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Central Asia Metals Targets 20,000-Ton Copper Output by 2014

Monday 18 July 2011

(Bloomberg) – Central Asia Metals Plc, an unprofitable developer of copper projects in Kazakhstan and Mongolia, is targeting annual output of 20,000 tons by 2014 once production starts in the fourth quarter.

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Central Asia Metals AIM Admission Document

The company will report positive cash flow next year when copper cathode production from a waste dump at its Kounrad project in Kazakhstan reaches full capacity of 10,000 tons, Chief Executive Officer Nick Clarke said in an interview today in London. Copper cathode is a finished form of the metal

Central Asia Metals Plc is an AIM-listed UK company based in London. Its main countries of operation are Kazakhstan and Mongolia. CAML is a precious and base metals mining, exploration and development company with majority stakes in copper, gold and molybdenum projects throughout Central Asia.

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