12
Aug
04:53
Nickel Industries raises funds for Indonesia nickel project
Australian nickel producer Nickel Industries is raising $225 million in debt capital for its Indonesia’s Oracle nickel project acquisition, Kallanish notes.
The firm is executing the binding agreements for the issuance of $225m of senior secured notes at an interest rate of 10%, maturing August 2025.
Oracle nickel comprises four rotary kiln electric furnace (RKEF) lines with a nameplate production capacity of 36,000 tonnes of equivalent contained nickel in…
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