Baku, Azerbaijan, Oct. 28
By Nigar Guliyeva - Trend:
Kazakh company "Tau-Ken Altyn" plans to reach the design capacity of 25 tons of refined gold a year in 2019.
"In 2017, the plant signed contracts for the supply of gold-bearing raw materials with 44 mining enterprises of Kazakhstan. For the next year, the company signed about 40 and it is planned to produce 20 tons and in 2019-2020 reach the designed capacity of 25 tons of refined gold per year," said Askar Tleulin, the deputy director at "Tau-Ken Altyn", the press center of Astana akimat (State government office) said in a message.
Tleulin further noted that the plant's capacity allows producing even more valuable products.
"The technology of the plant is developed in accordance with international innovative methods of refining precious metals that do not have analogs in the CIS and are not inferior to world leaders. This also allows to compete in terms of the price of processing gold-bearing raw materials with the leading enterprises of the CIS," Tleulin explained.
Over four years of operations, the plant sold more than 45 tons of refined gold to the National Bank.
The plant has the opportunity to sell gold and in the form of pellets to jewelers. Since early 2017, over 35 kg of refined gold were sold to jewelry companies of Kazakhstan.
From the very first days of the plant's start-up, the main suppliers of gold-bearing raw materials are Kazakh subsoil users, such companies as JSC Altynalmas, MMC Kazakhaltyn, MMC Altyn MM, Altyn Kokshetau and others.
The raw materials for refining are alloy dore, schlich and cathode gold, as well as scrap metal.
"Tau-Ken Altyn" is a 100% subsidiary of the state mining concern "Tau-Ken Samruk". The company, launched in 2013, has a refinery in Astana with a capacity of 25 tons of gold and 50 tons of silver per year.