ENRC in the next five years will invest in Kazakhstan $5.3 billion

/IRBIS, June 30, 2010/ - In the next five years, invests in ENRC Kazakhstan $ 5.3 billion, announced today CEO Mr. Felix Vulis the Congress Minerals & Metallurgy - AMM 2010 in Astana "We as a major metallurgical company in Kazakhstan have been very active in the government program of forced industrial-innovation development. Approved medium-term program of capital expenditures ENRC for the next 5 years is calculated on the $ 5.8 billion, including $ 5.3 billion will be invested in Kazakhstan" , - said Mr. F. Wooleys. He noted that the company in Kazakhstan is implementing projects to build a fourth smelter in Aktobe Ferroalloy Plant, the second stage of the sinter plant at the ferroalloy plant with capacity of 350 thousand tons, the construction of cycle-flow overburden complex on East division, producing steel at SSGPO etc. The volume of foreign investments in the amount of $ 500 million will be invested primarily in companies of the Democratic Republic of the Congo. [2010-06-30]