Vnesheconombank ( VEB RF )

Almalyk Mining and Metallurgical Complex - United Yoshlik and Kalmakyr mines - Financing

Industry
Metals and Mining/Base metals
Area of finance
Project & Infrastructure Finance
Region
Russia CIS
Russia CIS
Countries
Uzbekistan

Deal Overview

Russia's VEB.RF has agreed a €712 million loan to finance the supply of Russian equipment for the largest copper processing plant in Uzbekistan. The loan will be spent for construction of the plant in Almalyk. The total cost of the project is $2 billion, with Gazprom Bank and Export...

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Deal Volume
$800.8m
Financial Close
23/11/2021
Dealmakers
Alena Koroleva

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Stanislav Savin

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Project Deals

Almalyk Mining and Metallurgical Complex
$2bn
Greenfield
Base metals
Russia CIS
Russia CIS
Uzbekistan