Facts & figures
With over 20 years of reserves, Kazakhmys is the largest copper producer in Kazakhstan and 11th largest in the world. We are also the largest power provider in Kazakhstan, managing over 20% of the country's domestic supply.
For further information about our facts as at June 2011, download our latest fact sheet PDF
Summary
- Kazakhmys is a leading international natural resources company included in the UK's FTSE 100 Index.
- Our principal operations are in Kazakhstan and the surrounding region.
- Our core business is mining, producing and selling copper.
- We operate a fully integrated process that manages everything from mining to production, resulting in flexible services and low production costs.
- Our copper division produces significant volumes of other metals as by-products, including zinc, silver and gold.
- In 2010, group revenues increased 35% to $3,237 million. We produced 303 kt of copper cathode from our own material, 167 kt of zinc in concentrate, 14,093 koz of silver, and 127 koz of gold.
- As at 31 December 2010, the market value of Kazakhmys was $13.4 billion.
Operations
Kazakhmys is one of the world's few fully integrated copper producers, from ore through to finished metal. Our main operations encompass mining and concentrating, smelting and refining, captive power, support services and commercial power.
Corporate strategy
- To optimise existing mines and improve efficiency in all our operations.
- To deliver major growth projects. These include Bozshakol, Aktogay, various mid-sized mine developments, new concentrators and concentrator upgrades.
- To diversify and create value, principally in Central Asia. This involves actively seeking and acquiring attractive undeveloped natural resource assets.
Corporate responsibility
Kazakhmys runs the largest social investment programme in Kazakhstan. We invest in:
- infrastructure, including constructing and maintaining schools, hospitals and roads for communities near mines
- education, including opening a boarding school in Astana and a technical college in Balkhash during 2009, and a second employee training centre in 2010
- cultural preservation initiatives through sponsorships and charitable donations.
Our environmental initiatives include:
- new emissions-reducing technology at Ekibastuz GRES-1 – Kazakhstan's largest power plant
- halving sulphur dioxide (SO²) emissions through a sulphuric acid plant in Balkhash.
Executive Directors
- Vladimir Kim, Chairman
- Oleg Novachuk, Chief Executive Officer
- Eduard Ogay, Chief Executive Officer, Kazakhmys LLC
Non-Executive Directors
- Lord Renwick of Clifton, KCMG
- Philip Aiken
- Simon Heale
- Daulet Yergozhin
- Clinton Dines
- Charles Watson