Condor Energies, a Canada-based energy transition company, has been awarded its second critical minerals mining license in Kazakhstan. The Kolkuduk License, granted by the country's mining ministry, covers 6,800 hectares and allows for solid mineral exploration for six years.
The new license is near Condor’s existing 37,300-hectare Sayakbay critical minerals license. Both sites are in a geothermally active region, with high potential for mineralized brines. The licenses are strategically located between Europe and China, offering direct access to key critical minerals markets.
Historical exploration in the Kolkuduk region revealed brine deposits containing lithium concentrations of up to 130 milligrams per liter, as reported by Kazakhstan’s Ministry of Geology. Other critical minerals identified include rubidium, strontium, and cesium.
“Condor’s focus on developing critical minerals in Kazakhstan aligns with global efforts to establish secure and sustainable supply chains. Kazakhstan is among the key countries identified as strategic for these initiatives,” Condor’s President and CEO, Don Streu stated.
The company’s growing critical minerals portfolio complements its existing energy projects, including natural gas production in Uzbekistan and a liquefied natural gas (LNG) transportation fuel business in Kazakhstan. Streu emphasized that these initiatives will provide stable and sustainable energy and mineral supplies to the Central Asian region while generating multiple revenue streams.
Condor noted that further drilling and testing are required to classify the historical lithium estimates as current mineral resources. The company continues to assess the site’s commercial viability.
Condor Energies is a TSX-listed energy transition company focused on energy security and sustainability in Central Asia. Its key initiatives include natural gas production enhancement in Uzbekistan, Kazakhstan’s first LNG facility, and critical minerals development from brines. The company aims to expand its resource base while minimizing environmental impact.
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