Kazakhstan’s Minister of Industry and Construction Kanat Sharlapaev met representatives from Jiaxing International Resources Investment LTD on April 3rd to discuss progress on the extraction of tungsten at Bugutinskoe in the Almaty region.
The new mine and processing plant, scheduled for completion by the end of 2024, are expected to create 1,000 jobs.
The project involves the extraction and processing of 3.3 million tons of tungsten ores to produce a 65% tungsten concentrate. A feasibility study is also being conducted for the construction of a deep-processing complex, which will process a further 65% tungsten concentrate into 88.5% ammonium paratungstate and high-purity tungsten carbide.
