ENRC Plans to Boost Iron Ore Sales to China by 20% for This Year

Eurasian Natural Resources Corp. (ENRC), a metals producer in Kazakhstan, plans to boost iron ore sales to China by 20 percent this year, Alexander Machkevitch, one of the company’s three founders, said.

Sales may increase to more than 6 million metric tons from about 5 million tons last year, Machkevitch said at a conference in Astana today.

To contact the reporter on this story: Svetlana Antoncheva in Astana, Kazakhstan at santoncheva1@bloomberg.net Nariman Gizitdinov in Almaty at ngizitdinov@bloomberg.net

To contact the editor responsible for this story: Stephen Voss at sev@bloomberg.net

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