Bakytzhan Sagintayev inspects modernization of the world’s largest ore mining and processing enterprise
Today as part of his working visit to Pavlodar region, Prime Minister Bakytzhan Sagintayev visited Bozshakol ore mining and processing enterprise, which was built within the Industrial and Innovative Development State Program of the Republic of Kazakhstan for 2015-2019.
Bakytzhan Sagintayev familiarized himself with the timetable for bringing the company to its designed capacity. Chairman of the Board of Kaz Minerals PLC O. Novachuk reported that with reaching the designed capacity in 2017, 100 thousand tonnes of copper in cathode equivalent will be produced at the Bozshakol enterprise.
1500 jobs were created as part of the project. With the planned number of jobs, the productivity is 15 times higher than in existing copper-mining enterprises in Kazakhstan. The plant uses advanced equipment and technologies, which allowed achieving a high level of automation and digitalization, in accordance with international standards in the industry.
The expansion of the project is in line with objectives set by the Head of State in his Address “Third Modernization of Kazakhstan: Global Competitiveness” on technological modernization, raising labor productivity through the transfer of new technologies and increasing competitiveness.
The copper deposit of Bozshakol, located near Tort-Kuduk village of Pavlodar region, is one of the largest undeveloped deposits in the world. Construction of the mine began in 2012. Start-up operations were launched on December 11, 2015. The first copper concentrate was produced in February 2016.
The annual processing of ore will amount to 30 million tonnes. On average, in forty years the annual copper concentrate production will be 75,000 tonnes. The ore body of the Bozshakol deposit has valuable accompanying production of 5.26 million ounces of gold (production volume is 120,000 ounces annually) and 57,000 tonnes of molybdenum.
Source: Government of the Republic of Kazakhstan