KAZAKHMYS PLC (United Kingdom) increases Kazakhstan-made contents in procurement

/KASE, February 18, 11/ - KAZAKHMYS PLC (London), whose common shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with the following press-release of February 18, 2011: quote Today representatives of Ekibastuz GRES-1 and Maikuben coalmine, parts of Kazakhmys Group, took active part in Pavlodar forum organized in an effort to increase the Kazakhstan-made contents in procurements of domestic enterprises. The forum was attended by Aset Isekeshev, Deputy Prime-Minister of the Republic of Kazakhstan, Minister for Industry and New Technologies and Timur Kulibaev, Vice-Chairman of Sovereign Wealth Fund Samruk-Kazyna. In the course of the forum the enterprises' chiefs were saying that the Kazakhstan-made contents in 2010 made up 59.3% (57.5% in 2009) in the power station's total expenses and 95% (86% in 2009) of the total expenses incurred by the coalmine. The projected share of the power station's suppliers from Kazakhstan for 2011 makes up 60.4%, that of the coalmine - 98%. The value of agreements made by Ekibastuz GRES-1 with domestic companies in 2010 made up KZT61.9 bn, with KZT59.5 of them attributable to Pavlodar-based companies. The coalmine made agreements worth KZT3.9 bn with Kazakhstan's enterprises in 2010, whereas Pavlodar-based companies account for KZT3.5 bn. Main article bought from Kazakhstan's enterprises are construction materials, heat-insulation staff, petrol and lubricants, spare parts for equipment, electrodes, explosives, cables, printed goods, garments, jobs and services. unquote [2011-02-18]