OREANDA-NEWS. Kazakhmys PLC announces that it has awarded the contract for the construction of the sulphide concentrator at Aktogay, the Group's second major copper growth project, to Non Ferrous China ("NFC").

The sulphide concentrator contract is the largest item in the capital expenditure budget for Aktogay. Following this contract award the Group is now able to confirm that the total capital cost for the Aktogay project is expected to be in the region of \\$2.3 billion.

Oleg Novachuk, Chief Executive of Kazakhmys, said: "NFC has a strong track record in significant construction projects with experience in Kazakhstan and I am pleased to announce the award of this contract. We look forward to building on our existing relationship with NFC as we develop the Aktogay project ogether, which remains on track for first copper production from sulphide in 2017."