ENRC: Kazakh miner needs to show its mettle

IT HAS BEEN a strange few months for Kazakhstan’s largest listed metals and mining group, Eurasian Natural Resources (ENRC). In May, the London Stock Exchange-listed ferrochrome miner lodged a £7.05 billion bid for Kazakhmys, a smaller domestic rival. Kazakhmys, also listed on the LSE, not only balked but bit back. First, it got the Kazakh government in July to sell its 7.66%