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Category Archives: Zhayrem Mining and Processing Works

Kazakhstan: new Glencore GOK to start operating in 2020

Zhairem Mining and Processing Works, Zhayrem Mining and Processing WorksBy admin18.12.2017Leave a comment

In 2020 Glencore plans to commission the Zhairem Mining and Processing Works with the capacity of 160 thousand tons of zinc per year. This asset will replace the Maleevsky and Tishinsky mines, the operation of which will be stopped in 2023. Glencore expects the demand for zinc on world markets to grow in the next…

Kazakhstan: Zhayrem GOK net profits down in 2016

Zhayrem Mining and Processing WorksBy admin08.06.2017Leave a comment

In 2016 Zhayrem Mining and Processing Works received 6.1 billion tenge of net profits, down 1.9-fold YoY. The company EBITDA dropped by 27.3%, to 7.28 billion tenge, while gross profit increased 6.4-fold, to 11.2 billion tenge. Its assets increased by 7.7%, to 30.7 billion tenge, while liabilities dropped by 29%, to 6.3 billion tenge. Zhayrem…

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