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| Jiangxi Copper |
The Boguty tungsten mine will start mass production in the third quarter of 2025. The Boguty tungsten mine is a JV between Jiangxi Copper and Jiaxin. It began initial output in November 2024 and now advances to commercial scale. Annual 2025 output targets 5,979 tonnes of tungsten concentrate.
Capacity, timeline, and ramp
Boguty’s concentrator will process 3.3 million tonnes of ore per year. The expansion project begins in early 2027 and lifts capacity to 4.95 million tonnes. Production is scheduled to rise to 13,216 tonnes of concentrate by 2028. Therefore, throughput growth underpins steady grade and recovery optimization.
Supply impact and market context
Boguty increases Kazakhstan’s role in global tungsten concentrate supply. China produced 127,000 tonnes in 2024, slightly lower year on year. As a result, fresh non-Chinese volumes improve resilience and diversification. The Boguty tungsten mine could ease shortages as high-grade reserves decline elsewhere.
The Metalnomist Commentary
Boguty’s staged ramp pairs pragmatic capex with meaningful market impact. Watch recovery factors, strip ratios, and reagent costs as volumes build. Offtake visibility and logistics from Kazakhstan will shape realized premiums.
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