/KASE, May 12, 2025/ – Development Bank of Kazakhstan JSC (KASE ticker
– BRKZ) has announced the following:
quote
The Development Bank of Kazakhstan JSC (hereinafter referred to as the Bank,
DBK, a subsidiary of of "Baiterek" National Managing Holding JSC) and the
project company Taiqonyr Qyshqyl Zauyty LLP have entered into an agreement
to open a credit line for the implementation of an investment project for the
construction of a sulfuric acid plant with a capacity of 800 thousand tons per
year in the village of Taykonyr, Turkestan region.
The total cost of the project is 113 billion tenge, where the full–fledged
technology partner is the Italian company Ballestra, a licensor and supplier of
full- cycle technologies, equipment and engineering services.
The plant will be located near uranium mines in the village of Taykonyr in the
Sozak district of the Turkestan region, which will ensure efficient logistics of
the key reagent, sulfuric acid, necessary for the underground well leaching
technology used in uranium mining. The main consumer of the products will be
NAC Kazatomprom JSC.
unquote
The complete press release is available on –
https://kase.kz/files/emitters/BRKZ/brkz_relizs_080525_1.pdf
[2025-05-12]