Our Strategy

The Group’s strategy is built on its mission to ‘achieve growth as a leading natural resources group and to enhance overall value for its shareholders’.

The strategy is a balanced and flexible combination of enhancing existing assets, organic growth and acquisitions.  It is based on the following core principles:

Low cost base

Maintain low cost operations

Our low cost position is underpinned by integrated mining and processing operations, and the support provided by our in-house, large-scale energy and logistics capabilities.  This allows us to capture value from the vertical integration of the business, the security over the supply and delivery chains, as well as the access to low cost power.

Reserves

Continue expansion and development of the existing reserves and capacity

The Group’s high level of operational integration and targeted capital expenditure allows it to build its reserves potential, expand its resources asset base and obtain maximum value from each existing resources operation.

Products

Add value and customer diversity by expanding the product portfolio

Diversification can occur via acquisitions and organically.  The Group remains focused on its core products, but is also looking at opportunities in other industrial metals, certain precious metals and in the energy sector.

Expansion

Expand our asset portfolio and footprint in the natural resources sector, both within the region and worldwide

Acquisitions are an important element of our strategy.  By leveraging our knowledge of minerals extraction, as well as our integrated energy and logistics capacity where possible, the Group will look to diversify its presence into other natural resources both in the Eurasian region and elsewhere in the world.

Commitment

Commitment to high standards

We are committed to maintaining high standards of corporate responsibility across all of our operations, with particular reference to health and safety.