Tau-Ken Altyn, a refining plant in Astana and subsidiary of the national company Tau-Ken Samruk, is gearing up to broaden its range of processed raw materials and manufactured products. This announcement was made by Bakyt Chirchikbayev, the chairman of the board of Tau-Ken Samruk, during the MINEX-2024 forum. Chirchikbayev stated that the company is actively conducting research to expand both its processed raw materials and finished products, including catalyst recycling and the development of the jewelry sector. He highlighted the successful implementation of waste processing from the refining plant, leading to nearly zero-waste production.
In 2019, Kaysar Zhumagaliyev, the chairman of the Kazakhstan Jewelers Association, emphasized that the requirement to pay value-added tax (VAT) when purchasing refined gold from Tau-Ken Altyn led jewelers to prefer buying gold from pawnshops and informal miners.
Chirchikbayev also mentioned another intriguing project—a joint venture (laboratory) in Karaganda with the Australian company ALS. This venture aims to expand the company’s scope by offering its services to other companies, particularly subsidiaries of Tau-Ken Samruk.
