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Zinc Business
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HISTORY

1935 - Chelyabinsk Electrolytic Zinc Plant established, with annual capacity of 20,000 tonnes of zinc

 

1960 - CEZP's capacity increased to 70,000 tonnes

 

1970 - Zinc recovery rate reaches 97%

 

1993 - Restructured into a joint-stock company and privatized

 

1999 - 2003 - construction of a new electrolytic complex to produce up to 200,000 tonnes of SHG zinc

 

2000 - EBRD provided a US$15 mln financing for the CZP's expansion programme

 

2002 - EBRD approved a US$12 mln follow-up loan for environment-related upgrade

 

2003 - Arkley Capital S.a r.l. acquired a controlling interest in CZP through the purchase from the Vitol group of 100% of shared of Euromin Holding B.V. (Now NF Holdings B.V.)

 

2004 - CZP registered its zinc brand with LME ("CZP SHG")

 

2006 - CZP acquired 100% of shares in Nova Trading & Commerce AG, a 100% shareholder of Nova Zinc that owns Akzhal Mine in Kazakhstan

 

November 2006 - Listing of CZP'Global Depositary Receipts (GDRs) at the London Stock Exchange under the ticker symbol CHZN

 

January 2007 – A 25-year license agreement signed with The Russian Federal Agency for Subsoil Use (Rosnedra) for the exploration and extraction of zinc ores in the Amurskoye Deposit located in Bredinsky district, Chelyabinsk region

 

March 2007 – The Waelz kiln facility #5 is put into operation

 

June 2007 - CZP acquired the Brock Metal business, the leading UK supplier of zinc and aluminum die-casting alloys



© 2006 JSC «CZP»