Kazakh mining and metallurgy industry’s production amount to $62b in January to November
Azerbaijan, Baku, Dec. 23 / Trend E. Kosolapova/
The mining and metallurgy industry's production amounted to 9.2 trillion tenge ($62 billion) in Kazakhstan in January to November, 2011, Kazakh Prime Minister's press-service reported.
"Mining and metallurgical enterprises of the country produced goods in the amount of 9.2 trillion tenge over 11 months of 2011 or 101.6 percent compared to the same period of 2010," the statement said.
According to the Prime Minister's website, these results were achieved due to advanced technologies introducing into the field within Forced Industrial-Innovative Development Program.
Coal and lignite production in Kazakhstan increased in this period by 106.5 percent, natural gas production by 105.1 percent, and iron ore production by 101.8 percent.
In accordance with the Association of mining and metallurgical enterprises, Kazakhstan has 30 percent of the world chrome ore reserves, 25 percent of manganese ore, and 10 percent of iron ore. Kazakhstan occupies the third place in the world for titanium production, the seventh place for zinc production, and the eighth for lead production.
The mining and metallurgy industry remains one of the most competitive and dynamically developing sectors of Kazakhstan's industry.