Tau-Ken Samruk and the EBRD to Agree to Cooperate on Development and Modernization of the Mining Sector of the Republic of Kazakhstan

JSC NMC Tau-Ken Samruk and the European Bank for Reconstruction and Development (EBRD), with participation of the European Commission, signed theMemorandum of Understanding. The document is a logical continuation of the long-term successful cooperation between the National Mining Company and the EBRD, and is aimed at consolidating efforts to modernize the mining sector and increase its investment attractiveness. 

The cooperation will focus on decarbonization and transition to the green economy, stimulating the technical and innovative development of the domestic mining sector, including the introduction of world-leading technologies. The subject of cooperation will also be the study of possibilities of expanding the raw material base of Kazakhstan and increasing the supply of critical metals to the European market.

For information: The EBRD is a multilateral bank that promotes the development of the private sector and entrepreneurial initiative in 36 countries on three continents. The bank belongs to 71 countries, as well as the EU and the EIB. The EBRD investments are aimed at making the economy in the regions of its presence competitive, inclusive, well-managed, environmentally friendly, sustainable and integrated.