NSMT
Rail line and power transmission corridor across the Kazakh steppe at sunset

Why Kazakhstan

A new global platform for strategic materials

Kazakhstan brings together the geology, energy, logistics and engineering depth needed to build an integrated critical-materials value chain.

01

Large, Multi-Commodity Resource Base

Tungsten, molybdenum, copper, bismuth and rare earth potential in a single jurisdiction.

02

Affordable, Reliable Energy

Low-cost baseload power — decisive for hydrometallurgy and downstream chemistry.

03

Developed Transport Infrastructure

Established rail and road corridors linking plant to port and customer.

04

Proximity to Europe

Short logistics routes into European industrial and defense supply chains.

05

Proximity to China

Direct access to the world's largest processing and manufacturing market.

06

Access to the Middle East

Southbound routes to fast-growing industrial and capital markets.

07

Skilled Engineering Workforce

A deep mining and metallurgy talent pool with Soviet-era industrial heritage.

Flagship asset

Koktenkol

Tungsten · Molybdenum · Copper · Bismuth

Ore reserves (probable)

874 Mt

Total JORC ore reserves

535 Kt

Molybdenum

304 Kt

Tungsten (WO₃)

455 Kt

Copper

63 Kt

Bismuth

Mineral resource (M+I)

1,045 Mt

Total JORC mineral resource

657 Kt

Molybdenum

584 Kt

Tungsten (WO₃)

585 Kt

Copper

111 Kt

Bismuth

Plus inferred rhenium (130 t) and silver (396 t) credits.

JORC-compliant estimate as of 1 January 2025; technical NI 43-101 report in progress.