Samruk-Kazyna Buys Stake in Kazzinc

Posted on 02/07/2013


Samruk-Kazyna has taken a 29% stake in Kazzinc, a Glencore-controlled zinc producer, for an undisclosed price. Glencore International AG owns 69.61% of Kazzinc. The shares were purchased from Verny Capital JSC, a private equity company. Founded in 1997, Kazzinc was founded by the merger of Eastern Kazakhstan’s three core non-ferrous metal companies which were owned […]

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