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Aktogay
Our largest copper operation in Kazakhstan
Aktogay is the largest asset in the KAZ Minerals portfolio and one of the most significant copper operations in Central Asia. Located in the Abay region of Kazakhstan, it is a modern, low cost, open pit mine which benefits from two sulphide concentrators with a combined processing capacity of 50 Mtpa.
Key facts (2024)
229 kt
Copper production
$1,497m
EBITDA
117 USc/lb
Net cash costs
c.20 years
Mine life
$3.2 billion
Capital construction costs
At-a-glance
Open-pit mine with a mine life extending into the 2040s
Produces copper concentrate (sulphide) and cathode (oxide)
Located in eastern Kazakhstan, near the Chinese border
Fully integrated with its own concentrators and support facilities
Strategic advantages
Growing output to meet global demand
Following the completion of the Aktogay expansion project in 2021, production capacity has more than doubled. The site now benefits from two sulphide concentrators, significantly increasing ore processing capacity.
Low operating costs and economies of scale
Favorable geology and a low strip ratio
Proximity to China, the major copper-consuming market
Sustainable and responsible mining in practice
Protecting the environment and ensuring the safety of our workforce are fundamental to how we operate. Our strategy and license to operate are built around strong commitments to environmental, social, and governance (ESG) principles.
