Project Notice |
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| 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 |
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| Company Name | ESAN ECZACIBASI ENDUSTRYEL HAMMADELER VE SANAYI VE TICARET AS |