Kazakhstan: new lead and zinc plant to be created

A new mining and processing works will be constructed in Kyzylorda region. The corresponding documents have been signed during the investment forum in London. The guarantee agreement was signed by Samruk Kazyna fund chairman Akhmetzhan Yesimov and sir Suma Chakrabarti of EBRD, while the construction agreement – by Tau-Ken Samruk national company chairman Kanat Kudaibergen…

Ukraine: Metinvest boosts environmental investment in Mariupol

Mariupol Ilyich Iron and Steel Works and Azovstal of Metinvest Group have been increasing their expenses on environmental projects for several years. In 2018 the green investments have grown 5.6-fold, to UAH 600 million. Financing increases progressively as the group switches from designing to constructing gas treatment facilities. In particular, investments in construction, upgrade and…

Russia: VEB drops off Pavlik

The state corporation Vnesheconombank has left the shareholders of the gold-extracting company Pavlik, which develops the deposits of the same name in Magadan region. The share of the bank in the company dropped from 9.9% to 0%. According to the bank the move was planned. VEB left Pavlik when it reached the design capacity of…