Kazakhstan Mining Report

Published 12 May 2015

  • 69 pages
  • Instant access to your report online and PDF format through your account library
  • Includes 3 free updated quarterly reports
 
$1,295.00
Kazakhstan Mining Report

BMI View: Kazakhstan's mining sector growth outlook remains positive due to the country's ample mineral reserves and supportive business environment. Growth will be derived from increasing output of both industrial and precious metals, including coal, copper, gold and iron ore, which together account for the bulk of the value of Kazakhstan's mining industry. However, i nadequate infrastructure remains one of the main obstacles for the long-term growth of Kazakhstan's mining sector .

Kazakhstan has one of the richest mineral reserves in the world, and is in the top ten in size for a number of major minerals. The country has the potential to overtake current major mineral producers but needs substantial investment from foreign companies which have the necessary capital and technology to develop its deposits. While the country boasts adequate infrastructure in urban regions, many new and planned projects are located far from cities and transport routes, with limits the sector's access to adequate roads and power sources.

Modest Growth Ahead
Kazakhstan - Mining Sector Value (USDbn) & Growth y-o-y (%)

Despite continuing challenges, we believe the country's mining sector will continue to remain attractive due to its vast mineral reserves and supportive business environment. Furthermore, the mining sector will remain an important source of economic revenue over the coming years. We forecast Kazakhstan's mining sector to account for 16.8% of GDP in 2015.

Table of Contents

BMI Industry View
7
SWOT
9
Industry Forecast
10
Coal: Positive Growth Outlook
10
Country's Energy Needs Reliant On Coal
10
Industry Set For Solid Growth
11
Table: Coal Production Forecast (Kazakhstan 2014-2019)
12
Iron Ore: Price Weakness To Curb Growth
13
Sector To Remain Consolidated
14
Table: Iron Ore Production Forecast (Kazakhstan 2014-2019)
14
Copper: Positive Growth Outlook
14
Table: New Copper Projects
16
Table: Copper Production Forecast (Kazakhstan 2014-2019)
16
Industry Risk Reward Ratings
17
Risk/Reward Index
17
Rewards
17
Risks
18
Table: Mining Industry Forecasts (Kazakhstan 2014-2019)
19
Europe Risk Reward Index
19
Czech Republic Under Pressure
20
Modest Uptick For Finland
21
Table: Europe - Mining Risk/Reward Index
21
Regulatory Development
22
Table: Kazakhstan - Mineral Extraction Taxes
22
Trade & Investment Risk Analysis
24
Commodities Forecast
27
Commodity Strategy
27
Ferrous Metals
27
Iron Ore: Price To Remain Under Pressure In 2015-2016
27
Steel: Subdued Prices Until 2017
29
Non-Ferrous Metals
32
Copper: Subdued Outlook, Despite Recent Rally
32
Lead: Prices Weakness To Continue
34
Nickel: Subdued Prices Due To Weak Demand Growth
35
Tin: Supply Deficits To Underpin Rally In Tin Prices
36
Zinc: Positive Multi-Year Outlook, But Increasing Risks In Months Ahead
37
Table: Select Commodities - Performance & BMI Forecasts
39
Competitive Landscape
40
Table: Kazakhstan - Country Reserves Relative To Global Reserves
40
Company Profile
42
KAZ Minerals
42
Table: KAZ Minerals - Financial Results
44
Eurasian Natural Resources
46
Table: Eurasian Resources - Financial Results
47
Regional Overview
48
Europe's Four Key Mining Themes
48
Coal: Regional Stagnation, Yet Bright Spots Remain
48
Currency Weakness To Impact Trade Dynamics
50
Steel Oversupply To Curb Growth
51
Rare Earth Production To Shift Westwards
53
Global Industry Overview
55
Global Overview
55
2
58
3
59
4
61
5
63
Methodology
65
Industry Forecast Methodology
65
Sources
66
Risk/Reward Index Methodology
67
Table: Weighting Of Indicators
68

The Kazakhstan Mining Report has been researched at source and features Business Monitor International (BMI)'s mining and commodity forecasts for metals, minerals and gems, covering all major indicators including reserves, production, exports and values. The report also analyses trends and prospects, national and multinational companies and changes in the regulatory environment.

BMI's Kazakhstan Mining Report provides industry strategists, service companies, company analysts and consultants, government departments, trade associations and regulatory bodies with BMI's independent forecasts and competitive intelligence on the mining industry in Kazakhstan.

Key Benefits

  • Use BMI's independent industry forecasts on Kazakhstan to test other views - a key input for successful budgeting and planning in this mining market.
  • Target business opportunities and risks in Kazakhstan's mining sector through our reviews of latest mining industry trends, regulatory changes and major deals, projects and investments in Kazakhstan.
  • Assess the activities, strategy and market position of your competitors, partners and clients via our Company Profiles (inc. KPIs and latest activity), Key Projects Tables and Competitive Landscape Tables.

Coverage

BMI Industry View

Summary of BMI’s key forecasts and industry analysis, covering mining reserves, supply, demand and prices, plus analysis of landmark company developments and key changes in the regulatory environment.

Industry SWOT analysis

Analysis of the major Strengths, Weaknesses, Opportunities and Threats within the mining sector and within the broader political, economic and business environment.

BMI Industry Forecasts

Historic data series (2009-2013) and forecasts to end-2019 for key industry and economic indicators, supported by explicit assumptions, plus analysis of key risks to the main forecasts. Indicators include:

  • Mining industry: Industry size (USDmn), real growth (%), % of GDP, employment (‘000), workforce as % of total workforce, average wage (USD).
  • Output: Production volumes (‘000 tonnes, carats etc.) for all major metals, minerals, ores and gems mined in each state, including bauxite, copper, gold, coal, lead, silver, tin, titanium, uranium, zinc etc.
  • Exports: Value of exports (USDmn) for all major metals, minerals, ores and gems mined in each state.
  • Commodity markets: Global demand, supply, stocks and benchmark prices (USD) for aluminium, copper, lead, nickel, tin, zinc, gold and steel.

BMI’s Mining Risk Reward Index

BMI’s Risk Reward Indices provide investors (mining companies and support service providers) looking for opportunities in the region with a clear country-comparative assessment of a market’s risks and potential rewards. Each of the country markets are scored using a sophisticated model that includes more than 40 industry, economic and demographic data points to provide indices of highest to lowest appeal to investors, with each position explained.

Competitive Landscape Tables & Analysis

Comparative company analyses and tables detailing USD sales, % share of total sales, number of employees, year established, market cap/NAV, ownership structure, production and % market share.

Key Projects

Details and analysis of all current and planned developments (new ventures, capacity expansion and other investments) across the sector broken down by metal/ore.

Company Profiles*

Examines the competitive positioning and short- to medium-term business strategies of key industry players. Strategy is examined within the context of BMI’s industry forecasts, our macroeconomic views and our understanding of the wider competitive landscape. The latest financial and operating statistics and key company developments are also incorporated within the company profiles, enabling a full evaluation of recent company performance and future growth prospects.

Sources

The Mining reports are based on an extensive network of primary sources, such as multilateral organisations (UN, WB, IMF), national chambers of commerce and industry, national statistical offices, government ministries and central banks, and multinational companies.

*Company profiles are not available for every country. Those reports instead contain information on the current activities of prominent companies operating in the market.

secure
Benefit from discounts when you add multiple products to your basket
2 Products SAVE 10%
3 Products SAVE 15%
4 Products SAVE 20%
5 Products SAVE 25%
6 Products SAVE 30%
7 - 20 Products SAVE 35%
21 Products or more SAVE 40%

Testimonials

'An essential, multi-faceted research tool. BMI’s thorough understanding of the major market players enables an informed – and informative – review of the sector’s actual performance, together with useful insights into current industry issues, which are topped-off with detailed and invaluable forecasts of industry and macroeconomic trends.’

Senior Research Analyst, ABC International Bank plc