Kazzinc (, قازمىرىش, ) with its headquarters in Oskemen is Kazakhstan's largest producer of zinc, lead and precious metals. The general investor is Glencore International AG. Kazzinc’s core operations are in East-Kazakhstan, Karagandy and Akmola regions of Kazakhstan. According to the data for 2020, Kazzinc employs over 20,000 people.
Background
Kazzinc as a company was established is 1997 through the merger of East Kazakhstan’s main ore and non-ferrous metal producers: Zyryanovsk Lead Complex in Zyryanovsk (now Altay), Leninogorsk Polymetallic Complex in the Leninogorsk (now Ridder) and Ust-Kamenogorsk Lead and Zinc Complex in Ust-Kamenogorsk (now Oskemen). All three producers were majority-owned by the Government of Kazakhstan. After the merger, they were sold to the private sector, and the Swiss group Glencore International became the company’s main investor.
Bukhtarma Hydro Power Plant is operated by Kazzinc under a long-term concession agreement.
Kazzinc is a general sponsor of Torpedo Ice Hockey Club, based in Oskemen.
Organizational structure
Oskemen
Ridder
Altay