In response to recent media publications alleging the export of ores and copper concentrates without chemical analysis and the concealment of rare earth metal content, Kazakhmys Corporation LLP finds it necessary to provide clarification and refute these claims.

1. Kazakhmys Production Policy

The key products of Kazakhmys Corporation LLP are:

·  cathode copper,

·  refined gold and silver,

·  sulfuric acid.

The corporation is fully committed to processing ores and concentrates using its own production facilities. All raw materials are handled in strict compliance with established standards and are subject to rigorous quality control at every stage of production.

2. Export procedures and composition control

In cases where the export of copper concentrate is required, the raw material undergoes a mandatory full chemical analysis conducted by independent international laboratories. In particular, such analyses are performed by SGS Kazakhstan, one of the world’s leading companies in laboratory testing and certification.

Furthermore, the export process is subject to strict state oversight, including:

·  mandatory licensing by the Ministry of Industry and Construction of the Republic of Kazakhstan, and

·  compliance with all customs regulations, which prevent any concealment of the composition of exported materials.

3. Extraction and processing of rare metals

Kazakhmys Corporation LLP does not engage in the intentional extraction of rare earth metals. However, trace amounts of rare metals are recovered from wash acid, a by-product of sulfuric acid and precious metals production.

Waste from sulfuric acid production is processed by the «Zhezqazghanredmet» state enterprise, which extracts and refines rare metals in full compliance with national regulations.
Waste from precious metals production is processed by the newly established Kazakhmys Progress LLP, a company specializing in metal refining. This enterprise represents an important step toward deepening domestic raw material processing and enhancing technological capacity within Kazakhstan.

The creation of Kazakhmys Progress LLP forms part of the company’s strategic goal to develop its own metallurgical base and reduce dependence on foreign processing facilities. This not only increases the added value of the company’s products but also strengthens Kazakhstan’s position as an independent player in the global market for precious and rare metals.

One notable example is the production of technical-grade selenium. The vacuum distillation technology used in this process is unique worldwide and was developed by Kazakhstani scientists from Satbayev University. This innovation has raised the added value of selenium from 30% to 97% of the global market price.

4. Transparency and Legal Compliance

Kazakhmys consistently adheres to the principles of transparency in all its operations. Every activity of the company is subject to comprehensive oversight by authorized government bodies.
The corporation fully supports initiatives aimed at strengthening state control over the export of mineral resources and remains open to dialogue and cooperation with regulatory authorities on this matter.

5. Conclusion

All activities of Kazakhmys Corporation LLP are carried out in strict accordance with national legislation and international standards.
Allegations of concealing the presence of rare earth metals or deliberately undervaluing exported raw materials are unfounded and inaccurate.

Moreover, Kazakhmys Corporation LLP is fully open to cooperation with all government agencies and members of the legislative branch and stands ready to provide all necessary conditions for any form of inspection in compliance with current law.