo.uz

    Telegram Youtube Facebook Instagram Twitter vkontakte

    © Simple Networking Solutions, 2013–2025

    Age restriction

    Did you find a bug? Press Ctrl + Enter

    • Terms of use
    • Privacy policy
    • Advertisement
    What are we going to search for?

    Sign In or Register

    Welcome Back!

    Login below or Register Now.

    Google

    or with email

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Register Now

    Already registered? Login.

    Google

    or with email

    A password will be e-mailed to you.

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Found an error in the text?

    ×

    Thank you. We have received your message and will fix the error as soon as possible.