Factors of Modernization Are Identified and Agreed

The 24^th Plenary Session of the Foreign Investors’ Council (FIC) chaired by the President of the Republic of Kazakhstan was held on the 18^th of May in Nazarbayev University, Astana. The problems of the forced modernization of Kazakhstan industry were in the center of discussion. Foreign FIC members have determined main barriers and presented their recommendations for their successful implementation, and Kazakhstan Leader applied to them with the proposal to become the “drivers” of this process.

Mining and Metallurgy Has Always Been and Will Be a Key Sector of Our Economy.

The First vice-minister of industry and new technologies of the Republic of Kazakhstan Albert Rau answers the questions from the Kazakhstan magazine.

Industry Captains Sum up the Results and Give Advices

A year ago at the opening of the first International Mining and Metallurgical Congress AMM 2010, The President of Kazakhstan assigned the miners and metallurgists to increase the production volume by twice, compared to the level of 2008. The FIID program comprised such large projects as steel production increase from 4 million to 10 million tons per year, ferrochrome – to 440 thousand tons per year, aluminum – to 250 thousand tons per year, etc. It is obvious that the program’s success in the MMS area directly depends on the “well-being” of large players and the projects implemented by them. It is them who must become a basis for the creation of small and medium enterprises involved in the production at the higher processing stages. In this regards, today we asked the top-managers of leading companies that supported the AMM 2011 to answer the three questions by sharing their opinion with our magazine’s readers concerning the situation in the industry and by telling what kind of contributions their enterprises are ready to make for the solution of the tasks facing the MMS of Kazakhstan.

Iron and Steel Industry Leader Is Confident about the Future

General Director of ArcelorMittal in Kazakhstan, Dr. Frank Pannier, answers questions from the Kazakhstan Magazine.

Subsurface Use in 1996–2010. Reserves, Production and Investment

Kazakhstan’s mineral industry continues to be the most attractive area for both national and foreign investors. Over the recent fifteen years, the yearly capital investments in production of various minerals have increased by more than thirteen-fold. At the same time, there are currently some problems facing the mineral industry and how these are going to be solved will affect not only the dynamics of development of extracting industries in Kazakhstan but the Kazakh economy in whole.