UAE Coal Deal Highlights Why Foreign Investors Are Betting on Kazakh Coal Industry

The Astana Times provides news and information from Kazakhstan and around the world. ASTANA – A United Arab Emirates company has secured a 25-year license to develop the Kenderlyk coal deposit in eastern Kazakhstan, expanding foreign investment in the country’s mining sector.  According to documents released ahead of public hearings in early August, MQ Emirates Group Ltd will develop Coal-Shale Field No. 1 of the Kenderlyk deposit using… The post UAE Coal Deal Highlights Why Foreign Investors...

By Fatima Kemelova