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The owner of Qarmet Andrey Lavrentyev told the President of Kazakhstan Kassym-Zhomart Tokayev about the current state of the plant and the prospects for its further development. The investor reported that the company intends to once again become one of the leaders in the country’s metallurgical market. Information about the meeting between Mr. Lavrentyev and the head of state appeared on the official website of the President of the Republic of Kazakhstan. 

Qarmet management reported on the results of negotiations with the trade union of metallurgists and coal miners. The key topic of discussion was working conditions. The heads of departments agreed with the employees to develop a collective agreement, which in the future will be able to satisfy the requests of employees to discuss with them decisions that are significant for the team.

Qarmet aims to increase production volumes and regain the once lost status of one of the largest metallurgical plants in Central Asia and the CIS. According to Andrey Lavrentyev, with a successful restart, the plant could receive this title by 2028. As for how to achieve this goal, the company plans to increase steel production to 5 million tons per year (+64%) and increase the production of iron ore concentrate to the same level (+88%). Annual coal production should be 9 million tons (+47%). 

The President of the Republic of Kazakhstan also discussed with the owner of Qarmet the updating of working equipment in order to prevent repeated accidents at work. The key issue on the environmental agenda of the meeting was gasification of the enterprise.