Kazakhstan will begin to develop a new field

09/01/2024

Image source: pixelied.com / pixabay.com

In the North Kazakhstan region, a project is being implemented for 47 billion tenge. LS was told about this in the regional akimat.

According to the information, a hydrogeological study is currently being completed at the Bayan tungsten deposit.

“The resource base allows us to produce tungsten concentrate, ammonium paratungstate with a capacity of 4.8 thousand tons per year, tungsten carbide and many other products that are currently not mined or produced in the country,” the government agency reported.

According to information, 47 billion tenge of private investment will be invested in the implementation of the project. It is noted that 600 million tenge have already been spent. 600 jobs will be created. It is expected that a mining and metallurgical plant will be built here, which will start operating in 2026.

Meanwhile, at the moment it is planned to obtain licenses for the extraction of solid minerals in the part of the deposit located in the protected zone. In addition, design documents, a mining plan and a liquidation plan have been developed, which are being approved by government agencies.

Earlier, LS wrote that a tin project was being implemented in the North Kazakhstan region for 150 billion tenge. The subsoil user approved the documentation for the construction of the necessary infrastructure. Development of design and estimate documentation for the construction of a mining and metallurgical plant is also underway. The enterprise is expected to be launched before the end of 2025. The plant’s capacity should be 11 thousand tons of tin concentrate.

Source and Credit: agmpnews.kz

549