Central Asia Metals (CAML) is a copper producer listed on London’s AIM market with operations in Kazakhstan

We are based in London and own 100% of the Kounrad solvent extraction and electrowinning (SX-EW) copper facility in central Kazakhstan, and 80% of the Shuak copper exploration project in northern Kazakhstan. CAML also owns a 75% interest in Copper Bay Ltd, a private company holding the Copper Bay project in northern Chile.

We were incorporated in the United Kingdom and raised $60 million at IPO in September 2010, which was used to build the Kounrad recovery plant in central Kazakhstan. Construction of the Kounrad plant was completed in early 2012, 15% below budget. Copper production commenced in April 2012, and production has increased year on year since.

We are debt free and, in September 2015, we reached the milestone of having returned to shareholders, through dividends and share buybacks, amounts in excess of those raised at IPO.

We have a highly experienced management and operations team with a proven track record in Central Asia, and are working towards developing a metals portfolio by identifying growth opportunities in the region and beyond.

Key Figures

  • 14,020 tonnes of annual copper production (FY 2016)
  • $69.3 million gross revenue (FY 2016)
  • 23.66c EPS (FY 2016)
  • $60 million raised at IPO in 2010
  • $96 million returned to shareholders during 2012-2016
  • 600,000 tonnes of contained copper resources at Kounrad
  • c.300 employees in Kazakhstan

tonnes of record annual copper production in 2016