Private-owned copper company in Kazakhstan generates million-tenge loss

11.08.2026

Copper Exploration Group, holding copper ore exploration and extraction licenses in the Pavlodar region, received a 2.5 million tenge loss for 2025, with exploration work expenses exceeding 1 billion tenge. A relative of Galimzhan Yessenov and former Kazphosphate head Maksutbek Yessenov acts as one co-owner.

Copper Exploration Group's report indicates the...