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Production of fluorite and manganese concentrates
Industry:
Mining
Stage:
Brownfield
Location:
Zhambyl region
68
US$ million
Investments needed
IRR
21%
16.5
US$ million
NPV
years
Payback period
8.5
Key Highlights
1
The Project provides for the open-pit exploration of fluorite ore of up to 600 thousand tonnes per year and its benefication by flotation method to produce fluorite concentrate (FK-75 ,FO-90 ,FF-95 ,97) of up to 140 thousand tonnes per year and manganese concentrate of 20 thousand tonnes per year containing the main component of 37 % in the Dzhambul region of Kazakhstan
2
Total amount of proved fluorite ore reserves has been estimated at 2.931 thousand tonnes (approved by Ministry of Metallurgy of USSR). The projected resources of the field are estimated at 18 million tonnes of ore of P2 category
3
There are no pledges over company's assets or active litigations or claims. All exploration expenditures to-date have been financed by the shareholders' own funds
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