Kazakhstan has the capacity to become a reliable source of critical raw materials and meet the growing global demand driven by the energy transition, according to the Astana International Financial Centre (AIFC). Experts at the center believe that nine commodity groups stand out for their export potential, including metals that Kazakhstan already exports, whereas others still have untapped potential.
According to a review by AIFC, the energy transition and the rapid development of the electric vehicle market are expected to significantly increase global demand for critical minerals, and Kazakhstan has all the necessary resources that are important for low-carbon development.