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KGHM copper gets EIB approval for investment loan

TAG'S: KGHM, Industrial (other)


Listed copper giant KGHM had European Investment Bank approve the application for a long-term investment loan, the EIB said on its website.

KGHM applied for a long-term investment loan from the EIB Bank in the amount of less than 50% of EUR 1 bln investment program, spokesman Dariusz Wyborski told PAP on January 15.


The investments in question include modernization and environmental optimization of KGHM`s Glogow I, Glogow II and Legnica copper smelting plants as well as the extension of production waste processing facility Zelazny Most, the EIB said on its website.


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