Severny Katpar Limited Liability Partnership

Project launch: 2015

JSC NMC Tau-Ken Samruk (100%)

Project for the development of a deposit (quarry), construction of an enrichment plant and a hydrometallurgical plant.

Commissioning is planned for 2023.

The involvement of a strategic partner for the implementation of the project is being considered.

To be approved

In 2021, a plan was developed for the introduction of sustainable development of JSC NMC Tau-Ken Samruk for 2022-2023 together with an independent consultant PricewaterhouseCoopers. The plan includes many objectives of the ESG agenda. The main objectives are presented below:

- Economic: implementation of the principles of “green investments” for the Company’s core business on a long-term basis, including sustainable development and environmentally friendly technologies as one of the criteria for new investment projects, including the requirements of compliance with ethical principles and a high level of corporate social responsibility as additional criteria for the selection of suppliers;

- Environmental: analyzing the current state and update the Company’s Environmental Policy, developing an action plan to achieve environmental goals based on the results of an internal audit for compliance with ISO14001, including climate risks in the risk register for 2022-2023 according to the TCFD methodology;

- Social: developing long-term and medium-term plan/programs on the rating of social well-being in terms of hiring and satisfaction with working conditions, official salaries, updating HR policy in accordance with international standards GRI and ISO 10018, revising the Code of Business Ethics of the organization, comparing the standards of companies in the same industry.