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Business sector : Natural resources
Notice type:Public
Environmental category:A
Target board date:16 Nov 2016
PSD disclosed : 15 Sep 2016
Project Description : The EBRD is considering arranging a USD350 million pre-privatisation A/B senior loan to JSC ShalkiyaZinc LTD (the "Borrower"), a 100% subsidiary of JSC Tau-Ken Samruk ("the Sponsor"), National Mining Company of Kazakhstan, to finance expansion of the Shalkiya zinc-lead mining operation.
Project Objectives : The facility will support the borrower's pre-privatisation efforts in expanding operations of the existing Shalkiya zinc-lead mine located in the Kyzylorda region of Kazakhstan and the construction of a processing plant at the site with a capacity of 4 million tonnes per annum.
Transition Impact : Moderate Good
By financing the project the Bank will support efforts of the Government of Kazakhstan to...