Chinese Company Poised to Develop Lithium Industry in Kazakhstan

Kazakh Invest

Zhicun Lithium Group, one of China’s largest companies specializing in the full-cycle production of lithium batteries, is engaged in talks with Kazakh Invest on lithium exploration, production, and processing projects in Kazakhstan.

The initiative was discussed on April 12 at a meeting between the company’s Vice President, Hong Wei, and Kazakh Invest’s project director, Bauyrzhan Aitkulov.

With reference to Kazakhstan’s significant geological potential for the mineral, Aitkulov advised Chinese investors of the strategic importance of developing the lithium industry. He also emphasized the potential offered by the Zhicun Lithium Group’s knowledge and experience in furthering exploration and the creation of a production plant for lithium products in Kazakhstan.

As reported by Kazakh Invest, both parties are poised to engage in long-term cooperation and technology transfer to create sustainable lithium production chains necessary for the development of processing industries, including green energy.

Avatar

Times of Central Asia