Company News: Tau Ken Samruk
Updated: 27 Apr 2010
Tau Ken Samruk is the holding company for the Kazakh government’s stakes in some of the country’s largest metals and mining companies.
Kazakhstan mining witnessed widespread technological upgrades in recent years. This was further fuelled in recent years by spiralling international metal prices, rapidly expanding demand from China and India, and streamlined procedures for obtaining permits and foreign investment. The country’s current reserve of copper is estimated at 36mn tonnes. Further, it ranks second globally in manganese ore reserve, estimated at 600mn tonnes. Kazakhstan also hosts 30% of the worldwide chromite ore deposits, as well as 95% of the total chromium reserves within the Commonwealth of Independent States (CIS).
- Kazakhstan
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