Cove Capital Portfolio Company Kaz Critical Minerals Commences Drilling Activities on its Critical Minerals Concessions in East Kazakhstan
This marks a significant milestone in its exploration endeavors and underscores the Company’s commitment to developing Kazakhstan’s rich critical minerals potential.
- This marks a significant milestone in its exploration endeavors and underscores the Company’s commitment to developing Kazakhstan’s rich critical minerals potential.
- This initiative demonstrates the potential for successful U.S. foreign direct investment in Kazakhstan’s rare earth and critical minerals sector,” said Pini Althaus, Chief Executive Officer of Kaz Resources LLC.
- Kazakhstan possesses significant mineral wealth, including 17 critical materials on the U.S. Department of Energy’s Critical Materials List .
- In 2023, Kaz Resources LLC (through its wholly-owned subsidiary Kaz Critical Minerals LLP), became the first U.S. company to receive critical minerals and rare earths land concessions in Kazakhstan.