Tungsten Supply Talks Strengthen UK-Kazakhstan Critical Minerals Partnership

by ANKASAM Ekip

Kazakhstan and the United Kingdom are negotiating tungsten supply agreements, signaling deepening ties in resource development and economic cooperation between the two nations. According to Kazinform, the collaboration stems from a 2023 memorandum of understanding in the critical minerals sector, followed by a roadmap signed earlier this year.

A conference organized by the British Association of Critical Minerals on Dec. 2 brought together over 300 mining industry representatives, experts, diplomats and officials. The event underscored the importance of the Kazakh-British partnership, which British officials consider one of the most promising in the field.

Strengthening cooperation

According to Gavin Mudd, Director of the Critical Minerals Intelligence Center of the British Geological Survey, Kazakh-British joint efforts have started showing results.

Since the memorandum’s signing, the British Embassy in Kazakhstan has facilitated business deals worth 5.4 million pounds (US$6.9 million) while strengthening business, political and educational ties. These initiatives are expected to bring the UK economic benefits valued at 100 million pounds (US$126.8 million) over the next five years.

Efforts to enhance cooperation include the British Geological Survey’s collaboration with the Kazakh Geological Survey to digitize geological data. This digitization aims to make investment decisions more informed while minimizing risks for British companies.

Additionally, Kazakh manufacturers have established contacts with six British brokers and three end-users of tungsten products, paving the way for ongoing supply contract negotiations.

THE ASTANA TIMES

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