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Satimola Potassium-Boron Complex

Potato Processing Complex.jpg

Value

PROJECT ID

905202535

SECTOR

Industrial Manufacturing

PROJECT PHASE

Initiation & Feasibility

LOCATION

West Kazakhstan Region, Казахстан

START DATE

1/1/2024

END DATE

1/1/2035

INVESTMENT VALUE

$ 2400 M

Active

Verified

Updated: 2 Days ago

Publication: May 8, 2026

Project Description

This project involves the establishment of an enrichment and production complex at the "Satimola" deposit in the Akzhaik district of the West Kazakhstan region. The complex aims to produce potash fertilizers and boric acid, contributing to the diversification of Kazakhstan's chem... Read more

Involved Companies & Contacts

Involved Companies & Contacts

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PARTY 1 - Involved Companies & Contacts

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PARTY 2 - Involved Companies & Contacts

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Other important details

  • The project is included in the list of 15 approved mega-projects by the government of Kazakhstan.

  • The project aims to create approximately 4,000 jobs during construction and operation phases.

  • The project is expected to contribute significantly to the local economy and reduce Kazakhstan's dependence on imported fertilizers.

  • SRPM Resources Ltd.: Established in 2020, SRPM Resources Ltd. served as the initial initiator of the Satimola project. The company applied for a mineral extraction license and secured a 49-year lease on a 172.18 km² land plot in the Akzhaik District for the construction of the potash fertilizer plant.

  • Qazaq Kalium Ltd.: In 2024, Qazaq Kalium Ltd. signed a memorandum of cooperation with KfW Bankengruppe and Euler Hermes Group, indicating the attraction of international financing and state-level support for the project. The company is responsible for the development, financing, and construction of the enrichment and production complex.

Sources

Publication Date

5/12/2025

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