Kazakhmys Group is a vertically integrated holding company whose key assets are concentrated in the mining industry and non-ferrous metallurgy.

The ultimate controlling member of the Group, with a 70% ownership percentage, is Vladimir Kim, a citizen of the Republic of Kazakhstan.

According to the results of 2020, the Group ranks 3rd in the Republic of Kazakhstan in terms of electricity generation with a production volume of 7,267.53 million kWh.

In April 1931, Balkhashmet was established, in 1938 copper was smelted in Balkhash, in 1943 the BMZ plant began work in Zhezkazgan.

In 1913, the Spassky Joint Stock Company was registered in Zhezkazgan, the head was an Englishman Leslie Urquhart.