EBRD backs Kazakhstan's move up the minerals value chain with €255m loan
- The European Bank for Reconstruction and Development (EBRD) is financing Kazakhstan's first large-scale refractory gold ore processing facility, helping the country unlock previously inaccessible reserves while expanding domestic mineral processing.
- Around half of Kazakhstan's gold resources are contained in refractory ores that cannot be processed using conventional methods.
- The bank is providing a €255 million loan to support the construction of the Ertis pressure oxidation hydrometallurgical complex in the Pavlodar region.
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- The European Bank for Reconstruction and Development (EBRD) is financing Kazakhstan's first large-scale refractory gold ore processing facility, helping the country unlock previously inaccessible reserves while expanding domestic mineral processing.
- Around half of Kazakhstan's gold resources are contained in refractory ores that cannot be processed using conventional methods.
- The bank is providing a €255 million loan to support the construction of the Ertis pressure oxidation hydrometallurgical complex in the Pavlodar region.
Sources: Euronews