27
Feb
14:08
Posco-Pilbara JV secures remaining funding for chemical plant
Joint venture partners Posco and Pilbara Minerals have executed a KRW 600 billion ($460 million) debt facility to complete construction of their lithium chemical plant in South Korea.
The loan agreement was secured with the Korean Development Bank and the Export-Import Bank of Korea. The seven-year term facility has both fixed and variable interest rates. Repayments will start two years from drawdown, Kallanish learns from Pilbara Minerals on Monday.
The “…
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Anonymous
Very good overview of the weekly steel market.
Anonymous