News
25 February 2020

Almonty gets ECA cover for Sangdong mine financing

In:
Metals and Mining
Region:
Americas, Asia-Pacific

Preliminary ECA cover for Toronto-based tungsten group Almonty Industries' Sangdong mining project in South Korea has been issued by OeKB. The Austrian ECA is underpinning a binding commitment from KfW IPEX for a $76 million loan for the scheme. Loan documentation is now being drafted and...

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