Copper And Molybdenum Project Set To Launch In Abay Region
Photo: Pixabay
A new mining and processing plant is planned at the Aydarly deposit in the Ayagoz district of the Abay region, where the project aims to produce copper and molybdenum concentrates, Orda.kz reports, citing the regional akimat.
The plant is expected to process up to 75 million tons of ore a year using open-pit mining. Annual output is projected at 1.1 million tons of copper concentrate with a copper content of 23%, as well as 7,500 tons of molybdenum concentrate.
The deposit will be developed by Aidarly Project JSC. Total investment in the project is expected to exceed $4.5 billion, with implementation planned through 2030.
The project is currently in the development stage, and construction and installation work is scheduled to begin this summer. The enterprise is expected to be commissioned in 2029.
The region is also continuing geological exploration under its 2023–2027 plan. So far, 64 promising deposits of gold, uranium and other minerals have been identified.
Original author: Oksana Matviyenko
Read also:
Latest news
- Copper And Molybdenum Project Set To Launch In Abay Region
- Deputies Raise Alarm Over Chaos in Construction Licensing and Oversight
- Kazakhstan’s Tobacco Output Surges as Smoking Rate Holds Steady
- EAEU Waives Import Duties on Several Vegetables for Kazakhstan
- SpaceX Direct-to-Cell Service Still Awaiting Commercial Launch in Kazakhstan
- Kazakhstan To Require Near Real-Time Emissions Reporting From Enterprises
- Tokayev Says Elections to Kazakhstan’s New Parliament Will Be Held in August
- System Outage Leaves Foreigners Without IIN and Residence Permit Services in Kazakhstan
- Sowing 2026: What Kazakhstan Will Plant and How It Will Pay for It
- What Higher Foreign Labor Hiring Rates Could Mean for Kazakhstan
- First Soyuz-5 Launch From Baiterek Expected Soon
- Gas Went Up Despite A Tariff Freeze In Southern Kazakhstan
- Kazakhstan Expands Military Spending With A Focus On UAVs
- Who Is Now Protecting Investors In Kazakhstan
- No One Was Punished For LGBT Propaganda In Kazakhstan — Ministry Of Culture
- Can Kazakhstan Really Send Green Power To Europe Through The Black Sea?
- Why Kazakhstan’s Army Is Struggling To Win Over Young Recruits
- A New Transit Era May Cost Almaty Dozens Of Buildings
- From Patient Care To Italy Trips: Prosecutors Uncover Embezzlement Scheme In Astana
- Kazakhstan Clears The Sky For Turkish Military Transit
