01 March 2006
1 March 2006
Kazakhmys PLC - Change in Director's Responsibility
Kazakhmys PLC ("Kazakhmys"), the London listed metals and mining group, today
announced the appointment of Vladimir Ni as Chairman of LLC Kazakhmys
Corporation, the principal operating subsidiary of Kazakhmys in Kazakhstan.
Mr Ni will continue to serve as a non-executive Director on the Board of
Kazakhmys PLC, but will not be considered as independent for the purpose of the
Vladimir Ni, aged 72, has been Vice-Chairman of the Board of Directors of LLC
Kazakhmys Corporation since 1999. He is also a director of TOO HOZU Corporation.
He graduated from the Kazakh Mining Metallurgical Institute. Mr Ni is a mining
engineer by profession.
Kazakhmys PLC confirms its intention to appoint another independent
non-executive Director, and an announcement to that effect will be made in due
Mr Vladimir Kim, Chairman of Kazakhmys PLC, commented:
"We are very pleased with the appointment of Mr Ni as Chairman of LLC Kazakhmys
Corporation. Mr Ni is a highly regarded personality in Kazakhstan who has had a
long and successful career in the domestic mining industry. Given our continued
focus on Kazakhstan, we will benefit increasingly from his extensive knowledge
of the company, the country and his in-depth understanding of the mining
For further information please contact:
Jinsoo Yang, Head of IR Tel: +44 20 8636 7900
Sergei Stephantsov, Deputy Head of IR
Morgan Bone Tel: +44 20 7251 3801
Notes to Editors
Kazakhmys PLC's principal business is the mining, processing, smelting, refining
and 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 copper
cathode and mined copper in the world. The Group's operations are vertically
integrated. The Group operates 17 open pit and underground mines and two
smelting and refining complexes in the Republic of Kazakhstan. The Group also
owns significant rail infrastructure in Kazakhstan and MKM, a copper products
fabrication company in Germany.
This information is provided by RNS
The company news service from the London Stock Exchange