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Kazakhmys says Kazakh govt wants to take a stake

Tue Mar 25, 2008 11:18pm IST
 
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LONDON, March 25 (Reuters) - Kazakh copper producer Kazakhmys Plc (KAZ.L: Quote, Profile, Research) said on Tuesday it welcomed the recent statement by the government of Kazakhstan that it wished to acquire a minority interest of up to 15 percent in Kazakhmys.

Kazakhmys, which rival Eurasian Natural Resources (ENRC.L: Quote, Profile, Research) earlier this month said it might be interested in buying, said in a statement it has been in preliminary talks with the Government on a variety of options. (Reporting by Mike Elliott; Editing by David Holmes)

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