Pacific Nickel Mines

Kolosori Nickel Project - Glencore Financing

Borrower(s)
Pacific Nickel Mines
Industry
Metals and Mining/Base metals
Area of finance
Project & Infrastructure Finance
Region
Asia Pacific
Asia Pacific
Countries
Solomon Islands

Deal Overview

Glencore has issued a Letter of Commitment to Pacific Nickel Mines for a $22 million loan facility for the Kolosori nickel project. The additional funds mean that the project has now met its pre-production financing requirements.Under the terms of the agreement, Glencore will supply a $22 million...

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Deal Volume
$22m
Financial Close
19/04/2023
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Tranches

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Project Deals

Kolosori Nickel Project
$22m
Greenfield
Base metals
Asia Pacific
Asia Pacific
Solomon Islands