Kazzinc

Kazzinc (Russian Казцинк ) is a mining company in Kazakhstan based in Öskemen. Among the products of Kazzinc mainly include zinc, lead and copper and the precious metals gold and silver.

It employs approximately 22,000 employees in Kazzinc. The company's sales amounted to around 1.5 billion U.S. dollars in fiscal year 2008.

History

The company was created in 1997 through the merger of three large companies Ust- Kamenogorsk Lead and Zinc Combinate, Leninogorsk Polymetallic Combinate and Zyrianovsk Lead Combinate that belonged to all majority owned by the Kazakh government. Today Kazzinc among 69 percent of the Swiss Glencore International AG, which operates in the commodity trading world.

In 2004 the company acquired the rights to the Shaimerden mine in the region Qostanai. In this store about one million tonnes of zinc a.

Since the company's inception in 1997, the Group has increased the flow rates of the five main product tremendously. The delivery of zinc has more than doubled since 1997.

Products

The main products of Kazzinc are zinc, lead and copper and the precious metals gold and silver. The promotion of zinc increased from 173 192 tonnes in 1997 to 301 104 tonnes in 2009. Also, the delivery of copper ( 59 420 tonnes in 2009 ) increased since the company's inception. However, the amount of mined lead went in recent years back to now 79 041 tonnes. The extraction of gold has increased in recent years strongly again, whereas the amount fell slightly to silver.

In addition to these metals Kazzinc also has the metals bismuth, cadmium, indium, thallium, and selenium in the range. Also, aluminum and mercury are among the company's products.