Doing Business in Kazakhstan
Kazakhstan’s priceless treasure is its mineral resources. Kazakhstan is the 6th largest country around the world in terms of mineral resources. 99 elements discovered, 70 elements explored, 60 are being recovered and used in Kazakhstan’s soil out of 110 elements of D.I.Mendeleyev’s periodic table, they are: oil, gas, uranium, zinc, tungsten, barium, silver, lead, chrome, copper, fluorites, molybdenum, and gold.
Mineral and resources base of the Republic of Kazakhstan consists of 5,004 fields, estimated cost is around USD 46 trillion.
Globally, Kazakhstan is already the largest wolframium producer, and in terms of wolframium reserves Kazakhstan holds the first place throughout the world and huge reserves of chrome ore and phosphate put Kazakhstan on the second place, Kazakhstan occupies the fourth place in terms of lead and molybdenum reserves, the eighth one - in terms of total ironstone reserves (16.6 billion tones) after Brazil, Australia, Canada, USA, India, Russia and Ukraine.
160 oil and gas deposits only are so far explored in Kazakhstan, and recoverable reserves are 2.7 billion tones.
Around 300 significant gold deposits are under forecast in Kazakhstan, 173 of which were explored in detail.
Over 100 coal fields were explored throughout Kazakhstan, the largest is Ekibastuz field, which differs in high capacity of brown-coal layers and Karaganda coal basin with the reserves of over 50 bln tns of crozzling coal.
Kazakhstan possesses a huge bulk of kalium and other sault borate reserves, bromine, sulfate, phosphate compounds, the most varied raw materials for paint and varnish industry, sulphur pyrite that consist of plymetallic ores used to arrange sulfuric acid other chemicals production.
Kazakhstan possesses significant reserves of natural resources for glass and whiteware industry: rare precious stones, a variety of construction and covering materials.
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