KAZ Minerals is a high growth copper company focused on large scale, low cost, open pit mining in Kazakhstan and the CIS region. It operates the Aktogay and Bozshakol open pit copper mines in the Abay and Pavlodar regions of Kazakhstan, three underground mines and associated concentrators in the East Region of Kazakhstan and the Bozymchak copper-gold mine in Kyrgyzstan.
In 2024, KAZ Minerals’ total copper production was 380 kt with by-products of 146 koz of gold, 3,728 koz of silver and 43 kt of zinc in concentrate. The Group’s major operations at Aktogay and Bozshakol have delivered industry leading production growth and transformed KAZ Minerals into a company dominated by world class, open pit copper mines. The Aktogay expansion project to double sulphide processing capacity at the mine was officially opened in October 2021, with first shipments to customers dispatched in December 2021. KAZ Minerals employs over 14,000 people across Kazakhstan and the CIS region.
National Export and Investment Agency “KAZNEX INVEST” JSC (hereinafter –“KAZNEX INVEST’’ JSC) of the Ministry of Industry and New Technologies of the Republic of Kazakhstan is one of the national development institutions and is intended to help the diversification of national economy by creating more favorable conditions for development and promotion of Kazakhstan non-raw sector export and attraction of foreign investments to priority sectors of the economy.
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