Nan Yi, chairman of the Chinese energy company, revealed that since 2015, the company has been investing in new energy projects in Kazakhstan, including photovoltaic and wind energy stations.
The Kapshagay photovoltaic power station, one of the largest single solar power projects in the Central Asian country, is a part of the China-Kazakhstan green energy cooperation initiative, jointly invested in and constructed by the Chinese company Universal Energy and Kazakh counterparts.
Kazakhstan has many of them, and China, the biggest producer of electric vehicles and batteries, is right next door and eager to buy. “Everything is going to China,” Mr. Rakishev said. A former Soviet Republic, Kazakhstan borders Russia to the north and China to the east and retains close trade ties to Russia.
Mr. Walker said his decision to search for critical minerals in Kazakhstan had proved to be the right move. BHP Group, the world's largest mining company, selected his company's copper exploration project for a grant among hundreds of applicants. Copper ore loaded onto train containers at a mine in Karaganda in March.
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