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Akmaya tungsten project

  • Overview:

    Project Operator: Akmaya Tungsten LLC,

    Project Description: Akmaya tungsten deposit, Akmaya Project, is located in Shetskiy District, Karaganda Region, 11 km southeast of Unrek village,

    Project’s Current Status: verification geological exploration works are being done and preparation of the project for completion of the Scoping stage is in process in order to move to the Pre-Feasibility Study (PFS) stage,

    Project Reserves: geological resources of the deposit amount to 11 million tons of ore, 27.6 thousand tons of metal (WO3), at an average grade of 0.25%.

    Mining Method: Open pit,

    Project Process Information: Combined (flotation and gravity concentration technology),

    Project Duration: 14 years,

    Deposit Development Period: 10 years,

    Project Design Capacity: 1 million tons of ore per year, 2,500 tons of metal per year,

    Project’s Current Stage Finance Status: 100% of the project is funded,

    Start of Facilities Construction: year 2025,

    Facilities Launch Planned At: year 2026.

     

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RCG is an Almaty-based private investment group

focused on investments in the natural resources sector

 

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