KAZ Minerals Smelting - Copper Smelter in Abay Region

Project Name: KAZ Minerals Smelting Copper Smelter in Abay Region

Project Description: KAZ Minerals Smelting, a subsidiary of KAZ Minerals, has entered into an agreement with China Nonferrous Metal Industry’s Foreign Engineering and Construction Co., Ltd. (NFC) and NFC Kazakhstan to construct a copper smelting plant near Aqtogay village in the Abay Region. The facility is designed to process copper concentrate from the Bozshakol and Aktogay mining and processing plants, as well as from the processing plants of LLP "Vostoktsvetmet". The plant will have an annual production capacity of 300,000 tonnes of copper, making it the largest copper smelting operation in Kazakhstan.

Expected Start Date: 2024

Expected End Date: 2028

Investment Volume: Approximately $1.5 billion

Location: Near Aqtogay village, Abay Region, Kazakhstan

Investor / Customer:

• KAZ Minerals Smelting LLP

  • Address: 8th floor, Business Center "Almaty Towers", 280 Baizakov Street, Almaty, Kazakhstan

  • Phone: +7 (727) 244 03 53

  • Email: info@kazminerals.com

  • Website: kazminerals.com

Key People:

• Oleg Novachuk, Chairman of the Board of Directors

• Andrew Southam, Chief Executive Officer