KAZ Minerals is the largest copper producer in Kazakhstan. The company operates the Bozshakol open-pit mine in the Pavlodar region of Kazakhstan, the Aktogay open-pit mine and three underground mines in the East Region of Kazakhstan. The company also operates the Bozymchak open-pit mine in the Kyrgyz Republic. KAZ Minerals is listed in London and Kazakhstan.
KAZ Minerals believes that increasing transparency of tax and royalty payments builds trust, helping governments and local communities to understand the mutual benefits of natural resource extraction, and how that economic value is distributed between KAZ Minerals various stakeholders.
Engagement with the EITI
KAZ Minerals became an EITI supporting company in 2019. The company is committed to supporting the implementation of the EITI Standard in countries where it operates and to promoting transparency throughout the extractive industries.
The company reports all payments to governments in line with the EITI Standard, United Kingdom (UK) regulations and the European Union Transparency Directive. The company's report on payments to governments is available on KAZ's website.
Link to the statement of support on KAZ's website