Walkabout raises $25m for Lindi Jumbo graphite project

In:

Metals and Mining

Region:

Middle East & Africa

Walkabout Resources has signed a term sheet with Gemcorp for up to $25 million to complete construction of the Lindi Jumbo graphite mine project in Tanzania.The term sheet comprises a $20 million senior secured debt facility and a $5 million unsecured standby facility. Construction of the project is...

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