Expansion of zinc operations and silver recovery process in Mexico

Exporter: Outotec (Finland) Oy, Finland
Guarantee Holder: Credit Agricole Corporate and lnvestment Bank, France
Lender: Credit Agricole Corporate and lnvestment Bank, France, as the Original Lender
ECA Agent: Credit Agricole Corporate and lnvestment Bank, France
Borrower: lndustrias Penoles, S.A.B. de C.V., Mexico
Project: Expansion of zinc operations and silver recovery process at Torreón, Mexico
Country of export transaction: Mexico
Credit amount: USD 95 million
Percentage of cover: 95%/95%
Repayment period: 8.5 years
Project classification: Category B
Environmental information:
Main items of the environmental and social review were emissions to air, water consumption, noise and solid wastes as well as occupational health and safety and engagement of surrounding community
International standards applied in benchmarking: IFC Performance Standards and relevant EHS Guidelines.
Contact point: environment(at)finnvera.fi
Information published: 25 September 2017