Our Platform
Five material platforms, one integrated value chain
NSMT is building one of the world's most integrated strategic materials platforms — each stage adding purity, complexity and margin.
Core platform
Tungsten
- 01APT
- 02Metal Powder
- 03Carbides
- 04High-Performance Powders
- 05Electronic-Grade Materials
- 06Semiconductor Precursors
Core platform
Molybdenum
- 01APM
- 02High-Purity Oxides
- 03Powders
- 04Catalyst Materials
- 05High-Temperature Materials
- 06Advanced Chemicals
Roadmap
Rare Earth Platform
- 01Heavy Rare Earths
- 02Magnet Materials
- 03Permanent Magnet Supply Chain
Iron · Manganese · Phosphate · Fluorine
Battery Materials
- 01Battery Precursor Chemicals
Bismuth · Rhenium · Tellurium · Selenium
Advanced Materials
- 01Functional Materials
- 02High-Performance Compounds
- 03Advanced Industrial Applications
Koktenkol — life-of-mine output
185,970 t
Tungsten
458,207 t
Molybdenum
308,319 t
Copper
51,367 t
Bismuth
55 yrs
Mine life
Rare Earth and Battery Materials reflect NSMT's broader platform roadmap.
Strategy
A phased build-out — from first tungsten production to a fully integrated platform
Phase I — Initial production
- Capacity
- 5,000 tpa APT · ~200 tpa APM · ~1,500 tpa Cu
- Initial capex
- ~US$308M (first module)
- Financing
- US$250M facility — ADCB; ~US$42M drawn to date
- EPC contractor
- NFC — China Nonferrous Metal Industry's Foreign Engineering & Construction
- Offtake
- Traxys — up to 70% take-or-pay + US$300M buying agreement + US$30M advance facility
Phase II — Full-scale platform
- Capacity
- 20,000 tpa APT · 18,000 tpa APM · 8,000 tpa Cu
- Capex
- ~US$1.4bn — Stage 1 development + Stage 2 construction
- Financing
- To be arranged, building on the Phase I ADCB relationship
- EPC contractor
- To be confirmed following Phase I execution
- Offtake
- To be arranged, building on the Phase I Traxys relationship
Phase I / II Production→Advanced Chemicals→Advanced Materials→Electronics Materials→Strategic Materials Platform
Phase I targets 5,000 tpa APT within Stage 1 (full Stage 1 capacity ~20,300 tpa APT); figures per Koktenkol technical-economic assessment, preliminary.