In Kazakhstan the Group operates the newly developed Bozshakol and Aktogay mines and concentrators, as well as three mines and associated concentrators in the East Region, employing approximately 11,800 staff. In 2017 the Group exported 112 kt of copper cathode from Kazakhstan to customers in both Asia and Europe (2016: 93 kt)and 144 kt of copper in concentrate mainly to China based customers (2016: 48 kt). As a result of our economic activities, the Group generated revenues of $1,663 million in 2017 and made a total tax contribution of $365 million in Kazakhstan, including $183 million of MET and $182 million of Corporate Income Tax and other taxes.
The Group employs approximately 1,200 staff in Kyrgyzstan where it operates the Bozymchak copper-gold mine, contributing $11 million in taxes paid in 2017.
From 2011 to date the Group has invested a total of approximately $4.0 billion in the construction of its two major growth projects, Bozshakol and Aktogay. In addition to their financial contribution, these new mines created employment for around 3,000 operational staff who received extensive training in the use of modern equipment and production techniques. In December 2017 the Group announced a new expansion project at Aktogay, requiring a further $1.2 billion investment in the construction of a second processing facility at the site, which will double sulphide ore processing capacity and increase copper production by around 80 kt per annum over the period from 2021-27 and 60 kt per annum thereafter.