Denys Shmyhal: Eastern Mining and Processing Plant to receive UAH 555 million loan for modernisation and increased production
At the initiative of the Ministry of Energy, the Cabinet of Ministers of Ukraine approved a protocol decision authorising JSC NNEGC Energoatom to provide State Enterprise Eastern Mining and Processing Plant (SkhidGZK) with repayable financial assistance of UAH 555 million. The loan will be provided until the end of 2027.
The funding will enable the enterprise to increase uranium ore extraction and uranium oxide concentrate production.