Kazakhmys

Infobox Company
company_name = Kazakhmys plc
company_
company_type = Public (lse|KAZ)
foundation =1930
location = London, England, UK
key_people = Vladimir Kim, Chairman
Oleg Novachuk, CEO
industry = Mining
products = Copper, Zinc, Silver, Gold.
revenue = $5,257 million (2007)
operating_income = $2,048 million (2007)
net_income = $1,427 million (2007)
num_employees = 63,048 (2005)
parent =
subsid =
homepage = [http://www.kazakhmys.com www.kazakhmys.com]
footnotes =

Kazakhmys Plc (LSE|KAZ) is a UK-registered copper mining company whose main assets are located in Kazakhstan. Its headquarters are in London, United Kingdom. The headquarters of its main subsidiary, Kazakhmys Corporation, are in Zhezkazgan, Kazakhstan. In October 2005 the company listed on the London Stock Exchange with an opening market capitalisation of £2.6 billion, making a billionaire of its main shareholder, Vladimir Kim.

History

The company's origins date back to 1930 when operations began at the Balkhash copper smelting complex in Kazakhstan. [http://www.kazakhmys.com/history.asp Kazakhmys History] ] The Company was first listed on the London Stock Exchange in 2005. In 2008 the Company increased its holding in Eurasian Natural Resources Corporation to 22%. [ [http://ibtimes.co.uk/articles/20080610/kazakmys-eurasian-natural-resources-stake.htm Kazakhmys not planning takeover of Eurasian] International Business Times, June 2008]

Operations

The main operations are in Kazakhstan but the Company has a German subsidiary called Mansfelder Kupfer & Messing ('MKM'), a semi-product producer of long standing. [ [http://bankrupt.com/TCREUR_Public/051006.mbx Troubled Company Reporter] ]

References

External links

* [http://www.kazakhmys.com/ Official site]
* [http://www.mkm-hett.de/ MKM's official site]