The Iron Ore Industry of Kazakhstan: A Research Report

Abstract

An American specialist on the energy and natural resource industries of the countries of the former USSR examines recent developments in iron ore production in Kazakhstan in light of the financial crisis in Russia, the major export market for Kazakhstan's output. The analysis focuses on the effects of the August 1998 ruble devaluation in Russia on terms of trade between the two countries and also examines demand for iron ore in Kazakhstan and other (non-Russian) foreign markets. Coverage includes a description of the current operations of Kazakhstan's major iron ore producers and examines prospects for improvement in 1999. Journal of Economic Literature, Classification Numbers: F14, L72, Q30. 3 tables, 10 references.