Kazakhmys plc (the "Company") is an international business with bases in Kazakhstan, Germany and the UK. Our principal business is the mining, processing, smelting, refining and sale of copper and copper products, including cathodes and rods. As by-products the Company together with its subsidiaries in Kazakhstan and Germany ("the Group") also processes, refines and sells zinc, gold and silver. We are the tenth largest refined copper producer and the tenth largest mined copper producer in the world based on 2004 production.
We are the largest producer of copper in Kazakhstan operating open pit and underground mines and smelting and refining complexes across the region through our sites in Zhezkazgan, Balkhash, and the East Region complexes. Our power plants and coal mines provide vital energy sources for these operations.
The Companys 2004 profits were $441.3 million on a turnover of some $1.3 billion. Our strategy is to provide a strong and stable platform for future growth and our strong cashflow and low debt position means we are well-placed to improve the efficiency of our current businesses, develop further growth opportunities and create value for our shareholders.
|