26.02.24
On February 23, Prime Minister Olzhas Bektenov visited the West Kazakhstan region and acquainted himself with the operations of two agricultural facilities in the city of Oral, QazMonitor reports citing primeminister.kz.
Qazaq Kalium Ltd., a chemical industry company operating from Astana, plans to phase the launch of potash fertilizer in the West Kazakhstan region by 2035. This will mark the country’s first mining and processing complex for this type of fertilizer.
The production is estimated to reach six million tons of potash fertilizer. For the phased launch, the company plans to attract $2.4 billion in investments and regularly employ four thousand people.
Currently, the average demand for potash fertilizers in Kazakhstan is eighteen thousand tons per year. With the launch of the project, the company expects to propel Kazakhstan into the top five global producers of potash fertilizers, covering 14% of the global market share.
