The company has successively won several large mineral blocks in China, and its mineral exploration and mining business in China is in full swing and orderly development, and it is playing an increasingly broad new world in the energy industry. With the increasingly perfect layout of the company in the domestic energy industry, the company's senior management has gradually extended its eyes to the vast overseas market, trying to occupy a place in the international energy field, and then form a more complete energy development system, "entering" Kazakhstan's energy industry is an important step.
The Republic of Kazakhstan is located in Central Asia, with an area of 2,724,900 square kilometers, accounting for about 2% of the Earth's land surface, and its territory spans both Asia and Europe. With a total length of more than 10,500 kilometers, it is the largest landlocked country in the world. Bordered by Russia, China, Kyrgyzstan, Uzbekistan and other countries, and facing Iran and Azerbaijan across the Caspian Sea, its land area ranks ninth in the world.
Kazakhstan is very rich in solid mineral resources, with more than 90 kinds of mineral deposits, more than 1,200 kinds of mineral raw materials, and more than 500 black, nonferrous, rare and precious metal deposits have been proved. Many mineral reserves account for a high proportion of global reserves, such as tungsten more than 50%, uranium 25%, chromium 23%, lead 19%, zinc 13%, copper and iron 10%, many varieties are ranked among the best in the world by reserves.
Kazakhstan has one of the richest oil and gas resources in the world. As of 2019, the confirmed oil reserves of about 3.9 billion tons, ranking first in the five Central Asian countries and 11th in the world, accounting for about 1.7% of the world's total reserves (244.6 billion tons); Proven reserves of natural gas are about 2.7 trillion cubic meters, accounting for 1.3% of the world's total reserves (198.8 trillion cubic meters), ranking 14th in the world and second only to Turkmenistan (19.5 trillion cubic meters) in Central Asia. The country's oil reserves come from 15 major oil fields, of which the Tengiz and Kashagan giant oil and gas fields account for 69% of the country's reserves. In addition, Kazakhstan belongs to the Caspian Sea region of total oil reserves of 17 billion tons, natural gas reserves of 458.8 trillion cubic meters, with more than 60% of the country's potential oil resources, is the world's largest oil reserves and exploitation growth potential of the region, known as the "second Middle East." In 2023, Kazakhstan's crude oil production reached 89.9 million tons.
Kazakhstan has proven recoverable coal reserves of 37.5 billion tons, ranking eighth in the world, ranking first in the five Central Asian countries, accounting for 3.8% of the world's total reserves, of which more than 80% are bituminous coal or anthracite coal. There are more than 400 coal mines in China, 147 of which are registered in the national reserves balance sheet, of which more than 100 have been discovered and exploited. Coal resources are mainly distributed in Karaganda and Pavlovdar regions, and the national coal production in 2019 was 115 million tons, of which more than 90% came from the above two regions.
On 7th, September,2013, President Xi jinping first put forward the initiative of jointly building the Silk Road Economic Belt in Astana,eleven years later China has become Kazakhstan's largest trading partner and fourth largest investor. The two countries enjoy sound political relations, strong economic complimentary and broad prospects for cooperation. Kazakhstan's mining industry is booming and has great potential. The company should grasp the opportunities, meet the challenges, actively participate in the process of mining development in Kazakhstan, and constantly promote the long-term development of the company in the energy industry.
