
According to me-metals cited from mining.com, Kazakhstan does not currently feature in the U.S. Geological Survey’s list of countries by rare earth metal deposits. If confirmed, the deposit would place Kazakhstan behind only China and Brazil by size of reserves.
In a statement on Telegram, the ministry said that the Zhana Kazakhstan site, which is 420 km (261 miles) from the country’s capital, contained neodymium, cerium, lanthanum and yttrium, and that its average rare earth metal content is 700 grams per ton.
It did not specify which companies may develop the site, or when.
source: mining.com