Guidance

Growth Gateway: Investment opportunities in Kyrgyzstan – Kalesay, Kutessay II and North Aktash

Three investment-ready critical-mineral projects in Kyrgyzstan, for beryllium, rare earth elements, and antimony, fluorite and gold, offer strong economic opportunities.

• From: Foreign, Commonwealth & Development Office and Department for Business and Trade
• Published: 20 April 2026

Documents

Investment opportunites in Kyrgyzstan: Kalesay, Kutessay II and North Aktash (summary)

HTML

Investment opportunity in Kyrgyzstan: beryllium, Kalesay

PDF, 2.17 MB, 16 pages

Investment opportunity in Kyrgyzstan: rare earth elements, Kutessay II

PDF, 3.6 MB, 16 pages

Investment opportunity in Kyrgyzstan: antimony, fluorite and gold, North Aktash

PDF, 1.97 MB, 16 pages

Details

These 3 investment notes covers opportunities for beryllium in Kalesay, rare earth elements in Kutessay II, and antimony, gold and fluorite in North Aktash.

All 3 licences sit with the state enterprise Kyrgyzgeology under a January 2024 Presidential Decree. The document gives a history of each project, a geological overview of the deposits, a mineralogical overview of each ore, the proposed processing flow, and an overview of nearby infrastructure.

Indicative business cases show potential returns of 22% for Kalesay, 10% for Kutessay II and 36% for North Aktash.

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Published 20 April 2026