KAZ Minerals

[4] In February 2010 the company completed the sale of a 50% stake in its Ekibastuz GRES-1 power plant to the National Welfare Fund Samruk-Kazyna JSC for $681 million.

[6] On 7 January 2014 the Group approved the disposal of its 50% stake in the Ekibastuz GRES-1 power station, to become a focused, pure-play copper mining company.

Kazakhmys PLC disposed of a number of mature assets primarily in the Zhezkazgan and Central Regions to Cuprum Holding, a company whose principal shareholder is Vladimir Kim.

[11] In October 2020, Nova Resources, a consortium of businesses led by Oleg Novachuk, made an offer to take Kaz Minerals private in a transaction which valued the company at £3 billion.

[12][13] KAZ Minerals is focused on copper production but also produces and sells significant quantities of zinc, silver and gold as by-products.