Cove Kaz Capital Group LLC (“Cove Kaz” or “the Company”), today announced the appointment of Dominic Heaton as Chief Executive Officer. Mr Heaton will lead Cove Kaz’s (70% ownership) development program for the Severniy Katpar tungsten project in partnership with Kazakhstan’s national mining company JSC Tau-Ken Samruk (30%), taking the venture through final feasibility, permitting, first production and ramp-up.
The appointment comes at a critical inflection point as the Cove Kaz/Tau-Ken Samruk joint venture progresses into the Bankable Feasibility phase on Severniy Katpar LLP’s Northern Katpar and Upper Kairakty projects, the largest known undeveloped tungsten resource in the world.
Mr. Heaton led the team that built the Nui Phao integrated tungsten mine and refinery in Vietnam – the largest tungsten operation currently in production outside China.
Executive Chairman’s comment
“On behalf of the board, I am delighted to welcome Dominic Heaton as CEO of Cove Kaz,” said Pini Althaus, Executive Chairman of Cove Kaz Capital Group. “Dominic brings the deep operational experience, commercial discipline, and leadership capability we need as we move forward. His appointment reinforces our commitment not only to delivering value for our shareholders and partners, but also to contributing meaningfully to the U.S. Government’s critical minerals strategy, through bringing experience into Kazakhstan to help build the industry. This project is strategically important to both the U.S. and Kazakhstan, and having Dominic at the helm gives us confidence in building a world-class business that supports a secure and sustainable supply of tungsten for the United States. The magnitude of Dominic’s experience matches the scale and significance of this tungsten resource.”
Dominic Heaton, incoming CEO
“I am honored to be appointed CEO of Cove Kaz at such a pivotal moment,” said Dominic Heaton. “More than just a project, Severniy Katpar represents a platform to build a high-performance company and world-class team — one that can responsibly unlock these critical minerals in partnership with Tau-Ken Samruk. In the coming months, I will prioritize assembling a cross-functional team, accelerating the Bankable Feasibility Studies, and laying the foundation for disciplined, long-term growth. Together, we will deliver on both commercial and sustainability goals, scaling the organization to meet the challenges and opportunities ahead.”
