The country wants to gain market share in battery materials such as lithium, cobalt, manganese, nickel and graphite amid rising demand for the materials, Sharlapayev said. Kazakhstan already mines manganese, but last year it launched processing of manganese sulphate and aims to eventually capture 10% of the global market for the battery material.
By Olzhas Auyezov and Eric Onstad ALMATY, Sept 13 - Kazakhstan aims to boost output of metals needed for electric vehicle batteries and is issuing hundreds of new exploration licences to attract fresh investment in the sector, the country's industry minister told Reuters.
In 2018, Kazakhstan’s energy consumption (measured by total primary energy supply) was 76 Mtoe, comparable to consumption in the Netherlands (73 Mtoe). Among EU4Energy focus countries, Kazakhstan is the second-largest energy consumer after Ukraine.
Kazakhstan already mines manganese, but last year it launched processing of manganese sulphate and aims to eventually capture 10% of the global market for the battery material. It also supplies phosphates for fertilisers and aims to process material needed for LFP (lithium ferro phosphate) batteries that are growing in popularity, he added.
Kazakhstan is a major global supplier of both uranium andtitanium. It also holds 2% of world nickel reserves, but has,for now, a negligible share in its global output. The country has also yet to tap its deposits of lithium, another key metal, but exploration is underway.
Kazakhstan has signed deals with the European Union and Britain on the supply of critical minerals. "People know that Kazakhstan is very reliable... We've been supplying markets for a very long time," industry minister Kanat Sharlapaev said in an interview this week.
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