Polymet Solutions Corporation LLP, a Kazakhstani manufacturer of rubber, rubber-metal and steel linings made from chromium-molybdenum alloy, has launched construction of a new foundry in the Karaganda region.
With total investments exceeding $23 million, the project is expected to reach full operational capacity by 2029. Once completed, the facility will be capable of producing up to 10,000 tons of steel linings, grinding balls and other products used in the mining, metallurgical and mechanical engineering industries.
According to Yermek Alpysov, deputy governor of the Karaganda region, the project is expected to become one of the region’s most important industrial facilities. Authorities...