KAZ Minerals PLC (United Kingdom) announces refund of VAT excess after tax inspection

/KASE, March 24, 2017/ – KAZ Minerals PLC (London), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with a press release of March 20, 2017, as follows: quote KAZ Minerals PLC ("the Group") announces that the refund of VAT paid during the construction of the Bozshakol and Aktogay projects has commenced. Following the completion of audit and other administrative procedures the Group has received $166 million in VAT refunds to date in 2017. The recoverable VAT paid during the construction of the two projects was included within non-current receivables as at 31 December 2016. unquote [2017-03-24]