The deposit of tin and tungsten in Aksu region will be developed by Chinese company
Bishkek, July 25 / Kabar /. The Kyrgyz Government took a decision to give on rent a land plot with total area of 75 hectares, located in Ak-Suu region to Central Asia Tin Company LLC for development of tin and tungsten on Trudovoye deposit.
Central Asia Tin Company will develop the central part of the Trudovoye deposit on the basis of license issued by the State Agency for Geology and Mineral Resources of the KR dated December 12, 2008.
The Kyrgyz Government also instructed the Ak-Suu regional state administration to conclude agreement with Central Asia Tin Company on monthly transfer of at least 1 percent of gross revenue for the development of Ak-Suu region and to establish a development fund of the region.
