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Mining Investment

Kazakhstan’s Solidcore to Invest $25 Million in Japan Gold Exploration

Solidcore Resources, a leading Kazakhstan-based gold producer, is expanding into exploration in Japan. The company will invest $25 million in gold exploration across five project areas on the islands of Hokkaido and Kyushu, with the option to acquire interests of up to 80% in individual projects if exploration proves successful. Solidcore has partnered with Canada-based Japan Gold Corp., a company focused on mineral exploration in Japan. It has also acquired an 18.81% stake in Japan Gold for $6.85 million. If it exercises warrants allowing it to buy additional shares, its interest could rise to 19.9% on a partially diluted basis. Solidcore produces gold in Kazakhstan, and its shares are traded on the Astana International Exchange. In 2025, the company produced 395,000 ounces of gold equivalent, 19% less than a year earlier. Higher gold prices nevertheless pushed revenue up 13% to $1.5 billion. The partnership covers Hakuryu, Bajo, Mizobe, Ryuo, and Aibetsu, five of Japan Gold’s project areas. Three are on Hokkaido and two on Kyushu. Several are close to historic gold mines, while much of the surrounding territory remains underexplored using modern methods. At Hakuryu, drilling has already identified zones of high-grade gold mineralization. Geophysical surveys at Bajo detected anomalies interpreted as possible extensions of mineralized structures, with strike lengths of more than one kilometer. Mizobe lies in an area with geology similar to Hishikari, Japan’s largest commercially operating gold mine, which produced around 9 million ounces of gold between 1985 and 2025. Ryuo and Aibetsu include areas of historic mining. The Tokusei mine within Aibetsu produced 39,000 ounces of gold and 473,000 ounces of silver between 1930 and 1942. Solidcore CEO Vitaly Nesis said the company was attracted by the potential for large-scale gold discoveries and Japan’s relatively limited modern exploration. “Japan Gold’s license portfolio stands out to us. It has the makings of a large-scale, generational gold district with a distinctive style of geology that we have been historically successfully working with, in a stable, well-regulated, developed and notably under-explored jurisdiction,” Nesis said. Japan Gold holds mineral rights covering more than 3,000 square kilometers. In addition to the five project areas included in the agreement, it retains another 22 projects. The $25 million will fund drilling and other exploration work over three years rather than the purchase of developed deposits. After completing the program, Solidcore will be able to select the most promising areas and earn a 49% direct interest in one or more of them. If further studies indicate that mining could be economically viable, Solidcore will have the option to increase its interest first to 70% and then to 80%. To do so, it will have to fund a pre-feasibility study and then a bankable feasibility study for each selected project. Japan Gold Chairman and CEO John Proust said Solidcore’s strategy of expanding its reserves through geographic diversification fits with his company’s work building an exploration portfolio in Japan. The deal marks an overseas expansion for a major Kazakhstan-based gold producer. Within Kazakhstan, exploration and reassessment...

Japanese Investment

Japanese Investment Tackles Uzbekistan’s Aral Sea Crisis

Until recently, the rehabilitation center in Akmangit, a settlement in Karakalpakstan, relied on sewage trucks to remove wastewater. Although it receives about 3,500 patients with disabilities each year, the center had no sewer system. In March 2025, a Johkasou system, a compact Japanese unit that treats wastewater biologically, was installed at the center. The treated water can now be reused for irrigation instead of being hauled away. Similar systems were installed at a kindergarten and a specialized school. In their first four months of operation, the three units treated more than 16,400 cubic meters of wastewater. Although these installations are small relative to Karakalpakstan’s water and sanitation needs, they illustrate Japan’s approach in Uzbekistan’s Aral Sea region through local pilot projects tied to longer-term development programs. During an October 2025 visit, a United Nations Development Programme (UNDP) delegation and a representative of the Embassy of Japan in Uzbekistan saw residents using the program to introduce drip irrigation and expand small businesses. A smoked-fish producer in Samanbay employed 12 people. Since 2020, Japan has funded trials of water-saving and wastewater-treatment technologies in the region, supported climate-resilient agriculture, and introduced local business-development models. These projects draw less attention than Central Asia’s uranium, critical-mineral, energy, and transport deals. In Karakalpakstan, however, Japan has pursued influence through smaller projects intended to remain in place for years. Water and Agriculture Projects In September 2023, Japan provided $2 million for a UNDP program promoting climate-resilient agriculture in four districts of Karakalpakstan. By the program’s conclusion in 2025, more than 7,700 residents had gained access to clean drinking water. The Johkasou units were among the program’s most visible elements. Developed in Japan in the late 1940s amid sanitation problems, the decentralized systems offer an alternative where centralized sewer networks are impractical. Their treated water can be reused for irrigation. The program tested another Japanese technology on the dried Aral Sea bed. In 2024, UNDP planted 1,000 saxaul seedlings using a superabsorbent polymer (SAP) that retains moisture around plant roots. Saxaul, a desert shrub or small tree, helps stabilize sand and limit the spread of salt and dust from the former seabed. The 1,000 seedlings formed part of UNDP’s Green Aral Sea initiative. Between 2020 and March 2025, the program planted 823,000 trees across 658.2 hectares. In February 2026, Japan and UNDP launched a $4.6 million project scheduled to run through 2028. Its work includes irrigation rehabilitation, digital water monitoring, wastewater reuse, and desalination powered by renewable energy. More than 1,000 farmers and households are expected to benefit. Local Business Models Japan has paired these technologies with models for local economic development. One is the One Village, One Product Movement (OVOP), which began in Japan’s Oita Prefecture in 1979. Under the model, communities develop marketable products based on local resources and skills. In Karakalpakstan, OVOP has been applied to agriculture, handicrafts, and food processing, including the small businesses visited by the delegation in October 2025. Another Japanese approach is kaizen ("continuous improvement"). It seeks to improve production and...

Uranium

Kazakh Uranium for Asia: Japan Returns for Fuel, South Korea Expands Cooperation

Kazakhstan accounts for around 40% of global uranium production. China already receives not only raw material from the country but also finished fuel assemblies; Japan is signing new contracts after bringing some of its reactors back online; and South Korea is expanding cooperation with Kazakhstan’s nuclear industry. Kazakhstan itself, which for decades exported almost all of its uranium, is preparing to build its own nuclear power plants. These developments are gradually changing the country’s place in Asia’s nuclear energy sector. In December 2025, Kazatomprom, the world’s largest producer of natural uranium, agreed on new supplies with Kansai Electric Power, one of Japan’s major nuclear power operators. The agreement for the supply of uranium oxide concentrate, U₃O₈, was signed during events connected with a visit by a Kazakh delegation to Japan. This is not finished reactor fuel. U₃O₈, known in the industry as yellowcake, must undergo conversion, enrichment, and fuel fabrication after mining. For Kansai, the agreement provides another source of raw material for its nuclear fleet, while for Kazakhstan it continues cooperation with the Japanese company that began almost two decades ago. Japanese demand is rising again after a prolonged decline. The Fukushima Daiichi nuclear disaster in March 2011 led to the gradual shutdown of all the country’s commercial reactors. Restarts began in 2015 after new safety requirements were introduced. In February 2025, the Japanese government approved an energy policy that envisages increasing nuclear power’s share of electricity generation to around 20% by 2040. To achieve this, Tokyo will need not only to restart existing reactors but also to secure their fuel supply. Kansai has a particularly important role in this process. The company operates seven reactors at three sites: Mihama, Takahama, and Ohi. In 2025, it also resumed work to assess the possibility of building a new reactor at the Mihama site. No final decision on construction has yet been made. Kansai’s links with Kazakhstan began long before the current revival of Japan’s nuclear energy sector. In 2006, the company and Sumitomo joined the APPAK uranium mining project in southern Kazakhstan. Kazatomprom currently owns 65% of the company, Sumitomo 25%, and Kansai 10%. APPAK develops the western section of the Mynkuduk deposit in the Turkistan region. For the Japanese company, this provides a presence directly at the source of the raw material. For Kazakhstan, the partnership became one of the first major examples of Asian energy companies participating in its uranium mining industry. China Already Receives Finished Fuel Kazakhstan has gone further with China than simply supplying uranium concentrate. Ulba-FA operates in Ust-Kamenogorsk as a joint venture between the Ulba Metallurgical Plant and China’s CGNPC-URC. The Kazakh side owns 51% and the Chinese side 49%. The plant produces fuel assemblies for Chinese nuclear power plants. Industrial production began in 2021. In December 2022, the first shipment was sent to China, containing just over 30 tonnes of low-enriched uranium in finished fuel assemblies. By the end of 2024, the plant had reached its design capacity of 200 tonnes a year....

Art and Culture

Japanese Spring Festival Celebrates Central Asia Through Manga

A new cultural bridge between Japan and Kazakhstan was celebrated at the National Museum of the Republic of Kazakhstan, where internationally acclaimed Japanese manga artist Kaoru Mori opened her exhibition, Central Asian Cuisine, as part of the international “Japanese Spring” arts festival. The project was organized by the Degdar Humanitarian Foundation with the support of JTI Kazakhstan. The exhibition introduces visitors to the culinary traditions and cultural heritage of the five Central Asian countries through the visual storytelling style of Japanese manga. The Central Asian Cuisine manga project was originally created to mark the 10th anniversary of the “Japan + Central Asia” dialogue, established in 2004 between the Government of Japan and the five Central Asian nations. According to Akmaral Ibrayeva, deputy director of the National Museum, the exhibition is one of the most distinctive cultural projects combining culinary art with national customs and traditions, while also reflecting the unique aesthetics of each country. [caption id="attachment_49172" align="aligncenter" width="624"] Photo: National Museum of Kazakhstan[/caption] Speaking at the opening ceremony, Yasumasa Iijima, Ambassador Extraordinary and Plenipotentiary of Japan to Kazakhstan, emphasized that the “Japanese Spring” festival represents “diplomacy through art,” strengthening friendship and mutual understanding between nations. The ambassador also noted that this is the second exhibition in Astana featuring Kaoru Mori’s manga works at the National Museum. “Manga is read throughout Japan from schoolchildren to the Prime Minister,” the ambassador said. “It has become one of the symbols of modern Japanese culture, and today this genre has conquered the world.” The manga tells the story of young women from the countries participating in the dialogue who introduce their Japanese friend to their national cuisines and traditional dishes. Through vivid illustrations and detailed depictions of cooking methods, the manga serves not only as an artistic work but also as a culinary guide to Central Asian food culture. According to Timur Kurmanchiyev, artistic director of the festival, a renowned musician and Honored Worker of Kazakhstan, the “Japanese Spring” festivals have become the largest and longest-running events dedicated to Japanese culture in Kazakhstan and across Central Asia. [caption id="attachment_49173" align="aligncenter" width="624"] Photo: National Museum of Kazakhstan[/caption] Guests attending the opening ceremony also enjoyed performances featuring traditional dance and choral music, adding a festive atmosphere to the exhibition. The exhibition highlights how art, cuisine, and cultural dialogue can bring nations closer together, offering visitors a unique opportunity to explore Central Asian traditions through the lens of Japanese manga artistry.

Waste Disposal Technology

Kyrgyzstan to Build Modern Landfill Using Japanese Waste Disposal Technology

A pilot project to construct a modern landfill based on the Fukuoka Method is planned for the city of Kara-Balta in Kyrgyzstan’s northern Chui region, about 60 km west of Bishkek. The project aims to reduce environmental impacts and support the transition to modern waste management standards. The Fukuoka Method is a semi-aerobic landfill waste disposal technology developed jointly by Fukuoka University and the city of Fukuoka in the 1970s. It has since become a standard approach for local governments in Japan. By maximizing the aeration of waste, the method accelerates biodegradation and can reduce greenhouse gas emissions by an estimated 20-50%. The method uses natural ventilation through pipes and leachate collection systems to promote aerobic decomposition of waste. This accelerates stabilization, reduces methane emissions, and improves odor control. It is considered a relatively low-cost solution and is often cited as suitable for developing countries. On April 21, Kyrgyzstan’s Ministry of Natural Resources, Ecology, and Technical Supervision discussed implementation of the project with representatives of the Asian Development Bank and the Japan Foundation, including grant financing, technical support, and the use of the Fukuoka Method. The project is expected to reduce soil and groundwater pollution in the area, improve sanitary conditions for local residents, and provide a basis for wider use of the technology across the country. The transition to modern environmental technologies is seen as important for protecting public health and supporting the country’s sustainable development. Kyrgyzstan has also introduced Chinese technology for municipal solid waste disposal that generates electricity through incineration. In December 2025, Bishkek officially inaugurated Central Asia’s first waste-to-energy plant, located at the city’s primary landfill and constructed by Hunan Junxin Environmental Protection Co. Ltd.

Oil Supply

Middle East Crisis: Kazakhstan Could Become an Alternative Supplier of Petroleum Products to Asia

The two-week ceasefire announced after Pakistani mediation between Iran and the U.S. has reduced the risk of immediate escalation in the Strait of Hormuz, but disruptions to one of the key routes of global oil trade have already triggered structural changes in energy markets. Against this backdrop, Kazakhstan and other countries in the region are increasingly being viewed as alternative suppliers of hydrocarbons, at least from the perspective of South Korea and Japan. Despite the agreement on a two-week pause, Iran has made it clear that it retains control over shipping in the strait, including the potential to impose restrictions and coordinate tanker movements with its military. This has heightened concerns among importers, many of whom depend heavily on this route. The most notable shift is taking place in Asia. South Korea, which receives about 61% of its crude imports and 54% of its naphtha imports through the Strait of Hormuz, is sending a high-level delegation to Kazakhstan, Oman, and Saudi Arabia to seek alternative sources of supply. Talks in Astana are expected to focus on oil and naphtha for industrial use. South Korea, Asia’s fourth-largest economy, has proven to be among the most vulnerable to disruptions in the Strait of Hormuz. In response, Seoul is taking urgent diplomatic and economic measures, with Presidential Chief of Staff Kang Hoon-sik traveling to Kazakhstan as a special envoy for strategic economic cooperation. The delegation includes representatives from relevant ministries and major energy companies, underscoring the urgency of the effort. The purpose of the visit is not only to address a potential short-term shortfall but also to establish sustainable alternative supply channels. South Korea has already secured a 24 million-barrel supply deal with the UAE, and shipments are already arriving at its ports, though officials say that volume is still insufficient given the ongoing instability. The government is coordinating efforts with private fuel importers and logistics operators to ensure uninterrupted supplies until tankers arrive at the country’s ports. Kazakhstan, which possesses large oil fields including Kashagan, is emerging as a key candidate to partially replace Middle Eastern volumes. However, geography imposes clear limitations: oil from the region requires more complex logistics, including transit across the Caspian Sea and onward through the Caucasus or the Black Sea. This is compounded by a projected decline in the country’s oil production. In March, Energy Minister Yerlan Akkenzhenov stated that output could fall by 2-4 million tons by the end of 2026 due to disruptions linked to attacks on infrastructure belonging to the Caspian Pipeline Consortium (CPC), as well as fires at the Tengiz field. Initial projections placed Kazakhstan’s 2026 oil production at 100.5 million tons, potentially a record level. However, the minister indicated that actual output will most likely fall short of this target. Japan is also reassessing its supply strategy. With more than 90% of its oil traditionally sourced from the Middle East, Tokyo is considering increasing imports from Kazakhstan and Azerbaijan through projects involving the national company INPEX. Japanese experts note that oil from...