22 Nov 2013 16:35
22 November 2013
Eurasian Natural Resources Corporation PLC
Recent Media Speculation
Following recent media publications regarding a possible change in Company name and location of Head Office, Eurasian Natural Resources Corporation PLC ('ENRC') would like to clarify that it has no intention of changing either its name or its location. ENRC shall pursue any publications that print incorrect information about the Company.
-ENDS-
For further information, please contact:
ENRC: Investor Relations | |
Mounissa Chodieva | +44 (0) 20 7389 1879 |
Charles Pemberton | +44 (0) 20 7104 4015 |
Alexandra Leahu | +44 (0) 20 7104 4134 |
Capital MSL (Press Relations Advisor to ENRC): | |
Richard Campbell Ian Brown | +44 (0) 20 7307 5334 +44 (0) 20 7307 5347 |
About ENRC
ENRC is a leading diversified natural resources group, performing integrated mining, processing, energy, logistics and marketing operations. The operations comprise: the mining and processing of chrome, manganese and iron ore; the smelting of ferroalloys; the production of iron ore concentrate and pellet; the mining and processing of bauxite for the extraction of alumina and the production of aluminium; the production of copper and cobalt; coal extraction and electricity generation; and the transportation and sales of the Group's products. The Group's production assets are largely located in the Republic of Kazakhstan; other assets, notably the Other Non-ferrous Division, are mainly located in Africa; the Group also has iron ore assets in Brazil. In 2012 the Group's entities employed on average 78,484 (2011: 77,441) people. The Group currently sells the majority of its products to Russia, China, Japan, Western Europe and the United States. For the twelve months ended December 31 2012, the Group had revenue of US$6,320 million (2011: US$7,705 million) and profit attributable to equity holders of the Company of US$(804) million (2011: US$1,974 million). ENRC has six operating Divisions: Ferroalloys, Iron Ore, Alumina and Aluminium, Other Non-ferrous, Energy and Logistics. ENRC is a UK company with its registered office in London. ENRC's shares are quoted on the London Stock Exchange ('LSE') and the Kazakhstan Stock Exchange ('KASE'). For more information on ENRC visit the Group's website at www.enrc.com.