SHUK – Shubarkol’ komir AO


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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

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Company Profile

Shubarkol’ Komir AO is a Kazakhstan-based company that operates in the field of surface coal extraction and processing. It is also active in the extraction of construction stone. Shubarkol’ Komir AO has two wholly owned subsidiaries, Sary-Arka Spetskoks TOO and Asmare B.V. The Company operates through Shubarkol’sk mine, located in the Karaganda Region. As of January 1, 2012, the Company’s major shareholder was Evraziyskaya promyshlennaya kompaniya AO with a stake of 75%. As of April 17, 2012, Eurasian Natural Resources Corp PLC completed the acquisition of Shubarkol’ Komir AO.

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