China Nonferrous Metal Mining (Group) Co., Ltd. chairman Wen Gang led a delegation to Kazakhmys headquarters on October 19 and held talks with board chairman Oleg Novachuk on deepening practical cooperation, according to a statement from China Nonferrous Metal Mining (Group) Co., Ltd. (unconfirmed).
Wen said the visit was meant to build on understandings reached when the two sides met in Beijing in September. He thanked Kazakhmys for its long-standing support of China Nonferrous Metal Mining (Group) Co., Ltd. and its Kazakhstan businesses, including Shenzhen-listed China Nonferrous Metal Industry's Foreign Engineering and Construction Co., Ltd. (000758), and called for closer cooperation along the non-ferrous metals value chain.
Novachuk said the companies have jointly carried out several major projects in Kazakhstan and that Kazakhmys values the partnership. The statement does not name projects, new agreements or any figures. Everything said about the talks comes solely from China Nonferrous Metal Mining (Group) Co., Ltd.'s own press release and is unconfirmed.
The same day Wen visited the Kazakhstan subsidiary of China Nonferrous Metal Industry's Foreign Engineering and Construction Co., Ltd. He told management to deliver construction projects to a high standard, stay compliant, push harder for new business, pay attention to secondary resources and actively explore a "resources-for-projects" cooperation model (unconfirmed).
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Editor's note: China Nonferrous Metal Mining (Group) Co., Ltd. did not explain what "resources-for-projects" would involve. Given that China Nonferrous Metal Industry's Foreign Engineering and Construction Co., Ltd. is mainly an engineering contractor, our reading is that it could mean linking project work to access to mineral resources; this is an inference, with no official detail. Secondary resources usually refers to tailings and waste dumps, but no specific sites were named.
Sources:
- China Nonferrous Metal Mining (Group) Co., Ltd. website, statement dated Oct 20, 2026 (Chinese): https://pgma.cnmc.com.cn/cnmc/xwzx/jtxw/2026/10/I1562047785962831872.html
(This article was prepared with AI assistance and reviewed by an editor; the illustration is AI-generated and is not a photograph.)