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Polymetal gets development bank backing

Post-Soviet banker says women and youth will be winners of Kyzyl financing

Alex Hamer
Kyzyl from above: the EBRD says it will provide jobs to a broad range of Kazakhs

Kyzyl from above: the EBRD says it will provide jobs to a broad range of Kazakhs

The EBRD loan – maturing at the end of 2022 – will go towards the $400 million start-up cost for Kyzyl. This follows Polymetal’s extension of a previous $400 million loan earlier this month, which will...

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