Kazakhmys PLC
KAZAKHMYS PLC ANNUAL REPORT AND ACCOUNTS 2009

Overview

Business highlights

16.9Moz

of silver

182koz

of gold

149kt

of zinc in concentrate

By-product output benefited from the extraction of metals from stockpiled material and improvements in processing.

320kt

of silver

Production of copper cathode equivalent in 2009. Ahead of target, as operational efficiencies offset lower ore output.

Group EBITDA (excluding special items) ($million)

1,634

Group EBITDA (excluding special items) ($million)

Earnings per share based on Underlying Profit ($)

1.13

Earnings per share based on Underlying Profit ($)

Copper cathode equivalent production from own material (kt)

320

Copper cathode equivalent production from own material (kt)

$2.7billion

Major new loan facility arranged during 2009, which has secured the funding for several of the Group’s growth projects. This will allow a significant increase in output in the medium term.

72US cents

Unit cost of production per pound (after by-product credits). A substantial reduction from 2008, benefiting from management action to reduce costs, changes in exchange rates and lower prices for input materials.

$1,634million

Group EBITDA (excluding special items). A decline of 21% reflecting lower commodity prices, partially offset by an improved cost base.

$88million

Spent on social projects in 2009. Maintaining the Group’s commitment to local communities and employees.