Is Kazakhstan a good supplier of lithium?

Kazakhstan is positioning itself as a significant global supplier of high-quality lithium, essential for the burgeoning power-storage technology industry, as demand for the mineral continues to surge. Recent discoveries in eastern Kazakhstan have bolstered this position, although concrete investment commitments are still limited.

What is Kazakhstan's lithium potential?

Researchers from the Korea Institute of Geoscience and Mineral Resources revealed substantial lithium reserves in the Bakennoye deposit, signaling a potential value of up to $15.7 billion. Plans for further drilling investigations are underway, indicating growing interest in Kazakhstan’s lithium potential.

Is Kazakhstan a good place to invest in solar power?

Kazakhstan has remarkable solar potential with a very well-designed auction system, a clear renewable capacity addition schedule, and a solid decarbonisation target. The country is now also including storage systems as part of its public procurement strategy in a move that will ease further integration of renewables into the grid.

Why is Kazakhstan launching new EV exploration licences?

Kazakhstan aims to boost output of metals needed for electric vehicle (EV) batteries and is issuing hundreds of new exploration licences to attract fresh investment in the sector, the country's industry minister told Reuters.