Baiterek Holding presented funding instruments for critical minerals projects.

On June 12, in Astana, Aydin Akan, Managing Director of Baiterek National Investment Holding JSC, spoke at a Critical Minerals Workshop organized by the US Diplomatic Mission to Kazakhstan as part of the 16th Astana Mining & Metallurgy International Congress.

The workshop, which included an American business delegation led by US Assistant Secretary of Commerce David Vogel, focused on strengthening commercial cooperation between the two countries in the mining sector and critical minerals. Representatives of the U.S. International Development Finance Corporation, the U.S. Trade and Development Agency, the U.S. Business Law Program, Citibank Kazakhstan, and Haller Lomax also participated in the discussion.

Aydin Akan noted that Kazakhstan is among the countries with the most diversified mineral resource base in the world, encompassing more than 20 strategically important metals for the energy transition and high-tech industries. The country ranks first globally in uranium production and chromite ore reserves, and is among the world leaders in titanium, gold, and copper reserves.

The Baiterek Holding Group is consistently increasing its support for projects in the mining and metals sector. By the end of 2025, the industry will account for 46% of the Group's total investment portfolio. Investors have access to a full range of instruments from our subsidiaries: investment and export financing, guarantees, leasing, export credit insurance, and equity financing.

Furthermore, a program is in place until 2030 to finance projects for the processing of rare, rare earth, and critical metals, totaling up to USD 1 billion with a financing term of up to 20 years.

"We believe the co-financing model, in which international financial institutions participate in projects jointly with national development institutions, is particularly effective. This approach allows us to distribute risks, ensure access to long-term financing, and improve project efficiency. The combination of international capital, private investment, and government support is a key factor in the accelerated development of the critical minerals sector and the formation of full-fledged production chains in Kazakhstan," noted Aydin Akan.