Project Recycling

exploratory

Provision of a loan of up to of USD 20m for the benefit of the Samta Metals and Alloys SA, ultimately owned by Samta Mines and Minerals Limited (SMML, India). Samta Metals & Alloys SA, Morocco (Samta) proposes to construct and operate a copper (Cu) and aluminum (Al) scrap recycling complex in the Atlantic Free Zone (AFZ) near Kenitra in Morocco. The complex will process industrial and sourced scrap to produce Al ingot with an initial capacity of 20k TPA and Cu cathode / rolled rod with an initial capacity of 15k TPA, specifically for the automotive industry. The Loan of USD 20m will support a capex plan of USD 70m for the setting-up of the aluminium and copper recycling plant, including equipment acquisition, and working capital. Core to the Project rationale is the energy savings and lower carbon emissions of secondary source (recycled) Cu and Al, compared to primary resource derived metals, as well as the Project location within an existing automotive industrial area that can provide both scrap inputs and product offtake. The Project will be implemented in line with the EU Best Available Techniques (BAT) for non-ferrous industries. 1. Environmental and Social Impact Assessment (“ESIA”) in English and French, including annexes. 2. Non-Technical Summary (“NTS”) in English and French; 3. Stakeholder Engagement Plan (“SEP”) in English and French; 4. Environmental and Social Action Plan (“ESAP”) in English and French. Download zip package of file in English Download Zip package of files in French Full ESIA documentation is available locally at: 1) EBRD Resident Office in Casablanca, immeuble Zevaco 46, Route d’Azemmour, Lotissement El Fath, lot 4 20230 Casablanca, Morocco and Client website Environmental or social enquiries Samta.morocco@samta.net General enquiries Samta Mines & Minerals Ltd Level 7 Gala Impecca, Near Courtyard Marriott, Andheri Kurla Road, Andheri East, Mumbai 400059, India Phone: +91 22 6969 3200 Website: https://www.samtamines.com/