Kyrgyzstan holds significant reserves of various raw materials, making the country attractive to foreign investors, said Sanjar Bolotov, Deputy Minister of Economy of Kyrgyzstan, at the China-Kyrgyzstan trade and economic cooperation business forum, reports 24.kg.
Bolotov provided detailed information on Kyrgyzstan's investment potential in the mining sector.
"In addition, there is potential for organizing iron ore extraction, with current reserves estimated at about 5.5 billion tons in ore form," he noted.
Sanjar Bolotov also highlighted large deposits of titanium (approximately 265.7 million tons), gold (over 616 tons), copper (more than 2 million tons), mercury (around 10 million tons), antimony, rare earth metals, tin, and silicon. Special attention was given to reserves of tungsten and uranium, which could also become the basis for new production facilities.
Kyrgyzstan has over 100 types of raw materials, including fuel and energy resources (around 1.3 billion tons), offering broad prospects for attracting international investors and developing the mining industry, the official stated.
Until now, Kyrgyzstan has mainly extracted gold, antimony, and coal, most of which is exported. In 2021, more than 173,996 tons of various ores and metal concentrates were exported from Kyrgyzstan for processing.
CentralasianLIGHT.org
September 20, 2024