Kazakhstan Potash Corporation Limited (KPC) is an Australian publicly listed mineral exploration company which owns the rights to two potash deposits in Kazakhstan, namely the Zhilyanskoye Project and the Chelkar Project and is also finalising the acquisition of the Satimola Project. It intends to develop all the three projects in Kazakhstan to full scale production.

In December of 2014, KPC signed a Framework Agreement under the auspices of the Kazakhstan and Chinese Governments as part of the ‘One Belt, One Road’ initiative in the region. Under the terms of the Framework Agreement KPC plans to build a potash production base in Kazakhstan drawing on its three projects, so as to meet China and Kazakhstan agriculture markets’ demand for potash.