Kyrgyzstan Discusses Potential Growth of Iron Ore Reserves
Bishkek – 24.kg news agency
By Ilya PETCHENKO
Deputy Minister of Economy of the Kyrgyz Republic, Sanzhar Bolotov, highlighted the country’s investment potential in the field of mineral extraction at the recent business forum on trade and economic cooperation between China (Shaanxi) and Kyrgyzstan. The Ministry of Economy of the Kyrgyz Republic shared the insights from the event.
Kyrgyzstan boasts significant reserves of various raw materials, making it an attractive destination for foreign investors. Bolotov emphasized the potential for iron mining, with current reserves estimated at around 5.5 billion tons of ore.
Furthermore, Bolotov mentioned the presence of substantial deposits of titanium (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. He also highlighted the reserves of tungsten and uranium, which could serve as a foundation for new production capacities.
With over 100 types of raw materials, including fuel and energy resources (approximately 1.3 billion tons), Kyrgyzstan presents vast opportunities for international investors and the development of the mining industry. The country’s rich resource base positions it as a promising investment destination in the mineral extraction sector.
