ZINC SMELTER
October 1st, 2002
BY KEITH NUTHALLTHE EUROPEAN Bank for Reconstruction and Development is lending Russia's largest zinc smelter US$12 million to help it eliminate mercury emissions and drastically reduce emissions of sulphur oxydes. The six -year loan to the Chelyabinsk zinc smelter, is the bank's second in two years; it will finance the construction of a mercury recovery plant and a sulphuric acid plant under the second phase of a modernisation scheme. The EBRD's first investment was a six-year loan for US$15 million in 2000 to finance the expansion of the smelter's capacity and ...
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