Kazakhstan has begun construction of a significant $1.8 billion copper smelter located in Aktogai, Abai Region. President Kassym-Jomart Tokayev announced the launch on October 20, highlighting the project's importance to the nation’s industrial sector. The new smelter is expected to have an annual production capacity of 300,000 tons of cathode copper. Tokayev described the undertaking as a major industrial initiative designed to bolster Kazakhstan’s economy. The project signifies a considerable investment in the country’s mining and metallurgical capabilities. This development is anticipated to strengthen Kazakhstan's position in the global copper market and contribute to regional economic growth. The launch ceremony was addressed by the President via video link.