KAZ Minerals Management KAZ Minerals Management
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Assets
KAZ Minerals is the largest British copper mining asset in Kazakhstan.
Aktivs
KAZ Minerals from 2014 to 2023 increased production from 84,000 tons of copper per year to nearly 380,000 tons of copper by 2022.
Among the company's assets:
History
2022: Inability to service a $1.8 billion loan to VTB due to British sanctions against the bank
One of the largest copper producers in Kazakhstan, Kaz Minerals, which develops Baimskaya Square in Chukotka, has lost the opportunity to service a loan to VTB for $1.8 billion.
The state bank is on the SDN list, Great Britain and financial interaction with it is prohibited registered with Kaz Minerals. Kaz Minerals fears that this situation will lead to a default in the future, which creates uncertainty for its work in. Russia
2021: 13K workers
The company's production enterprises for 2021 are located in Kazakhstan and Kyrgyzstan, the company's staff - about 13,000 employees.
2017: Capitalisation £3.5bn
KAZ Minerals has a market capitalization of £3.5 billion ($4.4 billion) as of September 30, 2017.
2014: Sale of part of assets and reorganization
In 2014, the group sold a number of assets and completed a major reorganization, as a result of which it transformed into a copper mining company focused on the development of modern low-cost mining industries in Kazakhstan.
2005: Kazakhmys PLC registered to LSE
In October 2005, the company was listed on the London Stock Exchange as Kazakhmys PLC.
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