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Akylbek Japarov gives start to development of titanomagnetite at Kyzyl-Ompol

Development of the largest titanomagnetite deposit Kyzyl-Ompol has begun in Issyk-Kul region. The press service of the Cabinet of Ministers of Kyrgyzstan reported.

The Chairman of the Cabinet of Ministers Akylbek Japarov attended the ceremonial laying of the capsule.

He noted that the extraction of titanomagnetite, which is used in medicine, aviation and astronautics, is beginning. This will give an impetus to the country’s economy, increase exports and create new jobs.

The head of the Cabinet emphasized that the development will be carried out in compliance with environmental standards, and elements such as uranium and thorium will be transported to a safe place that meets international standards.

He also visited the construction of a small hydropower station on Orto-Tokoi reservoir and expressed dissatisfaction with the delays in the repair of Balykchi-Barskoon road, instructing to speed up the work.

Recall, the President Sadyr Japarov signed the Law «On Amendments to Certain Legislative Acts (the Code of Offenses, the Law «On Subsoil») and invalidating the Law «On Prohibition of activities related to the geological study of subsoil for the purpose of prospecting, exploration and development of uranium, thorium deposits in the Kyrgyz Republic».

The bill was submitted to the Parliament in mid-May. The normative legal act was initiated by the Cabinet of Ministers.

In the spring of 2019, a number of rallies were held in Kyrgyzstan against the project on the development of Tash-Bulak uranium deposit in Issyk-Kul region. The result of numerous protests was the revocation of the uranium development license. Later, a law prohibiting the exploration and development of uranium and thorium deposits was passed in the country.

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