Kazakhstan Offers Germany Raw Material Partnership
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Insights by Echo AI
Kazakh President Kassym-Jomart Tokayev proposed a partnership with Germany involving joint value-added and production chains for 21 strategically important raw materials, including lithium, silicon, cobalt, and tungsten. These materials are crucial for Europe's energy transition, industry, microelectronics, and digital technologies. Kazakhstan currently supplies around 13% of the EU's oil imports and 20% of its uranium supplies. Additionally, Kazakhstan plays a significant role in transit routes between Asia and Europe.
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