Location: Dome “Shugul” in Akzhaik district of WKR, 60 km. from Inder vill. of Atyrau region
Area: 100 km2
Cost: 23 million USD
Partner: “Kazakhstan Potash Company” LLP
Implementation period: 2015-2022
Purpose: exploration and development of a potassium salt deposit and production of export-oriented products
Implementation mechanism:
- creation of a joint venture;
- registration of subsoil use right of JSC “NC “SEC “Oral”, and transfer to the Partner;
- financing of the project at the expense of the Partner;
- statement on the state balance of the deposit reserves;
- construction of a plant for the production of potash fertilizers and joint mining, and processing of potassium salts
Payback period: 9 years
Profitability: 65%
Creation of jobs: 600 - in the period of geological exploration and construction and installation works, 1500 - from the moment of extraction of minerals and commissioning of the plant