In January-July of 2003 Kazakhmys (Kazakhstan) decreased copper production to 236,873 t

05.08.03 00:00
/REUTERS, Almaty, Tatyana Seroshtanova, August 5, 03/ - Kazakhstan copper corporation Kazakhmys in January-July of 2003 decreased the volume of refined copper production to 236,873 tons from 250,200 tons within similar period of last year, company informed. Before the corporation informed about its intention to remain volumes of refined copper production in the year 2003 on last year's level - 432,000 tons. Commodity output decreased within the first seven months of this year to KZT68.221 bn. from KZT70.732 bn. within similar period of 2002. Below is comparable data about production of separate types of production of corporation Kazakhmys: --------------------------------------------------------- January January January July June July 2003 2003 2002 ------------------------------ ------- ------- ------- Refined copper (th. tons) 236.9 203.2 250.2 Zinc in concentrate (th. tons) 48.4 42.9 39.9 Coal (m. tons) 4.8 3.9 4.1 Ore (m. tons) 24.2 20.7 24.1 Silver in granules (tons) 357 306 390 Gold bullions (kg) 1,728 1,393 2,572 Copper rod (th. tons) 34.3 28.9 n/d --------------------------------------------------------- Corporation Kazakhmys, which produces up to 90% of total volume of Kazakhstan copper and which takes the ninth place in the world by volumes of copper production, exports the half of its production to China and the other half - to European countries. Corporation Kazakhmys has presented to Kazakhstan stock exchange the extract from shareholders register as of January 1 of 2003, in accordance with which shareholders of the company are: South-Korean Samsung (25.33% of shares), Central depository of securities CJSC (26.67%), Samsung Hong Kong limited (17.22%), ABN AMRO bank Kazakhstan (19.51%). [2003-08-05]