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Tokayev chairs Kazakhstan Security Council meeting on critical minerals

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Tokayev chairs Kazakhstan Security Council meeting on critical minerals

President Kassym-Jomart Tokayev chaired a Security Council meeting on August 20 on developing Kazakhstan's critical materials sector, including rare and rare earth metals. Government members reported on the sector's current state and barriers, and Tokayev instructed state bodies to form a systemic vision, improve regulation, and expand exploration and processing.

Key Facts

  • President Kassym-Jomart Tokayev chaired a Security Council meeting on developing Kazakhstan's critical materials sector, including rare and rare earth metals.
  • Tokayev said Kazakhstan holds strong resource and production positions in Central Asia and should use them in the state's interests.
  • He called current global conditions 'unique' opportunities for countries holding reserves.
  • Government members reported on the industry's current state, resource base prospects, processing development and existing barriers.
  • Tokayev gave the government and state agencies assignments on regulation, exploration, processing, technogenic mineral formations, laboratory and personnel capacity, and administrative barriers.

Security Council Meeting

President Kassym-Jomart Tokayev chaired a Security Council meeting on the development of Kazakhstan's critical materials sector, including rare and rare earth metals. Tokayev said Kazakhstan holds a leading position in Central Asia in resource and production potential and should use it in the state's interests. Government members delivered reports on the sector's current state, prospects for developing the resource base, processing development and existing barriers.

Global Competition

Tokayev said the current global situation creates favourable, even unique, conditions for countries holding reserves. He noted that competition among states for access to critical materials, which are strategically important for high-tech industries, is intensifying worldwide. Kazakhstan should effectively use its resource and industrial potential while developing its own competencies and production chains, Tokayev said.

Government Assignments

Following the meeting, the government and interested state agencies received specific instructions to form a systemic vision for the sector's development. The assignments cover improving regulation, developing geological exploration and processing, and bringing technogenic mineral formations into economic circulation. They also include strengthening laboratory and personnel capacity and removing administrative barriers.