CANADA DOES NOT PLAN TO INTRODUCE DUTIES TO THE IMPORT OF METALLURGICAL SILICON FROM KAZAKHSTAN

It was reported by the Minister of International Trade of Canada Francois – Philippe Champagne during the Kazakh-Canadian Business Council.

The representatives of the National Mining Company Tau-Ken Samruk took part in the meetings of the 3rd Kazakhstan-Canada Business Council held in Ottawa.

Tau-KenTemir LLP, thesubsidiary of National Mining Company Tau-Ken Samruk, is the only manufacturer of technical silicon in the territory of Kazakhstan and one of two producers in the territory of the EAEU. In 2018, the company plans to increase the production of silicon by 2 times compared with 2015. (2015 – 11,000 tons, 2018 – 20,500 tons).

At the thematic meetings on the mining industry, Tau-Ken Samruk presented the leading investment projects; meetings with potential partners and investorswere held. Among them, Cameco Corporation is a Canadian mining company, one of the largest uranium producers in the world, Uranium One is an international mining division of Rosatom with a diversified portfolio of international assets, including Kazakhstan, the United States, Tanzania and other countries, CISN Shipping group, CISN Commonwealth Independent States Navigation inc, and Gurnitski & Associates.

The representatives of business circles of Canada showed interest in acquiring Kazakhstan mining assets, which will be realized within the framework of the Comprehensive Plan for Privatization for 2016-2020.

The North American market is interesting for Kazakhstan not only from the point of view of attracting strategic investments, but also expanding the geography of supplies of metallurgical products, and in particular, metallurgical silicon.