Sangdong Mine

Sangdong Tungsten Mine - OeKB Covered Loan

Borrower(s)
Sangdong Mine
Industry
Metals and Mining/Rare earths
Area of finance
Project & Infrastructure Finance
Region
Asia Pacific
Asia Pacific
Countries
Korea

Deal Overview

Project financing of a tungsten miner Almonthy Industries' Sangdong Mine in South Korea. Austria’s export credit agency Osterreichische Kontrollbank (OeKB) is committed to providing an Import Credit Scheme cover guarantee.

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Deal Volume
$76m
Financial Close
24/02/2020
Dealmakers
Alexander Wuermeling

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Christoph Harendza

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Marlene Braun

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Tranches

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Project Deals

Sangdong Tungsten Mine
$76m
Brownfield
Rare earths
Asia Pacific
Asia Pacific
Korea