Moly Tungsten and molybdenum project

  • Overview:


    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

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