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Development of the Koksai Copper Deposit and Construction of the Concentrating Plant

PROJECT ID

120520252

SECTOR

Mining & Metallurgy

PROJECT PHASE

Initiation & Feasibility

LOCATION

Jetisu Region, Kazakhstan

START DATE

6/1/2024

END DATE

1/1/2026

INVESTMENT VALUE

$ 2170 M

Active

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Verified

Last Updated: 6 July 2026

Publication: 12 May 2025

PROJECT DESCRIPTION

The Koksay project is a large-scale copper mining initiative located in the Zhetysu region of southeastern Kazakhstan, approximately 230 kilometers north of Almaty. It involves the development of one of Kazakhstan’s largest undeveloped copper deposits through open-pit mining. The project includes the construction of a concentrating plant designed to process up to 50 million tonnes of ore annually. The plant will produce copper concentrate and cathode copper as its primary outputs. According to geological estimates, the deposit contains approximately 823.7 million tonnes of ore, with 3.5 million tonnes of copper, 63.7 tonnes of gold, and 865 t... Read more

Involved Companies & Contacts

INVOLVED COMPANIES & CONTACTS

COMPANY 1 INFO

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KEY CONTACTS

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Location

Locations shown on the map are for indicative purposes and may vary from actual locations.

Other important details

The project has received national-level strategic investment support and is expected to bring significant economic, social, and infrastructure development to the Zhetysu region. Environmental Impact Assessments (EIA) and permits are in progress. Supporting infrastructure such as water reservoirs, power supply, and road access is being designed in compliance with ecological regulations. The Kazakh government expects the project to generate over 3.3 trillion KZT in taxes over its lifetime. Kazakhmys will also implement local employment and training programs to ensure benefits for surrounding communities.

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