Financial Times FT.com

Little-known Kazakh miner poised for FTSE 100

By Rebecca Bream in London

Published: December 21 2007 02:00 | Last updated: December 21 2007 02:00

The listing of Eurasian Natural Resources Corporation, the Kazakhstan-based mining group, on the London Stock Exchange this month was one of the largest floats of the year, but also one of the most low-key.

The group raised £1.36bn ($2.7bn) through the sale of new shares, and was valued at roughly £6.8bn. At this level, ENRC is a shoo-in for inclusion in the FTSE 100 index at the next reshuffle.

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