3 May 2026

Central Asia’s Next Growth Story Runs on Water It Does Not Have

Vlad Paddack and Sobir Kurbanov

MINEX Kazakhstan 2026, held in Astana on April 15-16, brought together roughly 1,000 participants from the mining industry, government ministries, diplomatic missions, financial institutions and media for the largest extractive-sector gathering in Central Asia. The forum’s theme, “Kazakhstan’s Mineral Resources: Reforming for Value in a Multi-Vector Reality,” framed two days of discussion around how the country positions its critical minerals endowment against a tightening global competition for supply.

Much of the debate focused on the investment climate, royalty reformm and processing incentives. Less of it focused on the constraint that is becoming a first-order concern for the sector: water. The analysis below draws on a presentation delivered at the forum on April 16 by Nightingale Int. Fellows Vlad Paddack and Sobir Kurbanov on water security risks facing Central Asia’s mining sector and the broader industrial strategy built around it.

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