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Turkey Project Notice - Tell Eczacibas


Project Notice

PNR 57561
Project Name Tell Eczacibas
Project Detail Location: Türkiye Project number: 53258 Business sector: Natural resources Notice type: Private Environmental category: B Approval date: 13 Dec 2023 Status: Concept Reviewed PSD disclosed: 31 Oct 2023 Project Description The transaction entails the provision of a long-term loan of up to USD 50 million to Esan Eczacibasi Endüstryel Hammadeler ve Sanayi ve Ticaret A.S. ("Esan"). Project Objectives The EBRD funds will be used to co-finance resource and energy efficiency related investments at the producing Balya lead-zinc-copper mine in Balikesir province in Turkey including construction of an ore hoisting shaft, upgrade of the existing processing plant, construction of a paste fill plant (subject to regulators approvals) and renewable energy investments.
Funded By European Bank for Reconstruction and Development (EBRD)
Sector Railways
Country Turkey , Asia
Project Value TRY 246,000,000

Contact Information

Company Name ESAN ECZACIBASI ENDUSTRYEL HAMMADELER VE SANAYI VE TICARET AS
Web Site https://www.ebrd.com/work-with-us/projects/psd/53258.html

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