Glencore Plc has abandoned plans to sell its share in Kazzinc, having not received an adequate offer. Glencore intended to leave the business where it owned 70% of shares with the Chinese companies demonstrating interest. In 2023, Kazzinc produced 173.9 thousand tons of zinc, 35.6 thousand tons of lead, 14.8 thousand tons of copper and…
In January-March, Kazzinc decreased zinc output from own resources by 5% YoY, to 34.3 thousand tons. The group produced 24.9 thousand tons of zinc metal and 9.4 thousand tons of zinc concentrate. Taking into account the third party raw materials, zinc manufacture dropped by 11%, to 63.5 thousand tons. Manufacture of lead from own resources…
In January-July, Kazakhmys and Kazzinc decreased copper output by 11%, lead – by 18% and zinc – by 6% YoY. Copper wire rod manufacture dropped by 7% and gold – by 3%. At the same time, production of gold in ingots went up by 12%, copper cathodes – by 30% and silver in granules –…
Nursultan Nazarbayev met with Chief Executive Officer of Glencore International AG Ivan Glasenberg and thanked the company for the contribution to the development of Kazakhstan’s mining industry. The First President of Kazakhstan noted efficient work of Kazzinc LLP, the general investor in which was Glencore International AG. He stressed that Kazzinc took an active part…
The first batch of polymetallic ore from the Uzynzhal deposit in Karaganda region has been sent for processing at the Altai works of Kazzinc via railroad. The deposit is being developed by Zhairem Mining and Processing Works. (Ukrainian metal)
The first pilot processing was carried out in spring of 2017. In a year the specialists of the Ridder Mining and Processing Works have mastered the technique to obtain concentrate from the Dolinnoye deposits ore. Since then the factory has assembled a Knelson centrifugal concentrator. The volumes of ore processing are expected to increase each…
A unique train loaded with zinc and copper departed from Novo-Ust-Kamenogorsk. 114 loaded rail cars are headed to the port of Novorossiisk and from there will continue their way to Turkey, Spain, Italy and other foreign countries. “Delivery is a hot topic for Kazakhstani producers, which are geographically remote from the major transport hubs,” Head…
This year KazZinc intends to produce 320 thousand tons of zinc. “Our capacity is 295 thousand tons, but we produce 302-305 thousand tons. This year we believe we could produce 320 thousand tons, by slightly adjusting the technology”, the company CEO Alexander Khmelev said. In 2016 KazZinc produced 305.5 thousand tons of zinc, thus this…
