Kazakhmys Swings to Profit as Pushes Plans to Ditch Assets
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Kazakhmys Plc swung to profit as the biggest Kazakh copper producer pushes ahead with plans to divest two-thirds of its assets by the end of the year.
The company posted first-half net income of $49 million, after a loss of $962 million a year earlier, the London-based company said today in a statement.