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Chrome ore in Mamytsky
Ultrabasite massif

Industry:

Mining

Stage:

Greenfield

Location:

Aktobe region

TBD

US$ million
Investments needed

million tons of chrome ore
Estimated resources

23

18

sq. km
The field area

US$ billion
Global chromium market

7.8

Key Highlights

1

Kazakhstan is in the top 3 world leaders in the chromite mining and takes first place in ore reserves. According to the U.S. Geological Survey, the world's chromium resources are geographically highly concentrated: 95% of all resources are in Kazakhstan and South Africa

2

Chromium ore is the primary material for refractory magnesite and chromium-magnesite bricks and masses. It is also used as a premium foundry sand in the foundry and metallurgical industries

3

China is the largest consumer of the product as it is one of the largest manufacturers of stainless steel and other specialty steel products

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