The Fund’s portfolio company, Tau-Ken Samruk, together with Cove Capital, plans to develop high-tech production of deep-processing tungsten products based on the Severniy Katpar and Verkhneye Kairakty deposits.

On November 6, 2025, they signed an agreement on joint field development, and on February 13, 2026 - a purchase and sale agreement and a Founding Agreement.

During the meeting, the participants discussed the current status and prospects of the project and noted the progress made. It was underlined that the signing of the package of documents allows moving on to the practical implementation phase.

The implementation of the project will make a significant contribution to the development of the domestic mining industry.

Cove Capital was founded in 2015. Cove invests in renewable energy, and mining.