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Last Updated: 25 April 2026
Publication: 13 May 2025
PROJECT DESCRIPTION
KazaX Minerals Inc. is developing the Lomonosov iron ore deposit in Kostanay Region, located in the Ulyanovsk and Zhdanovsk rural districts. The project includes constructing a beneficiation plant to produce iron ore concentrate with a 67% iron content. With mineral reserves of 505 million tons, the deposit is officially registered in Kazakhstan's state inventory. The project aims to achieve a production capacity of 8-16 million tons of ore per year, yielding 2-4.5 million tons of concentrate annually. Future plans include producing eco-friendly iron ore pellets using gas or hydrogen to reduce the carbon footprint and achieve net-zero emissio... Read more
Involved Companies & Contacts
INVOLVED COMPANIES & CONTACTS
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Location
Locations shown on the map are for indicative purposes and may vary from actual locations.
Other important details
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The plant will prevent the flaring of over 600,000 cubic meters of ferroalloy gas annually.
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It is part of ERG’s broader push toward environmental modernization, including wind power development in Khromtau.
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The EPD initiative will help enhance the international marketability and environmental credentials of Kazakh chrome.
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The power plant will use Best Available Techniques (BAT) in line with environmental standards.
