Kazakhstan has enough gold reserves for three decades, iron ore for nearly 1,000 years - ministry
ASTANA. July 14 (Interfax) - Kazakhstan can meet its needs for gold for the next three decades, coal for several hundred years and iron ore for almost a thousand years at current production levels, the Industry and Construction Ministry said.
"Kazakhstan remains a country with impressive reserves of natural resources. According to the latest data, at the current production level, the sufficiency of key minerals is as follows: gold - 30 years, copper - 38 years, lead - 156 years, iron ore - 957 years and coal - 350 years," states a message published on the ministry's website.
Similar stability is observed in the reserves of manganese, titanium, molybdenum and other strategically important minerals, the statement says.
The ministry said that with sustainable extraction and the continuous development of geological exploration, Kazakhstan can not only maintain but also strengthen its position in the global resource arena.
Kazakhstan produced 113 million tonnes of coal, 57.4 million tonnes of iron ore, 130.3 tonnes of gold and 464,000 tonnes of refined copper in 2024.