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Central Asia Metals announced 2018 operating results

According to 2018 operating results, the Company produced 14 049 tons of copper on Kounrad (-0,38% y/y), 22 532 tons of zinc concentrate (+4,39% y/y) and 29 388 tons of lead concentrate (-1,65% y/y) on SASA. CAML has confirmed its production results for 2018 in the range between 13 000-14 000 tons of copper, 21 000 -23 000 tons of zinc concentrate and 28 000-30 000 tons of lead concentrate.

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KTO transit tariff from Russia to China increased by 32%

According to KazTransOil, the Ministry of Energy of the Republic of Kazakhstan revised the tariffs for transit oil transportation of 10mn tons per year from Russia to China, approving for the period 2019-2023 tariff of $15/ton. In particular, in the section “Border of Russia - Priirtyshk-Atasu (RK)”, including oil transshipment at the HOPS “Atasu” - $4.23/ton and in the section Atasu - Alashankou (China) - $10.77/ton.

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Inflation rush into the new NBRK corridor of 4%-6%

Inflation slowed in December, in comparison with the previous month to 0.7% (0.9% in November), the annual rate remained at the level of October and November at 5.3% (7.1% in 2017), average per year was 6% (7.4% in 2017).

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