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.