EBRD provides €255m loan for Kazakhstan gold processing facility
The European Bank for Reconstruction and Development is financing Kazakhstan’s first large-scale refractory gold ore processing plant to improve domestic mineral extraction and value chain capabilities.
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According to Euronews, the European Bank for Reconstruction and Development (EBRD) has issued a €255 million loan to support the development of Kazakhstan’s first large-scale refractory gold ore processing facility. This investment is intended to assist the nation in accessing previously unexploited mineral reserves while simultaneously expanding its domestic processing sector. By backing this infrastructure, the bank aims to help the country move further up the minerals value chain.
Source: Euronews. Read the original report ↗
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This brief is based on reporting by Euronews.supports: Euronews