Washington locks in Kazakh tungsten supply and frames its C5+1 bet
The United States secures a tungsten joint venture in Kazakhstan and mining protocols in Uzbekistan, with financing envisaged from the Export-Import Bank of the United States and shipment routed via the Trans-Caspian corridor.
| Countries | Kazakhstan, États-Unis |
|---|---|
| Companies | Cove Capital, Denali Exploration Group, ReElement Technologies, Tau-Ken Samruk |
| Sector | Métaux critiques |
| Theme | Investissements & Transactions |
A joint venture between Cove Capital and Tau-Ken Samruk consolidates the adjacent Upper Kairakty and North Katpar tungsten deposits, designated strategic by the national mining authority. Published resources indicate 854,000 tonnes of tungsten trioxide (WO₃) across measured, indicated and inferred categories. The industrial plan targets 12,000 tonnes per year, roughly 15% of current mined supply. The scheme provides for local conversion into standardized intermediates prior to export to increase captured value.
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