Sanctions negatively affect Kaz Minerals’ work in north Siberia

09.08.2022

Kaz Minerals, one of the largest copper producers in Kazakhstan, developing the Baimskaya area in Chukotka, lost the opportunity to service a $1.8 billion loan to VTB. Kaz Minerals fears that this situation will lead to default in the future, which creates uncertainty for its work in Russia. Lawyers believe...