Bwana Mkubwa Mining Expansion

Projektträger – zwischengeschaltetes Finanzinstitut

First Quantum Minerals Ltd

Ort

• Sambia

Beschreibung

Expansion of the Bwana Mkubwa hydrometallurgical copper production facility in Ndola (Zambian Copperbelt) from 10 000 t/a to 30 000 t/a of copper.

Ziele

The project extends the useful life of the copper processing plant in Zambia by at least 6 years, thus adding value to Zambian's copper industry (at a time where it is facing a difficult transition period). It also allows valorising so far un-tapped high-grade copper resources located in an – economic – enclave in the DRC, just 40km across the border from Ndola.

Kommentar(e)

Mining

Sektor(en)

• Industrie

Vorgeschlagene EIB-Finanzierung (voraussichtlicher Betrag)

Up to EUR 14 million

Gesamtkosten (voraussichtlicher Betrag)

Approximately EUR 35 million

Umweltaspekte

The promoter has identified all relevant issues and is taking mitigating measures where appropriate. Hence, the project complies with the Bank's environmental principle of minimisation of negative environmental impacts, and is deemed environmentally acceptable.

Auftragsvergabe

Following EIB's procurement rules in force for Risk Capital financing.

Projektstatus

Unterzeichnet - 9/08/2002