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Tokayev chairs Security Council meeting on resource potential
๐Ÿ‡ฐ๐Ÿ‡ฟ Kazakhstan /Economy & Trade

Tokayev chairs Security Council meeting on resource potential

From Tengrinews · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • Kazakhstan's President Kassym-Jomart Tokayev emphasized leveraging the nation's leading resource and production potential in Central Asia for state interests.
  • He noted that global competition for critical materials creates unique opportunities for countries with reserves, urging Kazakhstan to develop its expertise and production chains.
  • The Security Council meeting included reports on industry status and prospects, leading to instructions for enhancing regulation, exploration, processing, and removing administrative hurdles.

President Kassym-Jomart Tokayev highlighted Kazakhstan's strategic advantage in Central Asia, urging the nation to capitalize on its significant resource and production potential amidst intensifying global competition for critical materials. During a Security Council meeting, Tokayev stated that the current global situation offers "favorable, even unique, conditions" for nations possessing reserves.

He stressed the need for Kazakhstan to effectively utilize its resource and industrial capabilities by developing domestic expertise and production chains. Government members reported on the industry's current state, resource development, processing advancements, and existing barriers. The President issued specific instructions to government bodies to establish a systematic vision for industry development, improve regulation, boost geological exploration and processing, integrate technogenic mineral formations into the economy, strengthen laboratory and human resource capacities, and eliminate administrative hurdles.

The current global situation creates favorable, even unique, conditions for those possessing reserves.

โ€” Kassym-Jomart TokayevPresident Tokayev's statement on global opportunities during the Security Council meeting.

Tokayev also recalled his previous remarks from the 7th Consultative Meeting of the Heads of State of Central Asia in Tashkent in autumn 2025. He then pointed out the region's substantial, yet under-explored, reserves of rare-earth metals. He proposed joint efforts to attract advanced technologies and implement innovative solutions, suggesting the establishment of a Regional Research Center for Rare Earth Metals in Astana to provide investors with crucial data on deposits and extraction technologies.

We could join forces to attract advanced technologies to the region and implement innovative solutions. Kazakhstan has proposed establishing a Regional Research Center for Rare Earth Metals in Astana to provide investors with up-to-date information on available deposits and extraction technologies.

โ€” Kassym-Jomart TokayevPresident Tokayev's previous proposal for regional cooperation on rare earth metals.
DistantNews Editorial

Originally published by Tengrinews in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.