Project Operator: Verbier Mining LLC,
Project Description: The Saran tungsten-molybdenum deposit, Moli Project, is located in Karkaralinskiy district, Karaganda region, 15 km west of Zhanatogan village,
Project’s Current Status: Currently, finalizing of geological exploration work is being performed and the project is being prepared to complete the PFS stage,
Project Reserves: geological resources of the deposit are 29 million tons of ore, 26,000 tons of metal (WO3), at an average grade of 0.09%.
Mining Method: Open pit,
Project Process Information: Combined process flowsheet (flotation and gravity concentration technology),
Project Duration: 17 years,
Deposit Development Period: 11 years,
Project Design Capacity: 1.5 million tons of ore per year, 2,200 tons of metal per year,
Project’s Current Stage Finance Status: The project is 100% funded,
Start of Facilities Construction: year 2024,
Facilities Launch Planned At: year 2025
