Boston, MA -- (SBWIRE) -- 03/10/2014 -- We expect Kazakhstan's mining industry value to reach US$31.0bn by 2018, down from our previous forecast in light of our view of an overall decline in commodity prices. Growth will be led almost entirely by the coal, gold and copper sectors, which together account for the majority of the value of Kazakhstan's mining industry. Copper production is also a bright spot in the country, given aggressive expansion plans by Kazakhmys, and Rio Tinto's commitment to invest US$100mn in exploring northern Kazakhstan for copper.
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