This Muslim nation hits massive JACKPOT, discovery of 10 Lakh Tonnes of rare earth metals, net worth of…, global market to…, not Pakistan, Iraq, Saudi, UAE, Iran

New Delhi: In a major development that promises to boost the country’s economy, Kazakhstan has uncovered its largest rare earth deposit to date. The deposit has been discovered in the Kuirektykol site within the Karaganda region.

Announced by the Ministry of Industry and Construction, the deposit is estimated to have resources of nearly one million tons of rare earth metals, a critical component for green energy technologies and modern electronics. The Kuirektykol site, situated 300 kilometers southeast of Astana in the Karkaraly district, features promising areas such as Irgiz and Dos.

Here are some of the key details:

  • Kazakhstan has uncovered its largest rare earth deposit to date.
  • The deposit is estimated to have resources of nearly one million tons of rare earth metals, a critical component for green energy technologies and modern electronics.
  • The Kuirektykol site, situated 300 kilometers southeast of Astana in the Karkaraly district, features promising areas such as Irgiz and Dos.
  • These zones exhibit rare earth element concentrations exceeding 0.1%, with some samples reaching up to 0.25%.
  • Preliminary assessments suggest the Irgiz area alone contains approximately 800,000 tons of rare earth metals, with an average content above 0.1%.
  • In addition to Kuirektykol’s reserves, the larger Zhana Kazakhstan strata-bound area is projected to hold over 20 million tons of rare earth metals at depths of up to 300 meters.
  • This deposit includes valuable elements like cerium, lanthanum, neodymium, and yttrium.

Rare earth metals play a crucial role in technologies like electric vehicles, wind turbines, and defense systems. Kazakhstan’s recent discovery comes at a time of rising global demand and heightened efforts by countries to reduce reliance on China, which currently dominates the mining and processing of these critical resources.

If verified and developed, these reserves could position Kazakhstan as a leading global supplier of rare earth metals. The discovery is likely to boost the country’s strategic relevance in global resource markets and advance its goal of becoming a major force in high-tech industries that depend on rare earth elements.

News