Kazakhstan Opens Its First Tungsten Plant in the Almaty Region
Kazakhstan’s first tungsten processing plant was launched in the Almaty Region on Nov. 1, marking a milestone for the domestic mining industry and strengthening Kazakhstan’s position in the global market of rare earth metals, reported the Kazakh Ministry of Industry and Construction.
The $300 million project is projected to generate up to 1,000 jobs for local specialists and, upon reaching full capacity, will process 3.3 million tons of ore annually, producing a tungsten concentrate of 65%. This initiative has been executed in compliance with international environmental and industrial standards.
The project is managed by Aral Kegen, a subsidiary of Jiaxin International Resources Investment, in partnership with Jiangxi Copper Corporation, China Railway Construction Company, China Civil Engineering Construction Company, and Ever Trillion International Singapore PTE.
Plans for the future include the establishment of a deep processing facility designed to elevate the tungsten grade to 88.5% and to manufacture high-purity tungsten carbide. The anticipated investment for this subsequent phase is $150 million.
