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Talas Sodium Cyanide Production Plant (Phase 2)

Updated: 3 days ago

Project Description:This project involves the expansion of the existing sodium cyanide production facility operated by Talas Investment Company in the Talas district of Zhambyl region, Kazakhstan. The expansion aims to increase the plant's annual production capacity from 15,000 to 30,000 tonnes of sodium cyanide, a chemical primarily used in gold mining, metallurgy, agriculture, and dye manufacturing. The project also includes the production of 5,000 tonnes of ammonium sulfate per year. The expansion is expected to create approximately 300 new jobs and enhance the plant's export potential to markets such as Russia, Turkey, Kyrgyzstan, and Tajikistan.

Current Status: Construction commenced in 2023. Design and estimate documentation have been developed, and a contract for the supply and installation of equipment has been signed with China Tianchen Engineering Corporation. An investment contract has also been signed with the Investment Committee.

Start Date: 2023

End Date: 2029

Investment Volume (in mln USD): Approximately $80.5 million

Involved Companies:

Talas Investment Company LLP

  • Role: Project Owner and Operator

  • Address: 27 Arbat Street, Karatau, Zhambyl Region, Kazakhstan, 080800

  • Phone: +7 (7264) 47 91 22

  • Email: zavod@talasinvest.com

  • Website: talasinvest.com

China Tianchen Engineering Corporation (TCC)

  • Role: General Contractor for Equipment Supply and Installation

  • Address: Not publicly available

  • Phone: 86 22 23408645 General Manager's Office

  • Phone: 86 10 52613803 Overseas Business Department

  • Email: tcc@china-tcc.com

  • Website: https://en.china-tcc.com/

  • Linkedin

South Oil LLP

Development Bank of Kazakhstan (DBK)

  • Role: Credit line for project financing

  • Address:10 Kunayev Street, Yessil District, Astana, 010000, Republic of Kazakhstan

  • Phone:+7 (7172) 79 26 53

  • Email:development@kdb.kz

  • Website:www.kdb.kz

Key People and Contact Details:

Other Important Details:

  • An investment contract has been signed with the Investment Committee.

  • The expansion is expected to increase the plant's export turnover by 20%.

  • Estimated tax deductions over 10 years are projected at 15 billion KZT.

Sources:

Photo source: South Oil


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