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CO2 capture plant in SwedenChina’s Solar Module Exports Reach 15.26 GW In August 2026 As Cell Shipments Surge 54%Sterling And Wilson Renewable Energy Reports INR 70 Crore H1 FY2027 Profit As Order Book Rises 34%ATESS Powers Two Cities in Chad with Solar and Battery Storage Microgrid ProjectsPakistan Faces Winter Gas Shortages if Hormuz LNG Remains ChokedIEA Speeds Emergency Oil ReleaseNTPC Partners with 247Solar For 1 MW Solar Thermal Hybrid Project At Rajasthan’s Bhadla Solar ParkSineng Electric Powers Zambia’s 100 MW Maamba Solar PV Project with Advanced Central InvertersPvPulse by Next Wave Energy Monitoring Wins Smart Technology Innovation of the Year – Solar Monitoring & Performance AnalyticsEnviro Infra Engineers Secures INR 228 Crore Wind EPC Order For 100 MW Maharashtra ProjectADB And Japan Finance 1.1 Million Tonne Green Ammonia Plant In India Under ACCELBuskowitz Energy Wins Best Engineering Team of the Year at the Philippines Clean Energy Leadership Awards 2026  NTPC REL 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200 MWp Villameca Solar Project in SpainPodcast | CO2, E-fuels and the need for paceAkamai Signs 13 MWp Rooftop Solar Power Agreement With EDP APAC In SingaporeAfrochine Smelting Secures US$155.5 Million for 115 MW Solar Power Plant in ZimbabweHouthis Vow More Attacks After Strike on Aramco HeadquartersUS Crude Oil Inventories See Massive Drop OffOil Prices Fall as Trump Considers Easing Sanctions on Shadow Fleet TankersNorth Sea Production Emissions Fall for 6th Straight YearGevo lands first multi-year CDR deal from North Dakota BECCS facilityUkraine seeks new manager for seized rare gas assetsUkraine seeks new manager for seized rare gas assetsHPERC Approves Fifth Amendment To Consumer Grievance Redressal Regulations 2026 In Himachal PradeshIndia Advances Clean Energy Transition, Targets Global Leadership in Solar, Wind and Energy Storage – ReportUS DOE Backs $581 Million TVA Grid Upgrade to Add 2.5 GW Capacity Across Eight StatesMNRE Invites EoI To Select Expert Institution For National Hydrogen Safety FrameworkNovak Calls U.S. Diesel Deal a ‘Positive Signal’ for Russia’s EconomySterlite Electric Appoints Jean Maxime Saugrain as CTO to Advance Power Transmission Technologies and Grid InnovationCERC Adopts INR 3.64/kWh Tariff for 600 MW SJVN Wind Power ProjectsTrina Storage Secures 196 MWh Battery Energy Storage System Supply Contract for AEJ Nozu Project in JapanSuryaLogix Celebrated as Solar Company of the Year: Monitoring SolutionsCERC Adopts INR 3.67–3.69kWh Tariffs for 1,200 MW ISTS-Connected Wind Projects Under SECI Tranche-XIXChina’s Coal Imports Fall 6% as Prices Hit Nearly 3-Year HighMHI delivers replacement steam generators for French reactorMilestone for Bruce 4 refurbishmentU.S. lobbies IEA nations for larger emergency oil stock releaseNewcleo opens MOX fuel development centreJoint venture formed for six-unit SMR plant in PolandUS DOE funding to accelerate molten salt reactor developmentOman Overtakes U.S. as India’s Top LNG Supplier in 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Mon. Oct 19th, 2026

Funding secured for Kazakh sulphuric acid plant

Friday, 16 May 2025

Funding secured for Kazakh sulphuric acid plant
(Image: Kazatomprom)

The Development Bank of Kazakhstan JSC and Taiqonyr Qyshqyl Zauyty LLP (TQZ) “have concluded an agreement on opening a credit line to finance the construction” of the plant, Kazatomprom announced. The total investment cost for the project is about KZT113 billion (USD2.6 million). The loan financing from the Development Bank of Kazakhstan is expected to be KZT85 billion, it added.

Sulphuric acid is used in Kazatomprom’s in-situ leach uranium operations, but uncertainties over the supply of the vital reagent significantly impacted production plans in recent years.

TQZ is a partnership of Italian company Ballestra’s Kazakh partner, the licensor and supplier of technology and equipment, with a 60% ownership interest, and Kazatomprom-SaUran LLP with a 40% ownership interest. The partnership was founded by Kazatomprom in 2023 to implement the construction of the new plant.

The plant is scheduled for completion in the first quarter of 2027, and will make a “significant contribution to the economic and social development of the region”, Kazatomprom said. Some 500 jobs are expected to be created during the construction phase, and about 270 when it is in operation.

Article researched and written by WNN’s 

   

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