BALLESTRA and Samruk Kazyna sign a Strategic Cooperation Agreement for the the construction of a sulphuric acid plant in Kazakhstan

In the frame of the state visit of the President of the Republic of Kazakhstan, Mr. Kassym-Jomart Tokayev, to the Italian Republic held on 18th January 2024, Ballestra and Samruk-Kazyna have signed a Strategic Cooperation Agreement for the construction of a sulphuric acid plant to support expansion of uranium mining operations.​
The sulphuric acid plant with a capacity of 800,000 metric tons per year will be built in Taikonur, Turkestan region. It will be based on MECS Elessent technology.​

Paolo Iengo, Ballestra’s Managing Director said: “After having successfully supplied two similar plants in the past years, we are delighted to further strengthen our cooperation with Kazakhstan and support the country’s impressive industrial growth.”​

Ballestra is an Italian engineering process company with extensive know-how and references in inorganic chemistry, fertilizers and chemicals for the detergent industry.​

JSC Samruk Kazyna, founded in 2008 by the decree of the president of the Republic of Kazakhstan, is the Kazakhstan Sovereign Investment Fund, with the mission to ensure sustainable economic development and create long-term value through effective management of a diversified portfolio of assets and business support in the interests of the people of the Republic of Kazakhstan.​

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