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Chelyabinsk Zink Plant increases zinc production 4 percent in 2013

February 04, 2014, 0:22 UTC+3
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MOSCOW, February 3, (ITAR-TASS). Chelyabinsk Zinc Plant (CZP), Russia’s largest producer of zinc and zinc alloys, increased the production of salable SHG zinc and zinc based alloys by 4 percent in 2013 to 166,357 tonnes, according to a statement made on Monday, February 3.

It said that 66 percent of metal had been supplied to the domestic market.

CZP’s affiliated company, Nova Zinc LLC, operator of Akzhal Zinc and lead ore mine in Kazakhstan, produced 34,870 tonnes of zinc in zinc concentrate in 2013 that equals the volume of 2012 (34,252 tonnes). Lead in lead concentrate production increased by 34 percent to 4,810 tonnes (vs 3,586 tonnes in 2012).

CZP’s subsidiary, Brock Metal Company Limited (the leading UK supplier of zinc die-casting alloys) sold 25,415 tonnes of zinc alloys in 2013, an increase by 3 percent as compared to 2012 (24,685 tonnes).

Chelyabinsk Zinc Plant is the leading Russian zinc and zinc alloys producer. In 2012 the plant produced 160,002 tonnes of salable SHG zinc.

According to consolidated IFRS accounts, revenue in 2012 was 13,077 million roubles and EBITDA was 1,811 million roubles.

Ordinary shares of CZP are traded on the Moscow Exchange MICEX-RTS under ticker CHZN and Global Depository Receipts (GDR) are traded on the London Stock Exchange under ticker CHZN.

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