RUB414 -4.0 -1.0%
Last Trade - 25/04/16
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NEWS RELEASE For Immediate Release - October 16, 2015 Production Results of Chelyabinsk Zinc Plant for 9M 2015 Chelyabinsk, Russia - October 16, 2015 - Chelyabinsk Zinc Plant (LSE, MICEX: CHZN), Russia's largest producer of zinc and zinc alloys, is pleased to announce its production results for the nine months ended September 30, 2015. Chelyabinsk Zinc Plant (CZP) produced 131,013 tonnes of salable SHG zinc and zinc based alloys in 9M 2015, the same volume as in 9M 2014 (131,469 tonnes). 57.8% of metal was supplied to the domestic market (9M 2014 - 52.6%). CZP's affiliated company, Nova Zinc LLC, operator of Akzhal zinc and lead ore mine in Kazakhstan, produced 27,185 tonnes of zinc in zinc concentrate in 9M 2015, the same level as in 9M 2014 (26,981 tonnes) and 4,197 tonnes of lead in lead concentrate (vs. 4,113 tonnes in 9M 2014). CZP's subsidiary, The Brock Metal Company Limited (the leading UK supplier of zinc die-casting alloys) sold 28,647 tonnes of zinc alloys in 9M 2015, an increase by 19% as compared to 9M 2014 (24,148 tonnes). About Chelyabinsk Zinc Plant Chelyabinsk Zinc Plant is the leading Russian zinc producer. In 2014 the plant produced 168,601 tonnes of saleable SHG zinc. According to consolidated IFRS accounts, revenue in 2014 was RUB 16,508 mln and EBITDA was RUB 3,825 mln. 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. Investor and Media Contacts: Natalya Vasilieva, PR, ngv@zinc.ru Tel: +7 (351) 799-01-52 Evgeny Ponomarev, IR, eyp@zinc.ru Tel: +7 963 998-55-58 END Copyright © 2015 PR Newswire Association, LLC. All Rights Reserved