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Kazakhstan begins construction of $1.8bn Aktogai copper smelter

Kazakhstan begins construction of $1.8bn Aktogai copper smelter

Kazakhstan has begun construction of a copper smelter at Aktogai in the Abai Region, a project valued at about US$1.8 billion and scheduled to produce its first copper cathode in 2030. President Kassym-Jomart Tokayev launched the construction phase by videoconference on 20 October.

The proposed plant is designed to produce 300,000 tonnes of cathode copper a year. That is a planned capacity, not current production: the facility is not yet operating, and its first output remains a future target. The project is expected to create more than 1,000 jobs, while the production schedule and employment figure describe plans rather than results already achieved.

From concentrate to finished metal

The project is being developed by KAZ Minerals Group, with China’s NFC as engineering partner. Its intended process is a complete chain from ore mining and processing through to finished metal. The complex is to use copper concentrate of its own, allowing the planned smelting operation to be connected to a domestic source of feedstock.

That structure matters because concentrate and refined copper are different stages of production. Extracting and processing ore produces an intermediate material; smelting and refining can turn it into a finished metal product. The proposed facility would therefore add a further processing stage inside Kazakhstan. The project’s stated aim is to increase the value added to products made in the country, although the eventual economic effect will depend on construction, commissioning and the plant’s performance once it operates.

The planned output is also significant in relation to the country’s current copper supply chain. Tokayev said Kazakhstan produces around 3.5 million tonnes of copper concentrate annually and mines about 160 million tonnes of ore. Those figures indicate the scale of upstream activity, but do not establish how much material will be allocated to the new plant or how much refined copper it will actually produce. The smelter’s 300,000-tonne figure is its announced annual capacity, not a forecast of its first-year output.

A large industrial commitment, with delivery still ahead

The facility is also expected to produce metallic gold, silver and sulfuric acid alongside cathode copper. The precise quantities of these associated products have not been announced in the project details available at the launch. The stated production mix suggests a multi-product complex, but the main capacity figure applies to cathode copper.

At the launch, Tokayev framed the investment as part of a wider effort to develop the country’s mining and metallurgical industries and move beyond extraction towards higher-value manufacturing. He said Kazakhstan’s manufacturing output reached US$60 billion last year and that 540 industrial projects had been implemented nationwide over the previous three years, creating approximately 50,000 permanent jobs. These are national figures cited in his remarks, not outcomes attributable to the Aktogai project.

The president also called for construction quality, workplace safety and adherence to deadlines. He urged the company’s shareholders and public authorities to attend to workers’ social needs and encouraged the use of digital technologies and artificial intelligence in industrial operations. These are priorities set out for the project; there is not yet evidence from an operating plant about how they will be applied or what results they will produce.

With first copper scheduled for 2030, the immediate test is delivery of the construction programme. The project’s scale and planned capacity establish its ambition, but commissioning will determine whether it can supply the stated output, create the projected jobs and help move more of Kazakhstan’s copper chain into domestic processing.

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