KAZ GREEN ENERGY LLC, a part of Kazakhmys Holding LLC Fuel and Energy Complex, has launched a solar power plant in Zhezkazgan.
Kazakhmys Group has acquired 100 percent of shares of Ulytau Nan LLC in framework of implementation of the business social responsibility state program. This modern bakery plant was commissioned in Zhezkazgan last year.
The company management made a resolution on salary increase to every single employee with effect from July.
Kazakhmys Group as Producer and Guarantor, and Advaita Trade DMCC (hereinafter referred to as Advaita) as the Borrower and Off-taker, signed an Agreement with an international alliance comprised of Credit Suisse AG and Societe Generale, raising prepayment-type financing in the amount of USD 225M at the rate of 1-month LIBOR + 255 bps. Parties of the Agreement can further extend the amount of financing up to USD 500M.