Qazaqstan Mining Company plans to start mining iron ore at the Shagarshinskoye deposit, located in the Aitekebi district of the Aktobe region of the Republic of Kazakhstan. The company published the project on the Unified Ecological Portal of Kazakhstan.
The subsoil user carried out exploration work at the site in 2019–2021. The reserves of Shagarshinsky were put on the state balance sheet in February 2023. The project documentation of the company states that 1,642 thousand tons of iron ore (742 thousand tons of iron with an average metal content in the ore of 45.2%) were classified as probable reserves, 118 thousand tons of ore (52 thousand tons iron with an average metal content of 44.07%).
Qazaqstan Mining Company has calculated a mining plan for 2024-2031. The quarry area at the end of mining will be 7.79 hectares, depth – 77 m, bottom horizon – +180 m. The manufacturer is going to process raw materials at his own crushing and screening complex.
In the first two years of operation of the enterprise, it is planned to build an evaporation pond on the site for the accumulation of quarry waters and their technological maintenance.