On August 23, 2019 in the city of Karaganda, the General Director of Samruk-Kazyna Invest LLP N. Abdymomunov visited the coal enrichment plant of Ekibastuz and Karaganda deposits with a production capacity of 500 thousand tons per year with the closure of the reverse water supply cycle (KAZ Ferrit LLP), as well "Production of welding electrodes" (LLP "Electrode SK").
The projects was implemented in 2015 as part of the implementation of the strategy of the National Welfare Fund “Samruk-Kazyna” to support domestic production and import substitution. Samruk-Kazyna National Welfare Fund represented by Samruk-Kazyna Invest acted as one of the co-founders of the projects, the main participants in the projects are Crystal Invest LLP and Asia Invest Groop LLP.
"Production of welding electrodes" (Electrode SK LLP)
The project envisages the construction of a plant for the production of a wide range of high-quality welding electrodes in Karaganda.
The partner was the Karaganda company Asia Invest Group LLP (75%). Samruk-Kazyna LLP (25% share) invested 122 million tenge in the project.
Commissioning - January 2015.
ISO 9001-2009, ISO 14001-2006, ISO18001-2008 certificates received in 2016. The plant operates stably.
In 2017, 700 tons of products worth 321 million tenge were sold.
In 2018, more than 1,000 tons worth more than 400 million tenge were sold.
“Construction of the coal enrichment plant with a capacity of 500 thousand tons of coal concentrate per year” (KAZ Ferrit LLP)
The project envisages the construction of a plant in Karaganda to enrich the coal of Ekibastuz and Karaganda deposits.
The project has been implemented since 2015 together with the Karaganda company Crystal Invest LLP (75%).
Samruk-Kazyna Invest LLP (25%) invested in the project 659 million tenge. In 2017, the main construction works for the construction of the plant were completed.
The plant was commissioned in 2018, and is currently operating stably.