Rare Earth Elements - The Times Of Central Asia

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U.S.-Central Asia Summit

Rare Earth Diplomacy: Critical Minerals Set to Top Agenda at C5+1 Summit

The announcement of an upcoming C5+1 summit in Washington between the United States and the Central Asian republics has taken much of the regional and U.S. political establishment by surprise. A swift visit by U.S. Special Envoy for South and Central Asia Sergio Gor and Deputy Secretary of State Christopher Landau to Uzbekistan and Kazakhstan was seemingly necessary to coordinate the summit’s agenda. Notably, Kazakhstan appears prepared to play a leading role on one of the summit’s most pressing issues. The summit, scheduled for November 6 in Washington, was first revealed through media channels before being confirmed through official correspondence between Kazakh President Kassym-Jomart Tokayev and U.S. President Donald Trump. Uzbek media later confirmed the meeting, citing sources within the administration of President Shavkat Mirziyoyev, and this was followed by Kyrgyzstan's President Sadyr Japarov. It is notable that shortly after Tokayev’s correspondence with Trump became public, the Kazakh president held a phone call with Russian President Vladimir Putin. Officially, the two discussed Tokayev’s upcoming visit to Moscow. This was their second such call in less than two weeks, the previous taking place on October 14. There is speculation that the Washington summit may have been a key topic of discussion. During meetings in Tashkent with Gor and Landau - Uzbekistan being the first stop on their tour - Mirziyoyev reportedly discussed a broad set of topics. However, the issue of “critical materials,” particularly rare earth metals, stood out. It is increasingly clear that rare earths will be a central focus of Trump’s engagement with Central Asian leaders. [caption id="attachment_38242" align="aligncenter" width="1600"] Sergio Gor and Christopher Landau at the Shymbulak ski resort in Almaty; image: Akorda[/caption] Trump has previously drawn attention for high-stakes diplomacy involving rare earth metals, including a controversial deal with Ukrainian President Volodymyr Zelensky and later discussions with Russian President Vladimir Putin in Anchorage. Most recently, during the first leg of his Asia tour, Trump met with Japanese Prime Minister Sanae Takaichi and concluded a rare earth metals agreement, despite the challenges associated with extracting these materials, which are often found underwater. Against this backdrop, Kazakhstan appears well-positioned to take the lead in terms of rare earth elements. President Tokayev first proposed developing rare earth metal deposits in his September 2023 address, “The Economic Course of Fair Kazakhstan.” In 2024, Kazakh geologists identified 38 promising solid mineral deposits, including the Kuyrektykol site in the Karaganda region, which contains substantial reserves. Tokayev returned to the issue in January 2025, during an extended government meeting, criticizing the cabinet for delays and emphasizing Kazakhstan’s untapped potential in rare earth extraction and processing. In April, during the Central Asia-European Union summit, Tokayev met with European Commission President Ursula von der Leyen, who congratulated him on the discovery of a major deposit in Kazakhstan. The topic also featured at the Central Asia-Italy summit in May, where Tokayev proposed creating a regional research center to consolidate data on rare earth deposits across Central Asia. “The creation of joint ventures, technology transfer, and the localization...

Rare Earth Elements

Kazakhstan’s Emerging Role in Global Rare-Earth Supply Chains

October 10 was one of the most consequential days for global trade policy and one of the most volatile for world markets since the U.S.–China tariff conflict first reignited. After China announced tighter export controls on rare earths, U.S. President Donald J. Trump first posted on Truth Social that “there seems to be no reason” anymore for him to meet with the Chinese leader Xi Jinping at the APEC summit in two weeks' time. Several hours later, the official White House account on X posted a message from Trump that he had learned that "effective November 1st, 2025, [China will] impose large-scale Export Controls [sic] on virtually every product they make, and some not even made by them." He then followed with the declaration that the U.S. will impose a 100% tariff on Chinese imports starting November 1, "or sooner," and launch export controls on critical software. As Washington and Beijing escalate their economic confrontation, the scramble for stable rare-earth supply chains has broadened beyond East Asia. Attention is shifting to Central Asia, where mineral potential and trade corridors align with the broader effort to reduce dependence on China. Kazakhstan has drawn particular attention, not as a single solution, but as a state seeking to leverage its Soviet-era industrial base and access to the Caspian to help meet emerging supply chain needs. Although Kazakhstan has made the most progress in translating its mineral reserves into a functioning mining industry, it remains part of a broader regional effort to diversify away from a single external partner, most notably China. Other Central Asian states are testing their own capabilities to meet global supply chain demands, though most remain constrained by infrastructure, financing, or lack of processing capability. Kazakhstan’s Position in the Emerging Supply Realignment On reserves, Kazakhstan’s rare-earth potential is rooted as much in continuity as it is in discovery. Decades of geological mapping under Soviet administration established its mineral profile, and recent joint surveys by Kazgeology and private firms have both confirmed and expanded those earlier findings. New delineated deposits in the east and center of the country, including the Zhana Kazakhstan site in Karagandy, have reinforced its status as a prospective non-Chinese source of critical materials, with verified concentrations of neodymium, praseodymium, dysprosium, terbium, and samarium. If current resource estimates are validated, the Zhana Kazakhstan deposit could rank among the largest rare-earth reserves in the world. These elements are essential inputs for high-efficiency magnets used in electric vehicles, wind turbines, and advanced defense systems. The U.S. Department of Defense classifies these rare earths as “critical defense materials,” a designation that underscores their strategic relevance rather than any immediate shift in supply. Both the Pentagon and the Defense Logistics Agency have begun increasing stockpiles and exploring alternative processing sources, but for now, the question in Kazakhstan is not geological endowment, which is established, but the terms under which that endowment can be brought to market. On processing capacity, Kazakhstan’s experience in large-scale mining of uranium, copper, and other critical minerals has...

Rare Earth Elements

Kazakhstan’s Rare Earth Exports Under Political Spotlight as Strategic Role Grows

Kazakhstan’s rare earth metal exports are once again under scrutiny. On September 3, the leader of the Ak Zhol party in Kazakhstan’s parliament, Azat Peruashev, renewed his call for tighter control over rare earth exports. Peruashev formally urged the Minister of Industry and Construction, Ersaiyn Nagaspayev, to investigate and improve oversight after concerns that state control over ore shipments is increasingly being delegated to private labs without adequate verification. Peruashev’s statement raised the alarm about the possible undervaluation of exports and the concealment of valuable trace metals, a practice that could deprive the state of critical revenues at a time of growing global demand for rare earth elements. “According to the law on precious metals and stones, the state authority is responsible for control over the import and export of ores and concentrates. But based on the official response from the Ministry of Industry, it appears that state control has effectively been delegated to laboratories hired by the subsoil users themselves. The government agency does not verify the accuracy of its data and limits itself to just receiving the documents,” Peruashev said. The appeal marks the latest development in a controversy that first surfaced earlier this year. On March 7, The Times of Central Asia reported that Peruashev had submitted a formal parliamentary inquiry to Kazakhstan’s Anti-Corruption Service and the Ministry of Industry. That inquiry cited allegations from a former Kazakhmys lab assistant who claimed ore and concentrate exports were leaving the country without undergoing proper chemical analysis. According to the complaint, this practice allowed exporters to underreport the presence of rare earth and precious metals, artificially lowering shipment valuations to the benefit of powerful business interests. Kazakhmys rejected suggestions of intentional wrongdoing, stressing that any rare metals recovered during processing were incidental and directed to the state enterprise Zhezkazganredmet. The company added that it welcomed greater state scrutiny and dialogue. Peruashev’s renewed demand, however, indicates that concerns remain unresolved, particularly around whether the government has sufficient oversight to prevent leakage or mismanagement in an industry viewed as of increasing strategic and economic importance. A Geological Windfall This renewed debate comes as Kazakhstan’s rare earth sector enjoys unprecedented global attention. In April, TCA reported the discovery of a massive new deposit in the Karagandy region, unofficially dubbed “Zhana Kazakhstan,” estimated at 20 million metric tons of ore containing neodymium, cerium, lanthanum, and yttrium. Officials said average concentrations reached 700 grams per ton, a figure that, if validated, would position Kazakhstan among the world’s top three in rare earth deposits. In total, the government has identified 38 new mineral deposits, including 3.7 million tons of copper and nickel and 19 tons of gold. These discoveries are part of an ambitious exploration program that aims to expand mapped geological territory to 2.2 million square kilometers by 2026. For policymakers, the figures highlight both an opportunity and a dilemma: how to harness world-class reserves without falling into the trap of export dependence. At Home and Abroad International interest in Kazakhstan’s deposits is on...

Kazakhstan-Turkey Partnership

The View From Ankara – President Tokayev’s Working Visit to Turkey

The official visit of President of Kazakhstan Kassym-Jomart Tokayev to Turkey on July 29, 2025, carries a multidimensional and strategic significance that extends far beyond the boundaries of diplomatic protocol. This engagement stands out as part of an ongoing multidimensional process of transformation marked by deepening regional alliances in the fields of science, energy, and logistics. Invited by President Recep Tayyip Erdoğan, Tokayev co-chaired the fifth meeting of the Turkey-Kazakhstan High-Level Strategic Cooperation Council. As a result of this summit, 20 bilateral agreements were signed, encompassing new frameworks of regional integration, especially in the fields of mining, energy, transportation, and higher education. Energy Diplomacy and Resource Geopolitics One of the most striking dimensions of the visit was the negotiation of new cooperation mechanisms aimed at transporting Kazakh oil to global markets via Turkey. According to President Tokayev, currently 1.4 million tons of Kazakh oil are transported annually through the Baku–Tbilisi–Ceyhan pipeline. Under the newly signed memoranda of understanding, the parties aim to increase this volume. This development not only strengthens Turkey’s ambition to become a regional energy hub but also holds critical importance for Kazakhstan’s strategy to diversify export routes and secure access to safe ports. Furthermore, the expressed intent of Turkish Petroleum Corporation (TPAO) to operate in Kazakhstan signals that the collaboration may extend beyond transport into production processes as well. Kazakhstan's reserves of rare earth elements and strategic minerals are of considerable value to both European and Asian economies prioritizing green energy transitions. In this context, the agreements signed in the mining sector may herald a new phase — one that mandates not only commercial but also technological and scientific R&D collaborations. Strategic Dimensions of the Middle Corridor Another key agenda item during the visit was the development and activation of the Trans-Caspian International Transport Route, commonly referred to as the ‘Middle Corridor.’ According to data shared by Tokayev, approximately 85% of road freight transported between China and Europe passes through Kazakhstan. This positions Kazakhstan as the backbone of the region’s logistics infrastructure. Turkey’s central role in the Middle Corridor makes it a decisive actor in the route’s integration with Europe. In this regard, Kazakhstan’s efforts to modernize its rail and road infrastructure, alongside its revival of maritime transport on the Caspian Sea, when combined with Turkey’s port capacity and transportation infrastructure, offer significant synergistic potential. These developments also underscore the strategic importance of the Zangezur Corridor and reinforce the value of uninterrupted transportation from China to Europe via Turkey, bypassing the Iranian route. Education and Academic Diplomacy The visit also drew attention for its scientific and cultural dimensions, in addition to its economic focus. Joint initiatives such as Gazi University’s planned establishment of a branch within the South Kazakhstan Pedagogical University can contribute to aligning the Turkish higher education model with Kazakhstan’s ongoing education reforms. Moreover, the Turkish Maarif Foundation’s new school initiatives in Kazakhstan signify a broadening and institutionalization of bilateral cooperation in education. These efforts may extend beyond student exchange programs to encompass joint research...

Rare Earth Elements

After Securing Ukraine Agreement, U.S. Eyes Central Asia for Rare Earths

After months of negotiations, the United States and Ukraine have finally signed an agreement to co-finance the development of Ukraine’s mineral resources, hydrocarbons, and infrastructure. According to The National Interest, the U.S. will not assume ownership of Ukraine’s assets; instead, profits will be directed into a joint investment fund, with full reinvestment in Ukraine. Ukraine’s First Deputy Prime Minister Yulia Svyrydenko described the deal as a mutually beneficial partnership. U.S. Treasury Secretary Scott Bessent hailed it as a “historic economic partnership,” underscoring America’s enduring commitment to a “free and prosperous Ukraine.” Since his return to office in January, President Donald Trump has prioritized securing access to rare earth minerals. This move is part of a broader U.S. strategy to reduce reliance on China, which currently dominates the sector with control over approximately two-thirds of global production. By contrast, the United States accounts for only about 12%. While Ukraine possesses 22 of the 50 minerals identified as critical by the U.S. government, it holds just around 5% of global reserves. As a result, Washington is looking beyond Ukraine and Central Asia has emerged as a strategic alternative. Reports from the Caspian Policy Center and the International Tax and Investment Center highlight the region’s significant rare earth potential. The countries of Central Asia have already taken steps toward deeper cooperation. In 2024, the United States and Uzbekistan signed a Memorandum of Understanding to enhance collaboration on critical minerals. However, competition for access remains stiff. China maintains robust trade links across the region, and Russia continues to wield considerable economic influence. Nonetheless, regional dynamics are shifting. In recent years, Central Asian states have increasingly sought to diversify their partnerships, reducing dependence on Moscow and Beijing. They have moved to deepen ties with the United States, the United Kingdom, and the European Union. In September 2023, then-President Joe Biden met with Central Asian leaders to discuss regional cooperation, including rare earth supply chains. This was followed by the June 2024 meeting of the U.S.-Central Asia Trade and Investment Framework Council, where both parties emphasized the need for increased trade and integration. Like Ukraine, Central Asian nations stand to gain from U.S. investment, particularly in energy infrastructure and broader economic development. If implemented effectively, rare earth revenues could be retained within the region, supporting long-term local growth. For the United States, enhanced access to Central Asian resources represents a step toward greater energy security and reduced strategic vulnerability. While China and Russia maintain structural advantages, Washington now has a meaningful opportunity to deepen its presence in Central Asia and forge enduring partnerships.

Trump Tariffs

Kazakhstan’s Economy Receives Boost Amid Changing Tariff and Commodity Dynamics

Kazakhstan’s economy has recently navigated a series of external market shocks. While the suspension of U.S. reciprocal tariffs by President Trump represents a positive development, its direct impact on Kazakhstan is minimal, as the 27% tariff applied to only a minor segment (4.8%) of the nation’s exports and excluded key commodities such as oil, uranium, and silver. Kazakhstan is still subject to the universal baseline rate of 10%. However, the broader improvement in global market dynamics, spurred by increased demand for commodities that Kazakhstan predominantly produces, has provided a substantial boon to the country's economic prospects. This shift underscores a more favorable outlook for Kazakhstan, with rising global demand aligning closely with its resource-driven economy. On April 9, oil prices, in particular, rebounded strongly after hitting a four-year low earlier in the day. Brent crude rose by 4.23% to $65.48 per barrel. Similar trends were observed in other key commodities. Copper prices jumped nearly 3%, and gold rose over 3%, marking its best performance since October 2023, as investors sought safe-haven assets. U.S. natural gas futures, meanwhile, experienced a significant 8% increase, reflecting broader optimism spurred by the tariff suspension. Uranium futures, another strategic export for Kazakhstan, edged up by 1.18% to $64.40. Rare earth metals also showed exceptional growth, with a 12.5% gain highlighted by the VanEck Rare Earth and Strategic Metals ETF (REMX). This coincides with Kazakhstan’s recent discovery of over 20 million metric tons of rare earth deposits, consolidating its position as a potential global heavyweight in this critical market. The timing of the tariff suspension aligns closely with domestic efforts to address the country’s economic challenges. On April 9, President Kassym-Jomart Tokayev convened a meeting to tackle the ongoing economic crisis triggered by global market collapses and declining oil prices. He stressed the importance of maintaining development priorities while implementing swift actions to mitigate the crisis’ impact. The rise in commodity prices following the tariff halt gives these initiatives fresh momentum and a more favorable outlook for executing recovery measures.