Recently, the board of directors of Jiangxi Naipu Mining Machinery has decided to bet $10 million in chips on the Central Asian hinterland. While the mining trucks in Almaty are still roaring deep in the Gobi Desert, this Chinese enterprise that specializes in mining equipment has quietly launched a localized service network. Kazakhstan, a resource rich country with over half of the world's tungsten reserves, is welcoming the deep integration of China's mining service chain.

Establishing a warehouse worth millions of dollars in Almaty

Naipu Mining announced that it will indirectly hold shares through its Singapore subsidiary and establish a wholly-owned subsidiary in Kazakhstan with a registered capital of 500000 US dollars, located in Almaty. The investment plan includes opening a warehouse center, purchasing machinery and equipment for the transfer and storage of finished products, as well as simple processing and maintenance. Since 2016, we have established cooperation with local mining companies and have seen a continuous increase in orders in recent years. This decision aims to narrow the service radius from cross-border delivery to local response.

Tungsten mining town attracts capital competition

Over 90 types of mineral deposits and more than 500 mineral sites have been discovered in Kazakhstan, with tungsten reserves accounting for half of the world's total. In addition to Naipu, China Nonferrous Mining plans to invest $600 million to develop the Aktobe copper mine, and Zijin Mining is also planning a $600 million gold mine project. The prosperity of mining directly creates a rigid gap in equipment maintenance and spare parts supply, and localized service capabilities have become the throat link of the mining industry chain. Keywords: the Belt and Road news network, mining development

Global network adds a pivot to Central Asia

Naipu Mining Machinery specializes in crushing and screening equipment and wear-resistant spare parts, with products exported to more than 50 countries. Production bases have been established in Zambia and Chile. The subsidiary in Kazakhstan will collaborate with existing overseas nodes to shorten the response cycle to major clients such as Zijin Mining. The company has previously established a dual wheel drive strategy: expanding its main business of global mineral processing spare parts while seeking investment opportunities in the resource side in Central Asia and Southeast Asia. This time, two tracks intersect in Almaty.Editor/Gao Xue