PROJECT FINANCE

Gindalbie takes Anshan funding deal

GINDALBIE Metals’ Karara iron ore project joint venture partner, Anshan Iron & Steel Group Corporation (AnSteel), has boosted its stake in the company after agreeing to a $A162.06 million funding arrangement.

Charlotte Dudley
Gindalbie takes Anshan funding deal

Gindalbie accepted Ansteel's offer to fund the iron ore play's share of the equity contribution towards the estimated $1.8 billion Karara project development cost. The arrangement is via a $162.06 million...

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