15 Apr 2024 15:12

Kazatomprom subsidiary to conduct exploration of rare metals at Karajal deposit in eastern Kazakhstan

ALMATY. April 15 (Interfax) - Ulba Metallurgical Plant JSC, part of National Atomic Company Kazatomprom, has received a license to explore for solid minerals at the Karajal deposit in the Abay region in eastern Kazakhstan.

"Geological exploration work is planned to assess and confirm reserves of rare metals (tantalum, niobium, beryllium)," the Kazatomprom press service reported.

The implementation of this project will allow the nuclear holding to provide existing production facilities with a mineral resource base, increase economic efficiency and expand the regions of its presence, the press service said.

This activity is being conducted as part Kazatomprom's 2022-2029 scientific and technological development program related to rare and rare earth metals, which was developed in order to create new types of products, improve technologies for the extraction of useful valuable components at enterprises and organize high-tech industries.

The Ulba Metallurgical Plant manufactures uranium, beryllium, tantalum and niobium products for the needs of nuclear energy, electronics, metallurgical industries and other fields.

Kazatomprom is Kazakhstan's national operator for the export of uranium and its compounds, rare metals, nuclear fuel for nuclear power plants and special equipment.