Group 1 - China Nonferrous Mining announced the acquisition of 64,700 shares of SM Minerals for $89 million, increasing its stake to 70% [1] - The core project of SM Minerals is the Bonkar project in Kazakhstan's Aktobe province, covering an area of 34.3 square kilometers, with a resource of 384 million tons of ore and 1.58 million tons of copper [3] - The project is expected to have a processing capacity of 14 million tons per year, with an estimated annual production of 45,000 tons of copper concentrate starting in 2029 [3] Group 2 - Kazakhstan is rich in mineral resources, holding approximately 25% of the world's uranium, 16% of chromium, and 28.5% of tungsten, making it a strategic location for international mining capital [5] - Glencore and Rusal are key international players in Kazakhstan's mining sector, with significant production capacities in zinc and aluminum [5] - The geopolitical landscape surrounding Kazakhstan is becoming increasingly complex, with major powers vying for control over strategic resources such as gold, copper, rare earths, lithium, and cobalt [8]
布局中亚,中国有色8900万美元买铜矿!