Shalkiya Zinc: Pre-Privatization Loan

Country:

Kazakhstan

Project number:

48347

Business sector:

Natural resources

Notice type:

Public

ESIA disclosed:

13 Jul 2016

Status:

Signed

Target board date:

07 Jun 2017

Project description

The Loan proceeds will support the Borrower’s expansion of operations at the existing Shalkiya zinc-lead mine located in the Kyzylorda region of Kazakhstan, as well as the construction of a 4 million tonnes per annum processing plant at the site.

JSC Shalkiya Zinc LTD (the “Borrower”), a 100% subsidiary of Tau-Ken Samruk (“the Sponsor”), National Mining Company of Kazakhstan.  The Sponsor is 100% owned by Samruk-Kazyna National Welfare Fund of Kazakhstan.

The key to the successful redevelopment of the mine is a new concentrator which will be constructed on site using modern technology replacing the need to truck ore to the old and more remote Kentau plant (built in 1963).

The Project is an integral part of the privatization process for Sponsor declared by the Government of Kazakhstan.  According to the law, the Sponsor and the Borrower are included in the list of state assets to be privatised by 2020.

The Project will also have gender and inclusion components which among other things will strengthen equal opportunities for women to access employment and skills. This work will be supported through an additional integrated policy dialogue approach to support the Government of Kazakhstan to reduce legal and regulatory barriers and expand legal awareness for women’s equal access to the labour market.

ESIA disclosure package

The following documents are attached in English and Russian languages

Environmental and social management plans

Full ESIA availability: Full ESIA documentation is available locally at:

1.Office in Almaty, Kazakhstan: Mrs. Mira Akhmetova – head ecologist; address: 7 Al-Farabi Ave, “Nurly Tau” business – center, Block 4A, 9th floor, office No. 38, 050040, Almaty, Republic of Kazakhstan, phone: +7 727 3 11 06 24;

2.Office in Shalkiya, Kyzylorda region, Kazakhstan: Ms. Akmaral Toltayeva – ecologist, address: office located at the Administrative building of Shalkiya mine, phone: +7 72435 79 1 07 ext. 7082

And

EBRD Resident Office. Address 2 Dostyk str, SAAD business center, Astana, 010000 Kazakhstan, Tel. +7 7172 554246

And

http://zinc.kz/ESIA

Enquiries: Environmental or social enquiries

Mrs. Mira Akhmetova – head ecologist; address: 7 Al-Farabi Ave, “Nurly Tau” business – center, Block 4A, 9th floor, office No. 38, 050040, Almaty, Republic of Kazakhstan, phone: +7 727 3 11 06 24, email: info@zinc.kz (to the attn. of Mira Akhmetova).

 

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