Development of the Alaigyr lead-silver deposit

Source: Kazakh Invest

  • Indicator Results
  • Investment amount, thousand US dollars 177 962
  • NPV of the Project thousand, US dollars 49 002
  • IRR, % 19,9%
  • IBITDA yield, % 43%
  • Payback period, years 7,3
  • Discounted payback period, years - - 12,5

Project Description

This investment project provides for the development of the Alaigyr lead-silver deposit. The implementation of this Project will allow developing a technologically advanced sub-sector of non-ferrous metallurgy and will contribute to the substitution of imports of polymetallic ore processing products.


Concentrate containing:

  • Lead – about 30 thousand tons per year
  • Silver – about 13 thousand kg per year

Sales market:

internal market, Kazzinc LLP

Market prerequisites

Growing demand.

According to the data of the analytical agency International Lead and Zinc Study Group, the volume of global lead consumption in 2019 amounted to 12,174 thousand tons, which is 8% more than in 2015. Global silver consumption amounted to 992 million ounces in 2019, which is 3% more than in 2017. Thus, the demand for lead and silver shows a historical growth.

An experienced team

The Company’s management team has a successful experience in implementing similar projects in the mining and metallurgical sector.

Import substitution.

Despite the observed steady growth in the production of lead and lead ores over the past few years, Kazakhstan imports lead ores and concentrates. In 2020, the total volume of imported lead ore amounted to 132 thousand tons.