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Construction of the Shokpar-Gagarinskoye mining and Processing plant

Project ID:

172025192

Project Name:

Construction of the Shokpar-Gagarinskoye mining and Processing plant

Project Sector:

Mining & Metallurgy

Photo source:

gov.kz

image.png

Project Description

Construction of the Shokpar-Gagarinskoye mining and metallurgical plant, which will be located in the foothill area near the village of Sogandy, has begun in the Kordai district of the Zhambyl region. The governor of the region and domestic investors took part in the launch ceremony. The company will process polymetallic ores from the Shokpar –Gagarinskoye deposit, producing gold, silver, zinc and lead from them. The total investment volume is 47 billion tenge. The plant will be able to extract and process up to 500 thousand tons of ore annually. In 2025, due to investments in the amount of 10 billion tenge, the construction of a factory and a dormitory for employees will begin. Geological exploration is currently underway at the site. More than 100 people are involved in the construction, and up to 500 permanent jobs will be created after the launch. For the implementation of the project, local authorities allocated 1,101 hectares of land and temporarily laid 44 kilometers of power transmission lines, providing the future plant with the necessary infrastructure.

Project Phase:

Procurement & Construction

Investment Value:

87 200 000 $

Location:

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Start Date:

10/10/2025

End Date:

1/1/2027

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Other important details

  • The implementation of the project has become part of the work to fulfill the instructions of President Kassym-Jomart Tokayev aimed at developing the manufacturing industry and strengthening investment cooperation. The main goal is to attract capital and create favorable conditions for large, medium and small investors.

  • Speaking at the construction start ceremony, Governor of Zhambyl region Yerbol Karashukeyev stressed that such initiatives serve as an engine of socio-economic growth. According to him, the opening of each new production facility is not just an economic indicator, but a concrete opportunity for residents of the region to get stable work, income and confidence in the future.

  • According to Semyon Khan, director of Shokpar-Gagarinskoye LLP, the company will use a unique technology that is capable of processing any polymetallic ore.

  • Signing of Additional Agreement No. 1 dated July 27, 2017 to Loan Agreement No. 6 dated March 6, 2017 (hereinafter referred to as the Agreement), which is a transaction in which JSC NGK Tau-Ken Samruk has an interest.

  • On July 27, 2017, NGK Tau-Ken Samruk JSC and Shokpar-Gagarinskoye LLP signed Additional Agreement No. 3 to the Agreement. The sole shareholder of Shokpar-Gagarinskoye LLP is JSC NGK Tau-Ken Samruk.

  • Supplementary Agreement No. 1 to the Agreement between JSC NGK Tau-Ken Samruk and LLP Shokpar-Gagarinskoye was approved by the Decision of the Board of JSC Tau-Ken Samruk dated July 26, 2017 (Protocol No. 43-17)

Publication/Revision Date:

10/13/2025

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