24
May
03:48
Nickel Industries secures $250m term loan
Australian miner Nickel Industries has executed a new $250 million term loan facility, jointly provided by Bank Negara Indonesia (BNI) and DBS Bank, Kallanish learns.
The facility has been established to support the remaining funding requirements for Nickel Industries’ acquisition of a 55% stake in the Excelsior Nickel Cobalt (ENC) high pressure acid leach (HPAL) project. The project is currently under construction within the Indonesia Morowali Industr…
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