Kazchrome in detail

The Company’s leading, large scale resource base consists of more than 220 million tonnes of chrome ore with an average grade of 50.0%. Mine life exceeds 40 years at current production rates and provides significant expansion potential.

Technical and exploration works aimed at identifying and declaring additional ore reserves to extend mine life are ongoing.

The Aksu and Aktobe Ferroalloy Plants, together with the Donskoy Ore Mining and Processing Plant, make up an integrated production chain.

As part of its vertical integration, the company can fully capitalise on existing arrangements for strategic procurement, electricity, coal supply and logistics.

Kazchrome’s key products are high, medium and low carbon ferrochrome with low impurities.

Ferrochrome products are used in various types of corrosion-resistant steel, ranging from simple stainless steel to alloy and engineering steel. Concentrate is used for alloying agents that go into the production of various grades of steel.

Manganese and chrome ores are sold to producers of ferroalloys and also directly to the chemical industry.

“Kazchrome” boasts a diversified global client base that includes some of the largest producers of stainless steel and refined alloys in China, Japan, South Korea, Europe, the United States, and the CIS countries.

With an extensive railway network, “Kazchrome” enjoys easy access to both mainland China and the port of Vladivostok in Russia, through which shipments are primarily routed to customers along China’s coastal regions.

The company’s strategic clients include leading global players in the industry.

Demand for stainless steel is projected to grow at an annual rate of 3.1% until 2030, which will, in turn, drive the demand for ferrochrome and chromite ore — the primary raw materials for its production.

“Kazchrome” is assessing an extensive strategic program to expand its existing capacities across all stages of the value chain. This expansion will position the company to capitalize on market growth through significant increases in production and enhanced profitability.

A seasoned senior management team with an average of over 25 years of experience in the mining and metallurgical industry and who have devoted most of their careers to Kazchrome.

More information about the company’s management in the Management section.