OREANDA-NEWS. Chelyabinsk Zinc Plant (LSE: CHZN, RTS: CHZN), Russia’s largest producer of zinc and zinc alloys, is pleased to announce its production results for the first half of 2007.

January to June 2007, Chelyabinsk Zinc Plant (CZP) produced 80,385 tonnes of SHG zinc and zinc based alloys, an increase of 14.6% as compared to the first half of 2006 (70,139 tonnes). 49% of the plant output was supplied to the domestic market.

CZP’s subsidiary, Nova Zinc LLC, the operator of Akzhal zinc and lead ore mine in Kazakhstan, processed 649,155 tonnes of ore in the first half of 2007, 7.9% more than for the same period of 2006 (601,430 tonnes). The average zinc content in the ore for the first six months of 2007 was 2.7% with the average lead content of 0.59%, compared to 2.96% and 0.72% respectively a year ago. Production of zinc concentrate of 29,725 tonnes for the first half represented a 0.8% increase over the prior year (29,495 tonnes). Lead concentrate production decreased by 12.1% to 4,701 tonnes (vs. 5,348 tonnes in the first half of 2006).

“Chelyabinsk Zinc Plant is on course to meeting its year end production expectations of 165,000 tonnes of SHG zinc and zinc-based alloys,” commented Sergei Moiseyev, Chairman of the Board.

CZP will present its IFRS consolidated interim financial statements for the 3 months ended 31 March 2007 tomorrow, July 31, 2007. At the same day at 6pm Moscow time (3pm London time, 10am New York time) CZP will host an Investor Conference Call to discuss its financial results and comment on current operations. Media are invited to attend on a listen-only basis.

To participate in the conference call dial one of the dial-in numbers as follows:
• If dialing from Russia: (495) 981-0871
• If dialing from UK: 0800 389 7473 (toll free)
• If dialing from the USA: 1 866 297 7327 (toll free)
If dialing from countries other than specified please refer to http://www.conferencing.bt.com/pdf/bookedglobalaccess/automated.pdf.
Once connected, the participant should enter the passcode: 784 575#
To join the web conference, paste the following link into the address bar of your web browser: https://www.livemeeting.com/cc/btconferencing_eventsssl3, then enter your Meeting ID/Meeting number: K3316651 and Password: 784575A.
The recording of the conference call and the presentation will be available on CZP’s web-site (www.zinc.ru) in the Investor Relations section.