Arafura obtains $150m indicative financing for Nolans project
Arafura Rare Earths, an ASX-listed mining company, has secured a non-binding letter of interest (LOI) from the Export-Import Bank of Korea, Korea EXIMbank (KEXIM), for up to $150m (A$228.05m) in debt. If approved, the $150m amount will be dispatched in two equal tranches. While $75m will be offered as a direct loan, an …
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