ENRC
ENRC to be added to FTSEurofirst 300
(SRI) - Index compiler FTSE Group on Thursday that London-listed ENRC is to be added to the FTSEurofirst 300 index after the latest quarterly review along with three other stocks. All the changes will take effect after the close of business on 19 September.
EU postpones anti-dumping duty on ferroalloy imports from Kazakhstan
(SRI) - The Europen Unoion has extended the suspension of imposing anti-dumping duty on imports of silicomanganese originating in China and Kazakhstan, Bloomberg reported on Thursday.
Kazakhmys issued new shares
(SRI) - Kazakh London-based copper producer Kazakhmys Plc has issued 80,286,050 new shares to be given to the Kazakh government in exchange for its share in Eurasian Natural Resources Corporation Plc (ENRC), the company said in a statement on Thursday, Interfax reported.
ANALYSIS: Kazakh rail on track for private money
Private sector involvement in the development of the infrastructure sector is a key objective for the Kazakh government in its quest to create a network of roads and reilways and become an important link in the transfer of goods and resources between China and Europe.
Kazakhstan Mineral Resources Roundup - July 7, 2008
ENRC happy with Q3 ferrochrome price rise (Reuters - Forbes)
Kazakhstan Mineral Resources Roundup - July 2, 2008
ArcelorMittal launches new Kazakh steel facility
(Reuters) - The world’s largest steelmaker ArcelorMittal on Tuesday launched a new steel rolling facility at its Kazakh plant and said it would invest $7 billion in the country by 2013.
ArcelorMittal: Steel giant takes ambitious step into the future
(Financial Times) - Few other jobs in the global steel industry are as challenging as the one facing Frank Pannier, the newly appointed chief executive of the Kazakhstan operations of ArcelorMittal, the world’s biggest steel maker.
Mining groups battle to come out on top
Kazakhstan is one of the best-endowed countries in the world for natural resources. As well as abundant reserves of oil and gas, the country is a major producer of uranium, copper, chromium, lead, zinc, manganese, coal, iron ore and gold, and is said to host 95 per cent of the periodic table of elements.
ENRC’s lays out plans for life after Kazakhmys
Just three months after listing on the London Stock Exchange and buoyed by declining global metal production, which has caused demand and consequently prices for its products to soar, Kazakhstan’s largest listed company ENRC shot into the FTSE 100 index.
ENRC sells bulk of its aluminum and iron ore production to Russia
Kazakh miner Eurasian Natural Resources Corporation (ENRC) sells the bulk of its alumina to United Company RUSAL (UC RUSAL), the Russian aluminum giant, Kazakhmys plc, the copper corporation that owns 14.59% of ENRC, said in a prospectus.
Kazakh miner ENRC against Kazakhmys board seat
Kazakh mining group ENRC, which has seen positive trends feed through into second-quarter trading, would likely reject any request for a board seat by rival Kazakhmys, which is due to become the biggest shareholder with a 22 percent stake.
