President Kassym-Jomart Tokayev received Robert Friedland,
Executive Co-Chairman of the board of directors of Ivanhoe Mines Ltd. The Head
of State was briefed on the start of large-scale geological exploration in the
Chu-Sarysu copper basin. The company has allocated $18.7 million for subsoil
exploration at this site, with plans to increase investments to $115 million
over the next four years. Robert Friedland also noted that the project will
employ advanced airborne geophysical technologies and digital data analysis.
During the meeting, the parties discussed prospects for cooperation in the
extraction and processing of metals.
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