IIB grants a loan to Steppe Metal Powder LLC in support of ...
· International Investment Bank and Steppe Metal Powder LLC (SMP) from Mongolia have concluded a loan agreement for the amount of 8 million euros for a period of 6 years. The first tranche of the loan was transferred on June 5, 2020. The funds alloed by the Bank will be used for the construction and installation of a modern hightech plant that will produce copper .