1st Mar 2006 07:01
Kazakhmys PLC01 March 2006 1 March 2006 Kazakhmys PLC - Change in Director's Responsibility Kazakhmys PLC ("Kazakhmys"), the London listed metals and mining group, todayannounced the appointment of Vladimir Ni as Chairman of LLC KazakhmysCorporation, the principal operating subsidiary of Kazakhmys in Kazakhstan. Mr Ni will continue to serve as a non-executive Director on the Board ofKazakhmys PLC, but will not be considered as independent for the purpose of theCombined Code. Vladimir Ni, aged 72, has been Vice-Chairman of the Board of Directors of LLCKazakhmys Corporation since 1999. He is also a director of TOO HOZU Corporation.He graduated from the Kazakh Mining Metallurgical Institute. Mr Ni is a miningengineer by profession. Kazakhmys PLC confirms its intention to appoint another independentnon-executive Director, and an announcement to that effect will be made in duecourse. Mr Vladimir Kim, Chairman of Kazakhmys PLC, commented: "We are very pleased with the appointment of Mr Ni as Chairman of LLC KazakhmysCorporation. Mr Ni is a highly regarded personality in Kazakhstan who has had along and successful career in the domestic mining industry. Given our continuedfocus on Kazakhstan, we will benefit increasingly from his extensive knowledgeof the company, the country and his in-depth understanding of the miningindustry". For further information please contact: Jinsoo Yang, Head of IR Tel: +44 20 8636 7900Sergei Stephantsov, Deputy Head of IRKazakhmys PLC Morgan Bone Tel: +44 20 7251 3801Robin WalkerFinsbury Notes to Editors Kazakhmys PLC's principal business is the mining, processing, smelting, refiningand sale of copper and copper products, including copper cathode and copper rod,which is carried on by the Group's main subsidiary LLC Kazakhmys Corporation.Based on 2004 production, the Group is the 10th largest producer of coppercathode and mined copper in the world. The Group's operations are verticallyintegrated. The Group operates 17 open pit and underground mines and twosmelting and refining complexes in the Republic of Kazakhstan. The Group alsoowns significant rail infrastructure in Kazakhstan and MKM, a copper productsfabrication company in Germany. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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