Kazakhstan Identifies 38 New Sites with Mineral Potential

A total of 38 sites with high potential for solid mineral and hydrocarbon extraction have been discovered across Kazakhstan, Orda.kz reports.
The findings are part of a national effort to conduct comprehensive geological exploration of the country’s territory, which authorities plan to complete by 2026.
Almost 90% of Kazakhstan’s 2.2 million square kilometers has been surveyed.
22.8 billion tenge were allocated for the work. Based on the results of the work carried out in 2024, 38 sites with high potential for the extraction of solid minerals and hydrocarbons were discovered. The total area of the mapped territory was 104.4 thousand square kilometers. The work continues, the data is used to update geological maps and plan new projects,
states the Cabinet of Ministers’ report on last year’s results.
Private sector involvement has also been growing. Since 2019, private investors have spent 424 billion tenge on geological exploration, including 99 billion in 2024 alone.
Over the past few years, 306 subsoil exploration licenses have been issued.
One of the most promising developments is a newly discovered rare-earth metals deposit in the Qaraganda region. Located in the Kuirektykol area, the Jana Kazakhstan cluster is believed to contain up to 20 million tons of reserves.
The concentration of elements reaches 0.25%, a figure considered high by international standards. Experts suggest this find could position Kazakhstan among global leaders in strategic mineral resources.
Original Author: Artyom Volkov
Latest news
- Scammers Posing as Security Agents Trick Architect Into Selling Property
- Ulytau Officials Respond to Fine: Blogger Was Penalized Over Unfounded Corruption Claims
- Kazakhstan Lifts Gallium Export Duty
- Chinese Firm Proposes to Fund New Port and Logistics Hub in Mangystau Region
- ForteBank Stock Soars on Home Credit Deal, Then Plunges 30% in a Day
- Coins Believed to Be Tied to Kairat Satybaldyulyuly to Be Auctioned
- Ukraine’s Military Intelligence Chief Says Ceasefire Should Come Before Year’s End
- Kyrgyz Citizen Fined in Kazakhstan for Carrying Banned Book Across Border
- Trial of Former Financial Police Officers in Khorgos Case No. 1 Closed to Public Over State Secrets
- Kazakhstan to Ban Outdoor Currency Rate Displays at Exchange Offices Starting September
- Armenian Court Orders One-Month Detention for Tashir Pizza Executive Amid Ongoing Investigation
- Kazakhstan May Require Banks to Offer Deferrals to Socially Vulnerable Borrowers
- Almaty Utility Pursues Debt Collection for Unpaid Heating and Hot Water Bills
- Kazakhstan and Afghanistan Sign Railway Memorandum
- Kazakhstan's National Bank Keeps Interest Rate at 16.5%, No Cuts Expected Until 2026
- Vyacheslav Kim Finalizes Purchase of Alatau City Bank
- Wild Arman Associate Detained in UAE Over Alleged Role in Qantar Riots
- Ulytau Region Akim Sues Woman for 495,000 Tenge Over TikTok Video
- Ukrainian Entrepreneurs Move to Buy BTA Bank from Kazakh Businessman Kenes Rakishev
- Kazakhstan’s Foreign Debt Hits 170.5 Billion USD in Q1 2025