Project Koktaszhal

Country:

Kazakhstan

Project number:

46788

Business sector:

Natural resources

Notice type:

Private

ESIA disclosed:

14 Nov 2014

Status:

Repaying

Target board date:

11 Feb 2015

Purpose of the Environmental and Social Impact Assessments

The EBRD is considering providing long-term debt financing to AltaiPolimetally LLP and Terekty Ken Baitu LLP in order to support development of the Koktaszhal copper-gold deposit located in the Karaganda region of Kazakhstan and to build a processing plant with 4 million tons annual capacity.

The project is expected to have positive transition impact through:

(i) the support of an independent private player in the Kazakh copper sector, helping strengthen its market position;

(ii) setting high standards of corporate governance and business conduct by requiring consolidated financial statements prepared in accordance with IFRS and regular auditing, as well as introducing best practices in EHS;

(iii) demonstration effect and replication potential of new mining and processing techniques which would have a positive impact on EHS and on the profitability of the project.

There is a project summary document available for this project.

ESIA Summary

Original EIA: Russian version

Supplemental report: English | Kazakh

ESAP: English | Kazakh
SEP: English   | Kazakh
NTS: English | Kazakh

Full ESIA availability

Full ESIA documentation is available locally at:

Vadim Udovenko,
Terekty Ken Baitu LLP
13 Kazybek bi st, Terekty village
Karkaralinskiy district, Karaganda region,
Kazakhstan
Tel: +7 7212 94-01-17

Kairgeldy Amanzholovich Mazhitov
AltaiPolimetally LLP
1a, Sadoviy boulevard,
Mamyr microdistrict, Almaty
Kazakhstan
Tel.: +7 727 3528605, +7 727 3528606
Email: khantau@mail.ru

And

Astana RO
Yerlan Ramazanov
ramazany@ebrd.com
+7 717 2580204
12 Samal microdistrict,
Astana Tower Business Center,
Astana, 010000
Kazakhstan

Enquiries

Environmental and social enquiries:
Vadim Udovenko,
Terekty Ken Baitu LLP
13 Kazybek bi st, Terekty village
Karkaralinskiy district, Karaganda region,
Kazakhstan
Tel: +7 7212 94-01-17
Email: khantau@mail.ru

 

This document was prepared at an early stage of project development, before consideration by the EBRD Board of Directors. Details of a project may change following disclosure.

Environmental and Social Impact Assessments and ESIA summaries are produced by project sponsors, and the EBRD makes them available without any comment or implied endorsement. Any views expressed or statements made in the Environmental and Social Impact Assessment or the ESIA Summary do not necessarily reflect the views or opinions of the EBRD.

Last updated 25 June 2014