Kazakhmys Kazakhmys

Kazakhmys plc (pronounced Kazakhmys) is a Kazakhstani mining and metallurgical company. The company is headquartered in London and Alma-Ata.

The founding date dates back to 1930, when copper production began in the area of ​ ​ Lake Balkhash. In 1992, it was privatized by oligarchs and incorporated under the name "Dzhezkazgantsvetmet." In October 2005, it entered the London Stock Exchange.

Kazakhmys is a mining company registered in the UK with the main activities carried out in Kazakhstan and in nearby regions. The main activity of the company is the extraction and sale of copper. Kazakhmys is a fully integrated company, whose activities cover all stages from ore mining to commodity metal production. The copper unit also produces large volumes of other metals as associated products such as zinc, silver and gold.

Owners and Management

Shareholders of the company as of March 4, 2008 - Chairman of the Board of Directors Kim Vladimir Sergeevich (45.76% of the shares), Executive Director Novachuk Oleg Nikolaevich (6.53%) ^[1] 14.99% of Kazakhmys plc belongs to Sovereign Wealth Fund Samruk-Kazyna 'JSC.

Chairman of the Board of Directors of Kazakhmys Plc Vladimir Kim also has an option to buy a 25% stake in ENRC Kazakhstan Holding BV.

The board of directors of the corporation includes Bolat Nazarbayev - brother of the President of Kazakhstan Nursultan Nazarbayev.^[2]

Performance indicators

In 2007, ore production amounted to 33.968 million tons, copper production in concentrate - 347,900 tons. In 2006, the company produced 407 thousand tons of cathode copper, 28.5 thousand tons of copper rod, 129.1 thousand tons of zinc in concentrate, 59.5 thousand tons of metallic zinc, 21.57 thousand ounces of silver, 165.5 thousand ounces of gold.^[3]

Revenue for the 2007 year amounted to $5.26 billion, net profit - $1.4 billion.^[1]

Assets

Copper ore reserves owned by the company amounted to 2007: proven - 700 million tons, probable - 2 billion tons.

Structure

The main subsidiary of Kazakhmys Plc - Corporation Kazakhmys LLP - has 19 open pits and underground mines and 2 metallurgical and refining plants in Kazakhstan.^[3]

Kazakhmys Plc also owns a significant part of the railway network in Kazakhstan and MKM, which produces copper products in Germany.

Kazakhmys Gold (subsidiary of Kazakhmys Plc)

Information technology in Kazakhmys

2019-2020

The main directions of Information Technology transformation are:

Information Technology Management:

• a new management structure based on a new operating model;
• a process approach;
• Standardization and unification

Develop and implement a new IT architecture:

• IT solutions are developed based on business process descriptions;
• Process management of the enterprise IT architecture
• data architecture.

Upgrading your IT infrastructure:

• a single data network;
• New infrastructure for new centralized business systems
• information security.

Single Holding Management Platform

• The implementation of a single management platform for the holding is an integral task of the Industry 4.0 direction in the holding. The illustration shows a sample of the further development of the platform. In the future, the platform may become a platform for interaction of production information telecommunications, integration of specialized departments of the company.
• The Electronic Document Management System (KazDocuments) has been implemented and is in operation. The remaining directions will be the basis for the development of digitalization at the company's enterprises, which will solve the tasks of safety and labor protection, consolidation of technological data, organization of a single system of dashboards, etc.

• More than 150 business processes in a single system;
• More than 120 reports and forms;
• Individual dashboards;
• Working in a mobile application;
• Integration with Human Resources
• risk counterparty verification system, telephone directory, etc.

Notes