{"id":12809,"date":"2024-08-12T23:32:59","date_gmt":"2024-08-12T22:32:59","guid":{"rendered":"https:\/\/londonpost.news\/?p=12809"},"modified":"2024-08-12T23:32:59","modified_gmt":"2024-08-12T22:32:59","slug":"ebrd-invests-in-kazakhstans-critical-raw-materials-sector","status":"publish","type":"post","link":"https:\/\/brusselsindependent.com\/be\/economy\/ebrd-invests-in-kazakhstans-critical-raw-materials-sector\/2024\/08\/12\/admin1\/","title":{"rendered":"EBRD invests in Kazakhstan&#8217;s critical raw materials sector"},"content":{"rendered":"<div class=\"flex flex-grow flex-col max-w-full\">\n<div class=\"min-h-[20px] text-message flex w-full flex-col items-end gap-2 whitespace-pre-wrap break-words [.text-message+&amp;]:mt-5 overflow-x-auto\" dir=\"auto\" data-message-author-role=\"assistant\" data-message-id=\"ec5b04ef-1408-49da-bc39-c5406404acd6\">\n<div class=\"flex w-full flex-col gap-1 empty:hidden first:pt-[3px]\">\n<div class=\"markdown prose w-full break-words dark:prose-invert dark\">\n<p>ASTANA,Kazakhstan. August 12&#8211;The European Bank for Reconstruction and Development (EBRD) has announced its first direct equity investment in Central Asia&#8217;s graphite and critical raw materials sector by acquiring a stake in Sarytogan Graphite Limited, a company listed on the Australian Securities Exchange. Sarytogan Graphite is engaged in exploring the Sarytogan graphite deposit located in the Karaganda region of central Kazakhstan.<\/p>\n<p>The EBRD is investing AUD 5 million (\u20ac3 million) for a 17.36% shareholding in Sarytogan Graphite, which will fund the company\u2019s development program, including the preparation of a feasibility study and meeting its working capital requirements.<\/p>\n<p>Graphite is classified as a critical raw material (CRM) by the European Union, with applications ranging from electric vehicle batteries to the electric power industry and metallurgy. The Sarytogan graphite deposit is one of the world\u2019s largest known reserves, with the potential to become a major supplier of natural graphite both regionally and globally.<\/p>\n<p>This project supports the EU-Kazakhstan strategic partnership on raw materials, batteries, and renewable hydrogen.<\/p>\n<p>Kazakhstan produces 19 of the 34 critical raw materials identified by the European Union, according to the country\u2019s Ministry of Industry and Construction. Kazakhstani manufacturers already supply the European market with various metal and chemical products, including beryllium, tantalum, titanium, phosphorus, and ammonium metavanadate.<\/p>\n<p>As one of the world\u2019s top ten copper producers, Kazakhstan also has the potential to produce key battery raw materials such as nickel, cobalt, manganese, and lithium, which are crucial for electric vehicle production.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>ASTANA,Kazakhstan. August 12&#8211;The European Bank for Reconstruction and Development (EBRD) has announced its first direct equity investment in Central Asia&#8217;s graphite and critical raw materials sector by acquiring a stake in Sarytogan Graphite Limited, a company listed on the Australian Securities Exchange. Sarytogan Graphite is engaged in exploring the Sarytogan graphite deposit located in the [&hellip;]<\/p>","protected":false},"author":2,"featured_media":12810,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":""},"categories":[1766,2413],"tags":[289,5146,7438,8098,8931,8932],"jetpack_featured_media_url":"https:\/\/brusselsindependent.com\/wp-content\/uploads\/2024\/08\/karagandy-scaled-1.jpg","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/brusselsindependent.com\/be\/wp-json\/wp\/v2\/posts\/12809"}],"collection":[{"href":"https:\/\/brusselsindependent.com\/be\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/brusselsindependent.com\/be\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/brusselsindependent.com\/be\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/brusselsindependent.com\/be\/wp-json\/wp\/v2\/comments?post=12809"}],"version-history":[{"count":1,"href":"https:\/\/brusselsindependent.com\/be\/wp-json\/wp\/v2\/posts\/12809\/revisions"}],"predecessor-version":[{"id":12811,"href":"https:\/\/brusselsindependent.com\/be\/wp-json\/wp\/v2\/posts\/12809\/revisions\/12811"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/brusselsindependent.com\/be\/wp-json\/wp\/v2\/media\/12810"}],"wp:attachment":[{"href":"https:\/\/brusselsindependent.com\/be\/wp-json\/wp\/v2\/media?parent=12809"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/brusselsindependent.com\/be\/wp-json\/wp\/v2\/categories?post=12809"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/brusselsindependent.com\/be\/wp-json\/wp\/v2\/tags?post=12809"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}