- Yilmaden Holding (0.06 MB)
Yilmaden Holding continues to hunt for international opportunities and investments to strengthen its international presence and extend its product portfolio. The company signed a term sheet with Tau-Ken Samruk, Kazakhstan’s state mining company for 100% shares of Tau-Ken Temir LLP, a metallurgical silicon production plant and Silicon Mining LLP, a silicon mining company.
The signing event took place in Dubai on March 28, 2019 at Samruk-Kazyna Investment Roundtable event at the Dubai International Financial Centre. Tau-Ken Samruk NMC JSC’s Acting Chairman Kanat Kudaibergen and Yilmaden Holding CEO Dr. Alp Malazgirt signed the term sheet.
Yilmaden Holding is in the process of acquiring Tau-Ken Temir LLP and Silicon Mining LLP, both of which are located in the Karaganda region of Kazakhstan.
Yilmaden Holding also owns and operates Voskhod Group of Companies in Kazakhstan, and recently established Qazaq Soda LLP to mine and produce soda ash and derivatives in the country. Yilmaden also continues joint venture mining exploration projects with Kazgeology, the state exploration company. After the Tau-Ken Temir acquisition, Yilmaden will add metallurgical silicon to its wide commodity portfolio.