The iron ore deposit at Lisakovsk, North Kazakhstan, is a limonitic one of oolitic type and the major iron minerals are goethite and about 0.5 % magnetite. The gangue minerals are predominantly quartz and clay like minerals such as carbonates, chlorite and other aluminosilicates as reported in a comparative study by Kosava et all. The phosphorus content in the iron concentrate is about 0.6 – 0.8 % and the studies has shown that it is not represented as separable from iron minerals species.

The iron mineralization at Lisakovsk occurs as oolite containing mainly hygogoethite and goethite. The phosphorous content in the mineralization limits its utilization in the steel-making process.

Lisakovsk is an open pit operation located in northwest Kazakhstan about 1,100 kilometers from Temirtau, with production of 1.0 million tonnes of concentrate in 2020.

The production process comprises crushing, screening, grinding, wet jigging and wet magnetic separation.