China’s East Hope Group plans to invest over $12 billion in a large-scale project to establish a vertically integrated aluminum production complex in Kazakhstan, according to the country’s Ministry of Industry and Construction.
The initiative was announced following a meeting between Industry Minister Yersayin Nagaspayev and East Hope Group Chairman Liu Yongxing. The Chinese conglomerate, ranked among the world’s top ten aluminum producers, is also active in polysilicon, green energy, agribusiness, and advanced technology sectors.
The project envisions the development of 11 bauxite and coal deposits in the Kostanay and Aktobe regions. Key infrastructure includes a mining and processing plant with an annual capacity of 6 million tons, an electrolysis facility designed to produce 3 million tons of aluminum per year, and a coal-fired thermal power plant with an installed capacity of 4.5 GW.
The complex will operate on principles of the circular economy and integrate environmentally friendly technologies throughout its production chain. Once operational, the project is expected to create more than 10,000 permanent jobs.
Liu Yongxing emphasized that Kazakhstan’s abundant mineral resources and its ongoing industrial modernization strategy are in full alignment with East Hope Group’s global goals in sustainable aluminum production, modern agriculture, and renewable energy.
