Kazakhstan, Slovakia to develop lead deposit.

By bne IntelliNews July 7, 2011
Kazakhstan and Slovakia will jointly develop large lead deposit Alaigyr. The relevant framework agreement was signed between Tau-Kent Samruk and Radington industrial Consulting. The initial cost of the project is estimated at USD 50mn. The reserves of Alaigyr deposit are estimated at 50mn tones of lead. The Slovak partner is responsible for providing the necessary technologies and financing. It is expected that the joint venture on parity basis will process annually 1mn tones of ore. The first lead concentrate is projected to be produced in 2015. The full nameplate capacity of 70,000 tones of lead should be achieved by 2017.

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