Some 60 high-ranking officials from the European Union and representatives of the EU business community attended a meeting on March 5th organized by the Kazakh Embassy in Belgium. A high-level event, its key focus was Kazakh-European cooperation on critical raw materials (CRM), green hydrogen and batteries.
In November 2022, Kazakhstan and the European Union signed a Memorandum of Understanding on sustainable raw materials, batteries, and renewable hydrogen value chains, and adopted a Roadmap for its implementation in 2023.
At the meeting on March 5th, Bolat Akchulakov, energy advisor to the president of Kazakhstan, emphasized the importance of the Kazakhstan-EU Memorandum of Understanding for strategic partnership in achieving common objectives of green transition.
Luc Devigne, deputy managing director for Eastern Europe and Central Asia of the European External Action Service (EEAS), praised the development of the Kazakhstan-EU relationship as a “success story of cooperation.” Referencing the EU’s readiness to further strengthen this partnership, he stated that it would ensure both the sustainability of supply chains and the achievement of common goals regarding climate change.
As part of the event, Kazakhstan’s national company Kazakh Invest presented a report on CRM at its Brussels office.
Kazakhstan produces 19 of the 34 critical raw materials listed by the European Union.
Kazakh manufacturers currently supply the EU with beryllium, tantalum, and titanium but have the potential to further exploit the country’s cache of other raw materials. By establishing plants to process reserves of nickel, cobalt, manganese, and lithium, Kazakh enterprises will be able to produce batteries, essential for electric vehicles.