China Nonferrous Mining Corporation Limited plans to invest $600 million in copper mining at the Benkala mine in the Aktobe region, Kazakhstan, according to economist Arman Batayev, who runs Finmentor.kz Telegram channel.
A subsidiary of the state-owned China Nonferrous Metal Mining Group announced at a year-end briefing that it views the Benkala project as one of its key projects outside Africa. In December 2025, the enterprise increased its stake in SM Minerals Ltd. to 70%. The company registered with the Astana International Financial Centre that holds rights to mining and geological exploration...