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BGMC

Balhashcvetmet
Native name
Kazakh: Балқаштүстіметалл Өндірістік Бірлестігі
Russian: БГМК - Балхашский горно-металлургический Комбинат
Romanized name
Balqaştüstimetall» Öndiristik Birlestigi
Formerly called
Балқаш кен-металлургия комбинаты немесе БКМК (BGMC: Balkhash Mining and Metallurgical Combine)
Public
Industry Metallurgy
Founded 1931–1938
Headquarters Balkhash, Kazakhstan
Key people
A.M. Minigulov - Chairman
Products non-ferrous and precious metals

Balhashcvetmet ("Ferrous Metallurgy of Balkhash;" formerly known as "BGMC, for Balkhash Mining and Metallurgical Combine; IPA: [bɐlˈxaʂskʲɪj ˈgornə mʲɪtəlʊrɡʲitɕɪskʲɪj kəmʲbʲɪˈnat]) is a copper-smelting combine located on the northern coast of the Lake Balkhash in Balkhash, Kazakhstan.

Balhashtcvetmet specialises in the extraction of ores, metal processing and the production of non-ferrous metals and their alloys. Ore is delivered from different mines. The largest one is Kounrad mine, located 12 kilometers north of the plant. The most remote mine is Sayak, located 250 km to the east. The ore includes many different elements. It contains about 60 percent copper. The ore also contains some precious metals. Balhashtsvetmet's main products are minerals, molybdenum ores, cermets, refined copper, zinc, gold, silver, magnesium, silicon, sulfuric acid, copper sulfate, alloying elements, sheet metal and many others.

Balhashtsvetmet belongs to the Kazakhmys Corporation with head offices in London, Karaganda and Jezkazgan, Kazakhstan.

Balhashtsvetmet includes the following departments:

Balhashcvetmet also finances a swimming pool and the Parachute Air Club.

In 1928, the English capitalist Leslie Urquhart wrote to the Soviet Glavkontsesskom to ask if they would give him the opportunity to mine in the Kirghiz steppes, near Lake Balkhash and beyond. Ten years later, after two Five-Year Plans for the National Economy of the Soviet Union, the Bolshevik government discovered copper on the Kounrad hills, near Lake Balkhash. In the same year, on the northern shore of Lake Balkhash, a geological survey from Leningrad arrived which was led by engineer and geologist Michael Rusakov. This group conducted the first exploration of copper deposits and got encouraging results. Eventually, the expedition concluded that the area had abundant deposits of ore, and established a copper smelting factory. Rusakov telegraphed the Committee of Geology in Leningrad that a rich copper porphyry deposit had been discovered in Kounrad, near Lake Balkhash. Soon after that, the development of Kounrad area started. In October 1931, a management organization was created, with as its main task the construction of a copper smelting plant. The coast of Bertis Bay was approved as the location of the plants and affiliated cities. The chief of building was Vasily Ivanovich Ivanov, who was later arrested in 1938 and executed as an enemy of the people.


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