Latest Kazakhstan News

Fortescue Ltd delivered a record 201.3 million tonnes of iron ore in FY26, alongside a 3% rise in underlying net profit after tax to US$3.47 billion, despite a significant $750 million impairment charge on its Iron Bridge asset. The miner declared a fully franked final dividend of A$0.46 per share and continues to advance its ambitious decarbonisation and growth agenda.

Lindian Resources confirms Kangankunde Rare Earths Project remains on track for first production in late 2026, with concurrent progress across construction, mining, and operational readiness. The company is expanding its operational footprint internationally and strengthening its team to support the transition from construction to production.

Sarytogan Graphite Limited has revealed promising copper porphyry mineralisation at its Ilksan prospect in Kazakhstan, intersecting 229 metres at 0.14% copper including higher-grade zones. The results suggest proximity to a high-grade deposit, with further drill results pending.

Lindian Resources has acquired 100% ownership of the SARECO rare earths processing plant in Kazakhstan, accelerating its downstream ambitions, while also clarifying regulatory compliance and licence validity at its Kangankunde project in Malawi.

Cygnus Metals has lodged its draft scheme booklet with ASIC, moving closer to a planned acquisition by Central Asia Metals. Regulatory approvals in North Macedonia are complete, with Kazakhstan clearance still pending.

Daly Resources is aggressively advancing exploration across its 6,451 km² Northern Territory portfolio, highlighting ultra-high-grade fluorite at Huckitta and promising sediment-hosted copper-zinc targets with government-backed geophysical surveys underway.

Prominence Energy has validated elevated helium and natural hydrogen levels in South Australia, backed by independent lab and satellite data, while securing $1.56 million to fund its next exploration phase targeting mid-2027 drilling.

Jupiter Energy maintained steady oil production and reported US$2.18 million in domestic sales for Q2 2026, with all output sold to Kazakh refineries and no exports during the quarter.

Lindian Resources has secured independent validation from ANSTO of a complete hydrometallurgical flowsheet for its Kangankunde monazite concentrate, achieving near-complete NdPr extraction and producing a non-radioactive mixed rare earth carbonate product ready for commercial processing.

Lindian Resources has terminated its monazite concentrate sales agreement with Gerald Metals, issuing 20 million shares as part of the deal and reclaiming full control over its Kangankunde Rare Earths Project sales strategy.

TruScreen Group reported a 42% increase in FY2026 sales driven by new market entries including India and Indonesia, alongside launching a large-scale cervical cancer screening program in Vietnam and submitting major UNITAID proposals.

Laramide Resources posted a CAD 1.13 million net loss for Q1 2026, reflecting ongoing exploration costs and a one-off loss from exiting its Kazakhstan asset. The company’s mineral property base expanded to CAD 118.7 million, driven by Australian and US projects.