Kazakh Alloy will be produced in Brazil and Kyrgyzstan.

ALMATY. June 15th. KAZINFORM. The National Center for Integrated Processing of Mineral Raw Materials of the Republic of Kazakhstan (NC KPMS) and the South Korean company Posco signed a memorandum of cooperation in Pavlodar.

As Kazinform has already reported, the first industrial furnace for smelting ferrosilicon aluminum, which is patented as a "Kazakhstani alloy", has been commissioned at the Pavlodar plant of KSP Steel LLP. Well-known foreign metallurgical companies have shown interest in the technology of obtaining a new material that significantly improves the quality of steel.

"We have signed a memorandum with Posco," said Abdurasul Zharmenov, Director General of NC KPMS, Academician. - The company will build the first ferrosilicon aluminum production plant using our Kazakh technology with a capacity of 200 thousand tons per year in Kyrgyzstan. The second enterprise is planned to be built with our participation in Brazil.

Posco is a large company with an annual turnover of $80 billion. We will work not only on our new alloy, but also on other innovative areas."

Source: www.inform.kz