The project involves the construction of two modern coke-fired batteries with a combined annual production capacity of 1.5 million tons, replacing the aging facilities currently in operation. The investment is a central element of Qarmet's broader modernization strategy aimed at improving efficiency, reducing production costs and strengthening self-sufficiency in raw materials.
The goal is to ensure a stable supply of coke from 2029
Upon completion, the project is expected to maintain sustainable coke production at about 2.5 million tons per year from 2029, ensuring stable blast furnace operation and long-term reliability throughout the Qarmet steelmaking chain.
The total investment in the project is estimated at $ 435 million. Under the agreement, DBK will provide financing in the amount of up to $337 million under a 13-year loan denominated in Chinese yuan.Import substitution and environmental modernization
According to DBK Chairman Marat Yelibayev, the modernization program will allow Qarmet to completely eliminate dependence on imported coke by 2029, strengthening domestic raw material security.
The new facilities will also include advanced gas purification systems aimed at
