From Raw Materials to Localization: GWM Capital Signs $90M in Agreements as Kazakhstan Deepens Ties with China
On July 16–17, 2026, President Kassym-Jomart Tokayev held talks with President Xi Jinping in Shanghai and met with leaders of China's major technology and infrastructure companies. The visit resulted in more than 70 commercial agreements worth over $15 billion.
Unlike the US, China is showing genuine willingness to localize production in Kazakhstan rather than simply supply finished goods. A key example is CATL, the world's largest battery manufacturer, which is considering building a plant in Kazakhstan — potentially the first of its scale in Central Asia, closing the production chain from raw material extraction to finished batteries. In the automotive sector, Allur and Li Auto agreed on vehicle production in Kazakhstan, while Astana Group and Chery agreed to localize the OMODA and JAECOO models with technology transfer.
Among these 70 agreements are two projects by our company, GWM Capital, totaling $90 million:
GWM Capital and China-Kazakhstan Energy Mining Co., Ltd. — a $20 million agreement to bring in a Chinese investor for the Future Minerals Junior Mining Fund, which will finance subsoil use and mineral processing projects.
GWM Capital, HK Walle Group, and Hunan Junyang Environmental Technology Co., Ltd. — a $70 million agreement to structure and support an investment deal for building a metallurgical waste, tailings, and industrial slag processing complex in Kazakhstan.
Chinese companies are genuinely ready to invest in Kazakhstan despite regulatory, currency, and project risks. They are drawn by the country's resource base, access to Central Asian markets, and its strategic location between China and Europe. Kazakhstan is increasingly seen not only as a domestic market but as a manufacturing and logistics hub for exports to neighboring countries in the region.
On July 16–17, 2026, President Kassym-Jomart Tokayev held talks with President Xi Jinping in Shanghai and met with leaders of China's major technology and infrastructure companies. The visit resulted in more than 70 commercial agreements worth over $15 billion.
Unlike the US, China is showing genuine willingness to localize production in Kazakhstan rather than simply supply finished goods. A key example is CATL, the world's largest battery manufacturer, which is considering building a plant in Kazakhstan — potentially the first of its scale in Central Asia, closing the production chain from raw material extraction to finished batteries. In the automotive sector, Allur and Li Auto agreed on vehicle production in Kazakhstan, while Astana Group and Chery agreed to localize the OMODA and JAECOO models with technology transfer.
Among these 70 agreements are two projects by our company, GWM Capital, totaling $90 million:
GWM Capital and China-Kazakhstan Energy Mining Co., Ltd. — a $20 million agreement to bring in a Chinese investor for the Future Minerals Junior Mining Fund, which will finance subsoil use and mineral processing projects.
GWM Capital, HK Walle Group, and Hunan Junyang Environmental Technology Co., Ltd. — a $70 million agreement to structure and support an investment deal for building a metallurgical waste, tailings, and industrial slag processing complex in Kazakhstan.
Chinese companies are genuinely ready to invest in Kazakhstan despite regulatory, currency, and project risks. They are drawn by the country's resource base, access to Central Asian markets, and its strategic location between China and Europe. Kazakhstan is increasingly seen not only as a domestic market but as a manufacturing and logistics hub for exports to neighboring countries in the region.