We assisted the largest Chinese Mining Company with the first category construction licence and with searching a prospective target to invest in Kazakhstan. Our Experts obtained the consent of the antitrust committee and a mining licence for the Client. We rendered turnkey legal and tax assistance on structuring the investment transaction connected to Kazakhstan zinc deposit – the 5th largest zinc deposit in the world – and on obtaining an EBRD and the Bank of China financing of more than US$100m.

Confidential

A Chinese Mining Company: the Zinc Deposit
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The assistance required obtaining different types of licences for mining activity intended in Kazakhstan. Government authorities had been denying Chinese companies registration and granting licences, which forced our Legal Team to apply more effective legal tools with a good outcome.
The Shalkiya zinc deposit located in Kazakhstan is the world’s 5th largest zinc mine, the works on which is the direct development of the mining sector in the region. The Project will be a significant economic boost in the area as it implies the creation of new jobs, improved human resource capacity, procurement of goods and services, development of infrastructure, increased tax revenues, and a number of partnerships.
Impact & Outcome
Zinc has multiple uses, and construction is the main driver of zinc consumption (46% share). Globally, the zinc market is likely to slide into a period of zinc concentrates supply deficit because of mine closures and reduced production volumes. When the demand goes up, the Project will deliver massive economic value for the Client.
Cases